Tech Layoffs And Hiring Freezes Appear To Accelerate

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.

DEALS | Brookfield, Fifth Wall bet big on e-retail for construction

Backed by one of the world’s largest asset managers, Material Bank wants to reinvent real estate supply chains by aggregating hundreds of thousands of design and construction materials. …

Apartment dwellers face hurdles in the race to install EV chargers

After Jules Stewart ordered an electric vehicle, her next move was to ask the property manager of her northern Sydney apartment building about installing a powerpoint in the garage.

Softbank Funds Post $27 Billion Loss

The news has gone from bad to worse for SoftBank.

The Japanese conglomerate said on Thursday that it had lost about $27 billion in its two Vision Funds for the year that ended in March, as many of the major tech companies it invests in have struggled under rising inflation, concerns about Covid lockdowns in China and broad weakness in global equity markets.

IKEA-backed NORNORM launches its subscription-based furnishing service in Germany: Know more here

Copenhagen-based NORNORM, a subscription-based furnishing service offering workspace solutions through circular renting models, announced on Wednesday that it is expanding its business to the German market.  

AnthemIQ Partners with CompStak to Empower Brokers with CRE Data

AnthemIQ, the leading transaction management software for tenant rep brokers, announced a partnership with CompStak, the nationwide commercial real estate data and analytics platform. With this partnership, tenant reps using AnthemIQ will be able to easily access CompStak data related to listings on the AnthemIQ platform.

Livly to Accept Cryptocurrency for Apartment Rent Payments

Livly, the nation’s leading enterprise-grade resident experience platform for apartment communities and early Web3 adopter, announced today that it plans to enable apartment renters to pay their monthly rent using cryptocurrency. The development of this strategic new capability would make the Livly Resident Mobile App the first in the multifamily industry to accept cryptocurrency as a rent payment option.

BlackRock Raises Over $800 Million for Impact Fund Investing in US Communities of Color

Investment giant BlackRock announced today it has raised over $800 million for the BlackRock Impact Opportunities Fund, which invests in businesses and projects owned, led by, or serving people of color, with a focus on Black, Latinx and Native American communities in the U.S. BlackRock stated that it targeting $1 billion for the fund.

CREtech VIDEO | Germany’s market-leading real estate software hits the UK market

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.

Habi Raises $200 Million Series C Led by Homebrew and SoftBank to Become First PropTech Unicorn in Spanish-Speaking Latin America

Habi (“Habi” or “the Company”), the data-driven residential real estate platform, today announced that it has raised $200 million in equity in its Series C funding round, becoming the first Property Technology (“PropTech”) unicorn in Spanish-speaking Latin America. The Company’s Series C also represents the largest funding round and only unicorn valuation with a female founder & CEO in Latin America1,2. The latest funding round was led by Homebrew and SoftBank Latin America Funds, with parti…