Yokota Daizo's (横田大造) presentation highlighted the need to use IT and DX to advance the democratization of the real estate market, as well as the role of the electronic transaction framework in driving this trend.
While retail investors have more options, it was pointed out that a high structural barrier exists between institutional and retail investors across the real estate market.
The presentation indicated that IT and DX are important foundations for narrowing this gap.
The 2017 amendment to the Act on Specified Joint Real Estate Ventures established a framework for electronic transaction services, enabling explanations to be provided and contracts to be executed online before and at the time of contract formation.
Yokota Daizo (横田大造), Representative Director and President of CREAL, spoke at the presentation about the front line of DX in real estate investment.