Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bloomberg
Australia has hit a notable energy milestone: one in four homes now has rooftop solar panels, more than anywhere else in the world. It also has a notable energy problem: one in four homes now has rooftop solar panels. Electricity networks require an instantaneous balance of supply and demand.
Bisnow
The construction world is incorporating more technology into projects than ever before to adapt and get jobs done during the coronavirus pandemic, but productivity has slowed and supply costs have risen, new reports released this week show.
PlaceTech
Infogrid, the two-year-old artificial intelligence technology company that automates facilities management and claims to make any building smart, has raised $15.5m Series A funding from a combination of UK and US investors. The round was led by Nordic VC, Northzone, an early stage investor in Spotify among other techs, with participation from JLL Spark, Concrete VC, The Venture Collective, Jigsaw VC, a leading global real estate investment group, and a large international asset owner.
Bloomberg
Tech stocks are soaring and high-profile initial public offerings are set to mint millionaires. Yet in San Francisco, the boom times are over. The resurgent coronavirus has thrust the tech hub back into lockdown. Offices sit empty as work-from-home policies stretch indefinitely.
Bisnow
Coworking provider Serendipity Labs is attempting to restructure itself through the Chapter 11 bankruptcy process after failing to refinance its debt, one of several midsized coworking providers facing challenges during the coronavirus pandemic.
PropTech For Good
The COVID-19 outbreak has sped up many trends and exposed things that were already under pressure. I do not rule out the possibility that, if we talk to each other in five years’ time, we will see 2020 as a trend reversal in our history. Here are the 7 trends that will change the real estate industry in 2021.
The Wall Street Journal
U.S. and other global property investors are putting billions of dollars into a significant expansion of new production studios in the U.K., where tax breaks are attracting business from movie makers and television companies. While the pandemic has upended many major commercial real-estate sectors—from hotels and retail to office towers—investing in properties related to content creation has emerged as a rare bright spot.
Fast Company
The office has been a major casualty of the pandemic, with many companies operating remotely and employees working from home. Demand for office space has plummeted since March, with companies big and small pushing back their return to the office, sometimes indefinitely.
SmartCitiesWorld
Internet of Things (IoT) data exchange company, Terbine, and Flash Labs Corporation, an affiliate of Hyundai BS&C, are partnering to bring blockchain-based security to sensor data that moves within and between smart cities. The companies claim that their two offerings will provide a new level of trust and control for cities and clients connecting infrastructure data.
Openpath
While security is a top concern for every business, there are unique challenges when it comes to protecting larger operations. For enterprise organizations that need to secure multiple offices across different sites and locations, enterprise security measures are necessary. But what is enterprise security, and how do you implement it?
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