Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech+
Merritt Hummer, Partner at Bain Capital Ventures, sheds light on the hallmark of a great tech investor, what she looks for in founder and startups, and where the industry is heading.
Dwell
“Smart home technology is something people have always wanted in their homes, but it was very expensive,” says Plant Prefab founder and CEO, Steve Glenn. “Now, it’s become much more accessible, and much more pervasive.”
Wall Street Journal
Blackstone Group Inc. BX 1.49% became an investing powerhouse by making successful bets on undervalued companies. For the next leg of its expansion, the firm is focused on companies with big growth prospects, even if it has to pay up for them….
The Economic Times
Mumbai: Proptech platform Square Yards has acquired PropVR, an AI-based platform specialising in creating digital property experiences using 3D technologies, virtual reality and augmented reality. Both the founders of PropVR will join Square Yards in senior leadership roles, as part of the all-stock deal. PropVR’s existing investors, including realty developer Brigade Group’s Real Estate Accelerator Programme (REAP), have also become co-investors in Square Yards as per the terms of this acquisit…
TechCrunch
Cubyn, the Paris-based logistics startup that lets e-merchants outsource fulfilment and delivery logistics, has raised another €35 million in funding. The round is led by Eurazeo and Bpifrance Large Venture, with participation from First Bridge Ventures and Fuse Venture Partners. Existing backers DN Capital, 360 Capital, Bpifrance Smart Cities fund and BNP Paribas Développement followed on.
Bisnow
One of the world’s biggest real estate owners has pledged to dramatically reduce the environmental impact of its portfolio. Nuveen, which has $133B worth of real estate assets under management across the Americas, Europe and Asia, has pledged to make all of its properties carbon neutral by 2040, Financial Times reports. The target represents a 10-year acceleration from the 2050 pledge it signed in response to the youth-led climate strike of 2019 and matches the target CBRE Global Investors recen…
Bisnow
In a year of so much discomfort, many workers have settled into the notion that remote work, perhaps an afterthought in years past, may actually work for them. Owners of office space are understandably nervous that the future for many people may include fewer commutes and, for companies, a corresponding need for less commercial office space.
Precisely
In Proptech (both commercial and residential), accurate and robust address data is essential to effectively doing business. However, across the board, companies are challenged with finding an effective strategy for organizing and consistently cleansing, connecting, and enriching address data.
CREtech
Michael Turner Selected As CREtech+ Legend For His Extraordinary Leadership And Contributions To The Commercial Real Estate Industry New York, NY (March 22, 2021) — CREtech+, (www.plus.cretech.com), the video streaming platform devoted to innovation in the Built World, has announced that Michael Turner, President at Oxford Properties will be featured as a “Legend” in their exclusive new video series as part of the subscription service. The Legends Series will profile some of the most impactful r…
Fast Company
The suburbs are changing. The homogenous picket-fence bedroom communities of decades past are becoming more economically and demographically diverse, less architecturally homogenous, and, unfortunately, more impoverished. They’re also becoming, well, less suburban. …
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