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Episode Summary
In this episode, Richard is joined by Ronak Rawal, Senior Director at GAA Living, to discuss the growing impact of property technology in the Build to Rent and rental living sector.
Ronak shares the story behind GAA’s global PropTech research report and why its findings are just as relevant to Australia’s emerging Build to Rent market as they are to more mature markets overseas.
The conversation unpacks what PropTech actually is, why so many Build to Rent operators are still under-utilising data, and what a world-class tech stack looks like across the full tenancy life cycle. This includes anything from lead generation and virtual tours, through to automated renewals and end-of-tenancy management. Ronak also highlights the key criteria every operator should consider when building their PropTech strategy and how to determine the right approach for their portfolio.
They also discuss the significant impact technology is having on operational costs, staffing models and net operating income, and why getting the tech stack right from the outset is essential for long-term portfolio performance.
The episode concludes with a timely update on the UK Build to Rent and co-living market. Ronak shares what is working, where the biggest challenges lie and what Australia's emerging market can learn from more mature markets overseas.
About Our Guest
Ronak Rawal is a Director at Global Apartment Advisors (GAA), a specialist advisory firm operating across the living sector globally, including Australia, the United Kingdom and the Middle East.
With over 15 years of experience across strategy and transformation, Ronak began his career at PwC before moving into senior roles at BT and Tesco. He specialises in strategic development, business transformation and performance improvement, with deep expertise in managing complex programmes across global markets.
In his role at GAA, Ronak leads the international expansion of the business, with a focus on strategic planning, client relationship management and business operations.
Tune into the Episode
If you are a developer, operator or investor thinking about where data and technology may fit into your portfolio strategy, this is an episode you won't want to miss. Tune in to hear Ronak share what the global PropTech research reveals, what Australia can learn from the UK market, and why getting your tech stack right is one of the most critical decisions facing Build to Rent operators today.
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This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.
