We currently intend to concentrate our efforts in identifying businesses that provide technological innovation to the broader real estate ecosystem. As the largest asset class in the world, the real estate industry is vast and includes, but is not limited to: (i) commercial real estate such as office and industrial buildings, retail centers, stadiums and entertainment venues, cultural facilities, manufacturing, hospitality, self-storage facilities, medical and life sciences, student housing and senior housing; (ii) residential real estate such as single family homes, multi-family rental buildings and for sale condominiums; and (iii) assets and services such as infrastructure and utilities, defense and security services, fiber networks, data centers, cell towers and greenspace. We intend to focus on businesses that provide technological solutions that make the built environment more accessible, connected, dynamic, efficient, experiential and sustainable.

From the lens of environmental, equitable and societal accountability, we will seek to acquire a business that offers innovative software, hardware, products, operations or services that are technology-driven and enhance the value of the infrastructure or property ownership. This type of business, therefore, will have a large market audience and many different customers, including landlords, tenants, developers, operators, managers, brokers, investors, lenders, architects, engineers, general contractors, urban planners, government agencies and farmers. 

(Note: Crown PropTech Acquisitions priced its upsized IPO on Feb. 8, 2021, of 24 million units, up from 20 million units, at $10 each to raise $240 million; This SPAC is incorporated in the Cayman Islands.)