Melbourne Breath pilot aims to support the return to office
Smart Cities World
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Smart Cities World
Crunchbase
While global venture investment has fallen considerably from last year’s peak, the most active startup investors of 2021 have remained prolific dealmakers in 2022.
GlobeSt
A proptech player who launched a predictive analytics platform focused on office occupancy trends says employers need to “earn the commute” from hybrid workers by tailoring office space to enhance efficiency and employee satisfaction.
Equiem
PropTech has always looked towards the future. But the new technologies and shifting culture of the post-COVID workplace have created a rich moment of opportunity. How will tech like AI and TenX shape the workplace of the future? Prior to the pandemic, the workplace was already on the verge of a technological breakthrough. Companies were slowly embracing videoconferencing and remote work was becoming more common. The shift was slow, but it was happening. And most importantly, the tech had alr…
PlaceTech.
Doorvest this week announced an $50m asset-backed credit facility with Pollen Street Capital, a private capital asset manager with $3bn assets under management.
PlaceTech.
The Toronto-headquartered global property company has made its third tech investment, this time putting pre-seed funding into a software company focused on streamlining engineers’ designs to reduce material waste.
The New York Times
The wooded campus that once housed the global headquarters of Toys “R” Us in Wayne, N.J., is 85 percent vacant today. On a weekday, the parking spots for 1,900 cars are mostly empty. The helipad is unused. So is the corporate dining hall, with its views of the serene grounds. Hundreds of cubicles — the spacious old-school kind with the high walls, not the little hot desks popular with employers today — sit empty as the property awaits redevelopment into something entirely new….
Online Marketplaces
Latin America is seeing a boom in non-traditional real estate marketplaces and a surge in investor capital to back them. The idea of renting a home directly from a portal might be farfetched to a tenant in Ireland but in Brazil, it’s become commonplace. The idea of paying for a house in cryptocurrency might be laughable for home seekers in New Zealand, but it has become a reality in Mexico.
StrategicCIO
Mike Jackowski and Nag Vaidyanathan met at Allstate in the early aughts, when Jackowski was a divisional CIO and Vaidyanathan was a senior director building the giant insurer’s connected platform. Today, they are the CEO and CTO, respectively, of Duck Creek Technologies, a publicly traded company providing core system solutions to the property and casualty insurance industry. “We have a special relationship,” Jackowski said.
Crunchbase
June was the most active month for tech layoffs so far this year, with at least 75 reports of U.S.-based tech companies initiating layoffs, according to a Crunchbase News analysis of aggregated layoff data. At least 143 U.S. tech companies have laid off more than 24,000 people so far this year, and it’s unclear when the cuts will slow down.
Subscribe to CREtech to get our monthly newsletter curated by our editors and special event discounts and announcements.
or sign in if you're already a member
REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025