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Real estate investment trusts (REITs) have a lower tolerance for proptech risks than other real estate asset class owners. However, as demand for immersive VR and AR technologies rises, integrating them into business operations has begun. In order to stay relevant along with crowdfunding portals, property aggregation websites, and fractional ownership business models, VR/AR-REITs need to implement proptech to attract investors. Adopting new technologies quickly and efficiently allows these shaky companies to gain a competitive advantage while extensive research is underway.

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