Q&A: IWG and Round Hill Ventures’ tips for embracing hybrid work
Placetech
It’s all well and good knowing the future of work might be hybrid, but what does that actually mean for landlords? How should they prepare for that future?
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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WeWork’s First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline
Bisnow
Now that its long, strange trip from a failed IPO to merger with a special-purpose acquisition company is complete, WeWork is just another publicly traded enterprise. The flexible office space provider released its earnings report for the third quarter on Monday, the first since officially going public in October. In the quarter, WeWork reported a net loss of $844M, an improvement of more than $100M over the nearly $1B it lost in Q3 of 2020, Reuters reports. The smaller loss was largely a res…
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Two JVs Will Invest £1.5B In UK BTR
Bisnow
Two joint ventures have been set up that will see £1.5B invested in the UK build-to-rent sector, with both partnerships having secured their first schemes. Developer Moda Living and U.S. private equity firm KKR launched a new rental platform with an initial 5,000 homes across Leeds, Liverpool, London, Cardiff, Manchester, Birmingham and the Midlands. The projects could have an end value of £1B….
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$300M play for Fieldwire is latest big-ticket con-tech deal
The Real Deal
A gangbusters year in proptech dealmaking has yielded another big-ticket transaction in the construction-tech niche.
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Steadily Raises $31 Million to Make Landlord Insurance Fast, Easy and Affordable
Insurtech Insights
Steadily serves the 17 million individual rental property owners who collectively own the large majority of single family and small apartment rentals across the US.
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Gaining a Competitive Edge with Tech, Part 1
CREtech
Jay Olshonsky, President & CEO of NAI Global discusses how his company implements data analytics to create value for his clients as well as returns for his company.
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These ingenious floors use 70% less concrete and 90% less steel
FastCompany
The most polluting part of a building is hiding underfoot. Floors account for more than 40% of most multi-story buildings’ total mass, and many of the surfaces that hold up office floors and apartments are made of concrete. They represent a significant chunk of the emissions caused by constructing and operating a building over its lifetime. With the production of concrete being responsible for an estimated 8% of global carbon emissions, lowly floors are a serious climate challenge….
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AnyDesk raises over €60m ($70m) in Series C round led by General Atlantic
General Atlantic
The funding comes as the company reaches nearly 500 million downloads and continues its rapid growth fueled by the rise of remote work. The company will look to expand its team and product offering to support continued momentum as its valuation reaches €600m ($650m).
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BentallGreenOak announces its commitment to achieving Net Zero emissions by 2050 or sooner for its entire global real estate portfolio
BentallGreenOak
BentallGreenOak (“BGO”) today announced that it is joining the Net Zero Asset Managers initiative, which commits the company to achieving Net Zero greenhouse gas emissions by no later than 2050 for its entire commercial real estate investment portfolio. The firm’s historic track record for successfully reducing and offsetting carbon emissions in the built environment will be instrumental in setting an enhanced course on targets that recognize the need for radical disruption to address the urgent…
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Parting shot: Robot truck route
Axios
Driverless trucks are a daily sight in Bentonville, Ark., as they shuttle Walmart merchandise from a warehouse to a Neighborhood Market, Axios’ Joann Muller and Worth Sparkman report….
