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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  • WeWork expands hour-at-a-time office bookings

    Axios

    WeWork’s OnDemand product that lets anyone book office space for an hour at a time is going international, expanding from the U.S. to the United Kingdom, Ireland, Singapore and Australia. The big picture: The pandemic has given rise to a remote and hybrid work revolution, but that doesn’t always mean working from home. WeWork is betting that “third workplaces” — like its offices around the world — will become hotspots for teleworkers. The backdrop: The rise of telework initially seemed dis…

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  • HAMMERBROOKLYN. DIGITAL PAVILLON BECOMES FIRST TO RECEIVE PLATINUM SMART BUILDING CERTIFICATION IN GERMANY

    Smart Building Certification

    Smart Building Certification is proud to award Art-Invest Real Estate, the real estate developer of Hammerbrooklyn. Digital Pavillon, a Platinum Smart Building Certification. The 7,300 sq meter innovation hub and office building, which was delivered to community space Factory in mid 2021, is the first building in Germany to achieve the certification. “What Art-Invest Real Estate has created with their Hammerbrooklyn. Digital Pavillon is an outstanding building, setting new standards for susta…

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  • London Borough creates digital twin with new street imagery

    Smart Cities World

    The new imagery and associated lidar data provides a full 3D digital representation of the environment and can be viewed simultaneously alongside other geospatial data.

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  • Bungalow Valuation Soars Over $600 Million as Deer Park Invests

    Bloomberg

    Bungalow, an online marketplace for residential real estate, has more than tripled its valuation to over $600 million after raising $75 million in equity funding.

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  • Plentific cements $100M to expand its property management SaaS

    TechCrunch

    London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm of the eponymous real estate giant — along with Mubadala Investment Company and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global….

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  • Kapacity.io is using AI to drive energy and emissions savings for real estate

    TechCrunch

    Y Combinator-backed Kapacity.io is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. It does this by providing incentives to building owners/occupiers to shift to clean energy usage through a machine learning-powered software automation layer….

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  • Applying IoT and Reducing Friction in the Workplace, Part 1

    CREtech

    IBM’s Michael Domitrovits discusses the types of technology solutions he deems most valuable, from software that combines lease and space data, to sensors that collect data on human behavior.

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  • Proptech Platform Dottid Aims at VTS With New Interface: Exclusive

    Commercial Observer

    In a bid to challenge proptech powerhouse VTS, Dottid, a commercial real estate SaaS technology platform for asset management and leasing transactions, has launched a new user interface and user experience (UI/UX) aimed at streamlining access to the startup’s services.

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  • A Startup Is Turning Houses Into Corporations, And The Neighbors Are Fighting Back

    NPR

    On a sleepy cul-de-sac amid the bucolic vineyards and grassy hills of California’s Sonoma Valley, a $4 million house has become the epicenter of a summer-long spat between angry neighbors and a new venture capital-backed startup buying up homes around the nation. The company is called Pacaso. It says it’s the fastest company in American history to achieve the “unicorn” status of a billion-dollar valuation — but its quarrels in wine country, one of the first regions where it’s begun operations, f…

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  • Goldman Sachs Swarms to Real Estate Sustainability With Beehive Program

    Commercial Observer

    Goldman Sachs Asset Management is buzzing with excitement about the benefits of delivering beehives to its real estate assets. Alvéole, an organization that brings bees to buildings to help businesses improve engagement and sustainability goals, is partnering for the first time with the institutional real estate investor at more than 30 Goldman Sachs locations in major markets with eyes on future expansion as a standard offering. The initial launch at Goldman Sachs buildings in the New Yo…

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