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Nearly five billion home wi-fi devices are in use around the world, according to a new report that also predicts “a new wave” of wi-fi smart home devices will drive adoption towards a total of 17 billion in use worldwide by 2030.
The figures cement “the wireless home” as one of the leading technological trends of the early 21st Century and wi-fi technology looks set to remai...
Last September, Brandon Weber gave up his day job as one of the leaders of commercial real estate tech’s most-hyped startup, VTS. He then decided to buy a one-way ticket and go traveling.
Weber had founded Hightower, which merged with its chief rival VTS in November 2016 to create what Weber and VTS boss Nick Romito billed as a $300 million company. But
It’s Thursday and the residents of Jakarta’s Cosmo Park are out jogging, watering their plants or walking their dogs along neat asphalt roads.
Neighbourhood kids pedal their bikes under frangipani trees and peach-coloured bougainvillea to the pool and tennis court. Apartments, comfortable and modern, sit side by side, with barbecues and toys stacked outside.
Quiet and orderly, it feels l...
eXp Realty, the fast-growing virtual brokerage, has reported a “record” $266.7 million in revenue in the second quarter of 2019 — a 104 percent year-over-year increase.
In its latest earnings report, the firm also reported $2.2 million in net losses, up 16 percent on the...
Real estate companies from Zillow Group to Keller Williams have jumped on the nascent iBuying craze. But what’s the cost to home sellers who sell their homes with these services?
An extra 13 to 15 percent.
That’s according to a new study from data firm Collateral Analytics, which aimed to put a price tag on the cost of using iBuying platforms, which allow buyers to purchase homes instant...
Sometimes lost in Zillow Group’s surprising pivot to focus primarily on transforming how people buy and sell homes is its evolution into a mortgage lender. The company jumped into mortgages with the
WEWORK took the real estate world by storm on its way to an initial public offering (IPO) that's set to be among the year's biggest. It's not the only co-working firm that's primed for new heights.
More and more companies are vying to meet global demand for hip, furnished offices without the commitment of a long-term lease.
Some, such as IWG's Regus, preceded WeWork. Others followed in the f...
Otis Elevator Co. has come a long way from being an elevator pioneer in the 1850s. Today, the company’s elevators and escalators carry two billion people daily, and technology is driving sales and servicing of equipment.
As high-rises keep growing taller, more connected and more efficient, there is increasing pressure on Otis and rival elevator companies Schindler, Kone and Thyssenkrupp to re...
New technologies and community gathering spaces are the necessities for apartment buildings today. Properties appropriately leveraging technology, including smart home features, and integrating community gathering spaces and events, are seeing better tenant retention and faster lease times.