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The pandemic crisis is the latest in a series of events that includes the oil dispute between Russia and Saudi Arabia which show how cities rely too much on the wider world. This presents challenges to ensuring they continue to function properly and serve their inhabitants effectively. Add cities’ commitments to the climate and the broader environment and the need for self-sufficiency looks even...
Proptech funding in the Asia Pacific region declined last year, a sign of general caution among investors toward the tech industry after a years-long boom. Proptech start-ups raised US$625.9 million in 2019, compared to a record US$1 billion in 2018, according to data from tech media company Tech in Asia. The decline comes as investors take a step back after years of growth in a commercial real...
Traditionally real estate has been a bit of a dinosaur when keeping up with progressions in technology. ‘PropTech’ has however more than quadrupled in the last 5 years. But what exactly is it? Alex Edds, director of innovation, at JLL UK describes it as “On the face of it, proptech is the digitalisation of real estate, but beneath the surface there is so much more to it than that. At i...
Founders face many trials and tribulations when building their companies, from fundraising woes to visa challenges to product failures to company failures.
And according to Kari Sulenes, “almost everybody who has built a company has a burnout story.” Her startup, Atlas, connects venture firms and startup founders to specialized therapy sessions. Plus, it views th...
Social isolation and a declared national emergency have had an immediate impact on industries that cluster people; conferences, trade shows, airlines/cruise ships and all types of travel, the hospitality industry, sporting events, theater and movies, restaurants and schools. Large companies are telling employees to work at home.
Realogy is the latest iBuyer to stop making cash offers for houses amid the market turmoil sparked by the coronavirus pandemic. In a statement, the brokerage holding company said its RealSure program was designed to provide sellers with “peace of mind” and a “more flexible real estate experience.”
When crashes happen, inevitably the startup space gets hit, too. Funding slows, the IPO window closes and investors say no to bankrolling huge losses in the name of growth. Now that stocks are officially in bear market territory, and measures to curb coronavirus have turned the biggest tech hubs into work-from-home zones, we decided to check in to see if the downturn has yet impacted startup fund...
Convene, the shared office-space provider that is backed by the likes of Brookfield Asset Management and RXR Realty, has laid off a fifth of its workforce, or about 150 employees, in response to the slowdown in business brought about by the coronavirus pandemic.
London (20 March 2020) - Due to the global COVID-19 pandemic, FUTURE PropTech 2020, part of the World’s number one real estate technology event series, has been rescheduled to 28 & 29 October. It will continue to take place at Magazine London.
“The well-being and saf...
With the current state of worldwide health concerns due to COVID-19, many companies are leaning (or will eventually be forced) towards changing their day-to-day communication strategy by asking employees to work from home. With so many uncertainties, how will people adjust, and what companies will take charge to help with the transition from our everyday norm?