Latest in Commercial Real Estate Tech News by CREtech

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.

Search

Home
News

High hopes for timber: Wood towers gain favor in US

The Real Deal
10/27/2021

For residents of a Milwaukee tower to admire the wood holding it up, samples of the material first had to undergo a trial by fire. Literally. The U.S. Department of Agriculture burned the glue-laminated timber columns for three hours in a lab, the longest test ever conducted for the material in the states. The 2019 examination helped persuade local officials to grant developer New Land Enterprises variances to build the 284-foot tower with timber and expose more of it than is usually allowed….

Read more
As Risks of Climate Change Rise, Investors Seek Greener Buildings

New York Times
10/27/2021

When the developer Lendlease opens its $600 million residential and office complex in Los Angeles, expected in 2025, the site will have the typical hallmarks of sustainable development: proximity to a light-rail stop, an all-electric residential tower, solar panels and a pedestrian plaza.

Read more
Future-Proofing Your Workforce, Workplace and Portfolio, Part 2

CREtech
10/27/2021

Tony Josipovic of JLL discusses the company’s ‘Future of Work’ model and how it relates to the workplace.

Read more
WhyHotel opening living space at Rudin’s 110 Wall Street

The Real Deal
10/27/2021

WeLive may not have been a success at 110 Wall Street, but Rudin Management is set to debut a new tenant that might have better luck at its Financial District building. Hospitality platform WhyHotel on Tuesday announced its first New York City property, which is slated to open Nov. 1. The company is launching Front & Wall Street, which will operate under its Hospitality Living umbrella….

Read more
Covid Acted As A Pivot And Is Bringing New Tech Into The Office World

Bisnow
10/27/2021

If all goes well, companies will return to the office en masse after the first of the year, but workers and tenants will most likely expect many changes, including environments seen as safe. More protection from unneeded contact or crowding may be key to keeping buildings occupied and new technology has a role to play. Due to new tech tools, visitors and workers in new or updated Class-A offices can expect a different experience than in pre-Covid days, Level-1 Global SolutionsCEO Thomas McElr…

Read more
PropTech1 Ventures wins JLL Spark as latest investor

Proptech 1
10/27/2021

PropTech1 Ventures, the European venture capital fund for the untapped innovation potential of the real estate industry, welcomes U.S.-based proptech investor JLL Spark Global Ventures as a new limited partner. JLL Spark is the strategic investment arm of JLL, a leading professional services firm that specializes in real estate and investment management. A final closing of PropTech1 Fund I is planned by the end of 2021 at the latest.

Read more
PropTech SPAC Jaguar Global Growth I files for a $200 million IPO

Renaissance Capital
10/26/2021

Jaguar Global Growth I, a blank check company formed by Jaguar Growth Partners and Hennessy Capital Group, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The Miami, FL-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Jaguar Global Growth I would command a market value of $250 million.

Read more
Applying Spatial Intelligence to CRE Operations

GlobeSt
10/26/2021

Counting crowds has become an important tool in retail: that is, watching where people go in a store to better understand how they look at products and make purchase decisions. It’s a lesson that commercial real estate should learn, argues George Shaw, CEO of Pathr, a software vendor that provides tools to study the movement of people in buildings without collecting identifying information, to better preserve privacy. Originally designed for the retail industry, Pathr is expanding to other in…

Read more
$4m partnership aims to accelerate net-zero efforts in Singapore

Smart Cities World
10/26/2021

The Energy Market Authority and Envision will help develop the capabilities of local energy companies focusing on renewable energy, urban energy efficiency and low-carbon solutions.

Read more
This is What Hybrid Work Looks Like in Action

GlobeSt
10/26/2021

Ernst & Young has launched its inaugural EY Future Workplace Index, which tracks executive sentiment and behavioral data around the workplace of the future. The survey – one of the first of its kind and a barometer for the redefinition of the workplace – reveals the future of work is hybrid, meaning historically office-based workforces will work from the office and remote locations at any given time, and, for many, the traditional role of the office will become obsolete.

Read more