Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • The frantic metaverse land grab is likely to persist in 2022 as investors realize virtual real estate equals cash, predictive analytics firm says

    Business Insider

    The mad dash for virtual land is likely just beginning. Real estate sales in metaverses like Decentraland and the Sandbox — where plots have sold for millions of dollars — are likely set to continue at a brisk pace before peaking in May, though interest will remain high even after, according to predictive analytics firm NWO.ai. “We’re really seeing the utility of these properties rising; we’re seeing that people can make actual money, that buying these properties equals cash. That is going…

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  • Workspace Management Platform OfficeSpace Raises $150M

    Pyments

    Workspace management platform OfficeSpace Software has received a $150 million strategic investment from the investment firm Vista Equity Partners, according to a Friday (Jan. 21) press release.

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  • Condeco Acquires Proxyclick to Better Address the Urgent Need for Businesses to Safely Reconnect People in the Workplace

    Proxyclick

    Condeco, a global leader with a comprehensive workspace management suite designed to connect people in the office and remotely, today announced the strategic acquisition of Proxyclick, the market-leading visitor management platform that enables the enterprise to welcome visitors and employees into the workplace without compromising the health, security, or compliance objectives of customers. The acquisition follows Condeco’s strategic growth investment from Thoma Bravo and JMI Equity which was c…

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  • Here’s What’s Driving Latin America’s Rank As The World’s Fastest-Growing Region For Venture Funding

    Crunchbase News

    For Latin American startups, 2021 was an extraordinary year on the funding front. Venture and technology growth investors poured an estimated $19.5 billion into the region, per Crunchbase data. That’s more than triple prior year levels, which were themselves record-setting.

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  • Goodbye, person … Hello, robot

    Axios

    There were robots galore at the National Retail Federation’s big annual trade show this week in New York City, Jennifer A. Kingson writes. Here’s one, above, that cleans floors in commercial locations like airports, supermarkets, warehouses, malls and hospitals.

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  • SoftBank-Backed Habi Buys Mexican Real Estate Tech Startup

    Bloomberg

    Habi, a Colombia-based real estate startup backed by SoftBank Group Corp., said it acquired a Mexican rival, making it the largest tech-based buyer of residential properties in a country that’s gaining growing attention from so-called property technology firms.

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  • ESG offices priced 25% above non-ESG, study says

    Placetech

    The anticipated premium for greener ESG-focused office buildings is already being seen according to a study of US rents and sales pricing over 10 years by Cushman & Wakefield.

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  • Amazon plans a new rival for retailers: a physical clothing store.

    New York Times

    The company plans to open Amazon Style later this year in Glendale, Calif., that will incorporate customers’ physical browsing behavior and preferences on the Amazon Shopping app.

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  • Cryptocurrencies Backed by Real Estate, Part 3

    CREtech

    Gary Brandeis of Vertalo Real Estate details the key mistake tech companies trying to break into commercial real estate are making, and how government regulations will need to change in order to accommodate cryptocurrencies backed by real estate.

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  • How Technology Can Solve Multifamily Operations Challenges

    GlobeSt

    With so many companies looking to technology this year to bring automation to processes that help them solve staffing shortfalls or to be more efficient, Tama Huang, Chief Innovation Officer, CohnReznick, offers a basic rule-of-thumb for this decision-making. “If it’s something that can be done with your eyes and fingers only, automate it,” she said. “If it’s something that must be handled by using what’s between your ears, have a person take care of it.”

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