Two year warning: No net zero plan? No funding
EGI
Companies without plans in place to make their assets net zero carbon could struggle to secure debt against them within as little as two years.
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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CREtech New York Sessions Now Available to Stream on CREtech+
CREtech
CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, returned to New York on October 13th and 14th for the most influential commercial real estate tech conference of 2021. The two-day conference was held at Pier 36 and featured keynote presentations, panel discussions and demos from today’s leaders in real estate, technology, venture capital and finance, the event was a rousing success. Over 1800 individuals registered to a…
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A Passion for Investing in Mobile Home Parks Turned into a Leader in Proptech
CREtech+
Through a mix of storytelling and practical advice, attendees will: Gain insight into one of real estate’s hottest trends, Learn how to leverage data for better investment decisions, Find out what elements to look for when evaluating a software solution to manage deal flow
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NOW LIVE! The PropTech Landscape: The Future of Investments and Growth In Real Estate
CREtech+
With over 8,000 PropTech companies globally and over $9.7 billion of funding activity in the first half of 2021, the real estate industry is ripe for growth and transformation through technology. The market shows signs of maturation as funding begins to shift toward established players and increasing consolidation drives the emergence of industry leaders. In this session, Raj Singh, Managing Partner of JLL Spark, and Sharad Rastogi, President of JLL Technologies, will discuss the current PropT…
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With Drones, CRE Property Tours Join the ‘Entertainment Age’
GlobeSt
Commercial real estate property tours have joined the “entertainment age” as more and more companies are shooting breath-taking drone videos to create a “wow” factor when promoting their space. “We don’t live in the information age any more, we live in the entertainment age,” Brad Smith, Associate Director, Investment Sales, Walker & Dunlop, tells GlobeSt.
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Industrious hires ex-WeWork exec as chief growth officer
The Real Deal
Industrious has hired former WeWork executive Craig Robinson as its chief growth officer, the flex-office provider told The Real Deal. Robinson’s hiring comes about two months after the flex-office startup hired a new chief operating officer, whose responsibilities include preparing the company for its expected initial public offering.
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Korean autonomous driving startup 42dot bags $88.5M Series A to accelerate its growth
TechCrunch
42dot, a South Korea-based autonomous transportation-as-a-service (TaaS) startup, announced today it has raised $88.5 million (104 billion WON) in a Series A round of funding to advance its urban mobility operating system (UMOS). The Series A brings the startup’s total raised so far to $130.1 million. The company valuation is now estimated at $425 million (500 billion WON), a source familiar with the matter said. A spokesperson at 42dot declined to comment on the valuation. …
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AI technology modernizes warehouse management
VentureBeat
Like all other elements in the enterprise, the warehouse management stack is becoming increasingly automated and more intelligent by the day. Despite this, the technology is not only focused on the warehouse floor and the needs of an expanding robotics workforce.
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VC Funding For Cybersecurity Companies In Israel On Pace To Nearly Double This Year
Crunchbase News
With cybersecurity investment spiking to never before seen levels, it is easy to become singularly focused on the large amounts of money U.S.-based companies are seeing.
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Zillow stock dives ahead of earnings; analyst report says 66% of homes it bought are now ‘underwater’
Geekwire
A day ahead of its third quarter earnings report, Zillow Group’s stock took a hit on Wall Street as a new analyst report highlighted how many homes purchased by the company are now underwater. Class A shares of Zillow Group stock were down 8.6% on Monday to close at $96.62. The latest dive comes two weeks after the Seattle-based real estate company announced that it would not sign any new contracts to buy homes via its home-buying and selling service Zillow Offers. The company blamed a “ba…
