henry, Author at CREtech | Page 14 of 17
While earlier in the year, much of the talk in the tech sector focused on falling valuations, dropping stock prices and slower funding rounds, a lot of chatter the past two months has been around something that hits much closer to home for many people.
Architects and designers hit a wall — literally — when it’s time to put finishing touches on a project. They must search and sample thousands of tile, paint and carpet options from hundreds of manufacturers. It’s fragmented, expensive and time-consuming.
In five short months ending in April, the value of publicly traded cloud companies plummeted $1.1 trillion, losing just over 40 percent of their total value.
That’s according to the State of the Cloud 2022 report from Bessemer Venture Partners (BVP).
In November, the public cloud index was valued at $2.7 trillion; last month, it was $1.6 trillion.
One of the main challenges when it comes to potential obsolescence for the London market is scale. The size of the market and sheer number of office buildings mean that simple solutions to ESG-related problems will be few and far between. To demonstrate the scale of the issue in basic terms, it’s worth examining BREEAM certification as it applies to the central London market.
Start-up workers came into 2022 expecting another year of cash-gushing initial public offerings. Then the stock market tanked, Russia invaded Ukraine, inflation ballooned, and interest rates rose. Instead of going public, start-ups began cutting costs and laying off employees.
Sebastian Schuon, founder of Alasco, joins Paul Unger, editor of PlaceTech, to talk about how Alasco is digitising processes to maximise ROI and integrate ESG.
Alasco is a cloud-based financial and sustainability management platform that’s bringing the property sector up to speed. With industry frontrunners like Hines, SORAVIA and Garbe already using the software to manage over $30bn worth of...
In January, John Gilbert, Rudin Management's chief technology officer and chief operating officer, retired from the company after 30 years.
He’s not done, though. Gilbert, one of the pioneers of technology in real estate, remains executive chair of the Rudin-created proptech company Prescriptive Data. Its remit includes the artificial intelligence-powered building operating system Nantum OS,...
Habi, a real-estate company that is trying to create a digital marketplace for home buyers and sellers in Latin America, has raised $200 million in a Series C funding round.
The round was led by venture-capital firm Homebrew and SoftBank Latin America Fund. Though Habi won’t disclose its financials, the latest funding round has pushed its valuation above $1 billion, said Brynne McNulty Rojas,...
I’ve been reading much commentary recently on how to measure, to value, the modern office. Especially post Covid, as we clearly head into a world of distributed working, where the HQ is no longer the be all and end all of our working lives.
Investment giant Nuveen Real Estate is planning to launch an impact investing sector targeting affordable and sustainable housing with supportive services for residents, according to the company.