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IoT PropTech refers to the integration of Internet of Things (IoT) technology in the property technology (PropTech) sector. It involves connecting devices and sensors within buildings to collect and exchange data. IoT enhances real estate efficiency by enabling smart building management, including energy optimization, security systems, and predictive maintenance. In PropTech, IoT provides valuable data analytics in real estate, improving decision-making and tenant experiences. The adoption of IoT represents a significant advancement in technology in real estate, contributing to the digital transformation of the industry.
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