REaaS

Real Estate as a Service (REaaS) is a business model and platform approach in which real estate-related services, software, and infrastructure are delivered via cloud-based, on-demand services. REaaS combines property management software, leasing and brokerage capabilities, facilities management, data analytics, and related services into an integrated service stack. It enables owners, operators, developers, and occupiers to acquire space, manage assets, and run operations through flexible subscriptions and modular services rather than through traditional ownership and fixed contracts.

Key components typically include a core platform for lease and asset management, accounting, maintenance, and occupancy planning; tenant experience and space marketplaces; data analytics and reporting; facilities and energy management; and a marketplace of supporting services (construction, cleaning, security, etc.). Interoperability with other systems is often achieved through APIs and integrations with CRM, ERP, and IoT networks.

Delivery models vary from software-as-a-service (SaaS) modules used by property managers to platform-enabled leasing and space-as-a-service offerings, and to bundled managed services that combine software with on-site operations.

Benefits commonly cited are greater flexibility and scalability, lower upfront capital, improved occupancy and tenant experience, data-driven decision making, and enhanced energy efficiency. Challenges include fragmented providers, data interoperability and security concerns, regulatory compliance, change management, and balancing long-term costs with evolving technology.

Market context and trends place REaaS within the broader proptech movement, appealing to institutional landlords, REITs, developers, and corporate occupiers seeking more efficient portfolio management, flexible leasing, and integrated service delivery. The concept has gained traction as cloud software and on-demand services enable more modular, outcome-oriented real estate operations.