WeWork for the hybrid era
Axios
WeWork is doubling down on the hybrid workplace: Its newest product, Workplace by WeWork, is a piece of software that lets companies manage their workplaces online, Erica Pandey writes.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Family Office Investment in Proptech Is Growing Under the Radar
Commercial Observer
In the last couple of years, proptech startups have become increasingly attractive investments for many investors in and out of the real estate industry. As part of that interest, a number of family office investors focused on early-stage proptech companies have become increasingly prominent on capitalization tables, according to venture capitalists and founders in the sector.
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PearlX has a plan to bring solar and batteries to apartment buildings
Canary Media
Multifamily housing has lagged far behind single-family homes in adopting solar panels and batteries. But Michael Huerta, CEO of PearlX, believes his company has found a way to crack the market, starting in Texas.
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Corporate America is coming around to remote work. But more big changes lie ahead.
Washington Post
Nearly two years after millions of Americans became abruptly acquainted with Zoom, questions about what the post-pandemic office will look like can be answered with a quick look around: It’s already here.
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Crosstree Buys Into Dark Kitchen Sector With £100M Backing
Bisnow
London-focused private equity investor Crosstree Real Estate has bought into dark kitchen operator Karma Kitchen, as it looks to profit from the rise of food delivery and the growing value of urban logistics assets. Crosstree has taken a minority stake in Karma Kitchen, React News reported, and will back the company with around £100M to buy sites for dark kitchens, primarily in London, but also in other major UK cities. …
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Blackstone to Spend $1 Billion Offering Tenants Reduced Rents
Bloomberg
Blackstone Inc. plans to spend $1 billion to acquire rental houses and lease them out at below-market rates, billing the program as a private-sector answer to soaring housing costs.
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WeWork Signs First Enterprise Client For Its Management Platform
All Work
WeWork has signed women’s healthcare company Organon as its first enterprise client for Workplace by WeWork, the coworking firm’s software management tool.
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A/O PropTech’s Gregory Dewerpe speaks to Ian King about decarbonising real estate with technology
YouTube
Speaking on Ian King Live on Sky News, Gregory Dewerpe, founder of Europe’s largest proptech VC A/O PropTech, makes the case for why VCs – and particularly those focused on sustainable technology – have a major role to play in decarbonising the built world, which is both the largest and most polluting asset class, responsible for 40% of global emissions.
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Concrete-AI Raises $2 Million to Commercialize Data Science Platform that Reduces the Cost and Embodied Carbon Footprint of Concrete
AIThority
Concrete-AI announced it has raised $2 million in a seed financing round with participation by the Grantham Foundation for the Protection of the Environment, a prominent family office and other marquee investors. This financing will accelerate the rollout of Concrete-AI’s pioneering data science platform that uses artificial intelligence (AI) and machine learning (ML) to optimize supply chains and materials selection to bring new efficiencies to the design, proportioning and production of concre…
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What Good Rental Housing BI Looks Like
Real Estate Business Analytics
Real Estate Business Analytics (REBA), a data analytics software company on a mission to change how the rental housing industry uses data, released a white paper entitled “What Good Rental Housing BI Looks Like,” describing what’s wrong with most BI today and the key elements to look for when evaluating a platform for rental housing businesses. The demand for good business intelligence solutions is growing exponentially and technology has rocketed the industry into an environment where i…
