AMWatch

KLP investment manager says proptech is overhyped – "I've been complicit"

Andreas Farberg has invested billions of Norwegian kroner in real estate on behalf of Norway's biggest pension firm. Although he still thinks proptech has value for the real estate market, he got carried away in a hype, he says. To him, "learning by failing" is central.

Andreas Farberg, investment manager at KLP Eiendom. | Photo: Privat

"You create value by failing. I believe in this, and we in KLP Eiendom – but also other property owners – could become better," Andreas Farberg tells AMWatch's Norwegian siter media EiendomsWatch.

As investment manager responsible for global real estate at KLP Eiendom, Farberg has a wide approach to what happens in the real estate market.

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