PropTech France – The high Potential of the declining Leader | PROPMODO
PropTech France – McKinsey ranked France among others as a declining leader in the global construction sector. However what sounds alarming has a huge potential of improvement. Therefore leading the globalization of PropTech is imperativ to watch the french PropTech market.
en}Real estate is at the very heart of the French economy. The construction sector accounts for 6% of the GDP and real estate services for almost 13% according to a survey done in 2015 by the OECD. It represents 2 millions of job. Furthermore, public spendings to support housing and building reach $51bn (2% of the GDP).