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Latest Trends and Insights in Real Estate Technology

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First Platinum Certified Smart Building Awarded to EDGE Olympic Amsterdam

Smart Building Certification
1/21/2021

Smart Building Certification, the organization behind the smart accreditation, awarded its first platinum building. The founders of Smart Building Certification handed the first official platinum certification over to Coen van Oostrom, Founder and CEO of EDGE. EDGE Olympic Amsterdam has been called the smartest building in the world since its launch in 2018. It surpassed its predecessor The Edge also built by EDGE, formally OVG Real Estate. The building combines technology for building utilizat…

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Iteris helps cities manage smart mobility infrastructure

Smart Cities World
1/21/2021

Its new software product VantageCare is a managed service that utilises process virtualisation to continuously and proactively monitor intersections and arterials.

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Big business backs key climate change regulations

AXIOS
1/21/2021

Two of Washington’s biggest lobbying groups say they support the Biden administration’s plan to regulate methane emissions from oil and gas wells. Why it matters: The shift, instigated by the Chamber of Commerce and American Petroleum Institute, is one of the most concrete signs of how corporations are beginning to support action on climate change in the face of pressure from investors, politicians and the public.

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Empty office buildings are still devouring energy. Why?

Fast Company
1/21/2021

In May, when the pandemic was solidly in what would be its first peak in cities around the United States, office electricity consumption dropped by nearly 25%—a predictable dip as many companies closed their doors and turned off the lights. Energy-sucking office equipment and lighting systems were switched either off or to standby mode as workers left the buildings, and office electricity use came down to record lows. That’s according to Hatch Data, which tracks and analyzes building data from…

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Notarize taps Larry D’Angelo as president & chief commercial officer

Housingwire
1/21/2021

Boston-based Notarize is a remote online notarization business that helps companies digitize across the real estate, auto, financial services and other industries. The company grew nearly 700% in 2020, D’Angelo said in an email interview with FinLedger.

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REBNY Fines Compass RLS UCBA Violation

The Real Deal
1/21/2021

In an email to New York City agents, the trade group said the penalty was due to “repeated violations” of REBNY’s universal co-brokerage agreement (UCBA), a document that governs how agents share listings.

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Fifth Wall $250M SPAC

The Real Deal
1/21/2021

The Los Angeles-based firm said in a regulatory filing that it will issue 25 million shares of its new special purpose acquisition company at $10 per share. Goldman Sachs and Deutsche Bank are underwriting the deal.

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Chicago Inno – Meet the tech company helping commercial real estate firms better advertise their space

Bizjournals
1/20/2021

RealtyAds is a cloud-based software platform that uses artificial intelligence to help commercial real estate firms advertise office, industrial and retail space on social media. The company says it can help real estate firms reach 85% more of their target audience than other advertising models.

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Nordic smart building research pool expands

PlaceTech.
1/20/2021

Nuuka, a Finnish proptech software company, has joined the Real Estate Core Consortium of property players targeting the emerging market for connected buildings. Demand for sustainable, resilient, and remotely operated buildings is a major driver for today’s digitalisation of the real estate industry. But a portfolio’s different systems, interfaces, and protocols are making it hard to access, aggregate, and make use of the data.

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Proptech is about to come of age

Property Week
1/20/2021

Prior to widespread home working, remote work was usually viewed as a nice perk rather than an organisational priority. Just 5.1% of the UK workforce primarily worked from home in 2019, despite the steady proliferation of technologies that made it easier than ever.

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