Inside the rental tech ecosystem, with RET Ventures’ Chris Yip

In proptech, the early bird doesn’t always get the worm. It can take a lot of time to overcome owners’ reluctance to bet on a new product, and those long sales cycles have been the undoing of many a startup, according to Christopher Yip.

The “phygital” era

The term “phygital” — a portmanteau of “physical” and “digital” — refers to a marketing strategy in which brands use bricks and clicks to entice customers, Jennifer A. Kingson writes. Why it matters: While the term is far from new — an Australian ad agency called Momentum copyrighted it in 2013 — the word is cropping up more and more as digital marketers expand and enhance the concept.

THE RISE OF INNOVATION DISTRICTS

As the United States slowly emerges from the Great Recession, a remarkable shift is occurring in the spatial geography of innovation.

For the past 50 years, the landscape of innovation has been dominated by places like Silicon Valley—suburban corridors of spatially isolated corporate campuses, accessible only by car, with little emphasis on the quality of life or on integrating work, housing and recreation.

German proptech startup Evernest closes €13M Series A round to build its technology platform and expand

Evernest, a German proptech company, has closed a €13M Series A financing round. According to the proptech startup, it has developed a technology platform for real estate agents to make the entire process of residential real estate transactions more efficient.

The Market Minute: After A Record Year, What’s Next For The SPAC Market?

Last year was a blockbuster year for the public markets and saw a record number of special purpose acquisition companies go public. All told, 613 SPACs raised more than $162 billion in gross proceeds, crushing the record set in 2020, which was already a standout year for the SPAC market.

RElab 2022: could 3D printing fix construction’s waste problem?

A startup that cuts material and emissions in concrete by up to 90% with 3D printing is among nine selected for the latest RElab scale-up programme, dominated by construction and sustainability innovations.

Avison Young deploys robots to automate time-consuming work

The company has partnered with software provider UiPath to provide staff with more reliable real estate analytics and to cut the number of manual tasks they do.

Tango Acquires AgilQuest: Combination Creates a Paradigm Shift in Hybrid Workplace Solutions

Tango, a leading provider of cloud-based store lifecycle management and integrated workplace management software, today announced it has acquired AgilQuest, the leader in flexible and hybrid workplace scheduling. The transaction further extends Tango’s position as the global leader in the real estate and facilities management space. The acquisition brings together the leader in workplace management solutions with the leader in employee engagement and productivity—uniting the Workplace with Pe…

Cresa Acquires Workplace Strategy Advisory Firm

Global commercial real estate advisory firm, Cresa has acquired Agile Work Evolutions, a real estate technology company that is focused on workplace strategy and implementation.

Focal Proptech: The 32 NYC Leaders You Need To Know