Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Departures
Paris-based studio Rescubika just released a proposal for a new building in New York City that would both make a mark architecturally and environmentally. The 2,400-foot-tall tower would actually trap carbon emissions, reducing the carbon in the atmosphere….
CREtech
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Bloomberg
Working from home, once jokingly dismissed as “shirking” from home, is back as a pandemic lifeline for economies amid a resurgence of Covid-19 cases in Europe. Governments in Britain and France, having goaded workers back to the office after lockdown, are now urging them home again. The sound of frustrated bosses gritting their teeth can be heard across the City of London, as big firms from Goldman Sachs Group Inc. to Citigroup Inc. pause the back-to-work push while keeping the office open. …
Construction Dive
The company joins an increasingly crowded field of technology firms trying to solve the seemingly simple yet intractable challenge of connecting tradespeople looking for work with construction companies who are hiring.
TechCrunch
Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executive officer Mario Suntanu told TechCrunch that the capital will be used to expand into more major cities and on developing its tech platform, including data analytics.
Crunchbase
Steve Case, the billionaire former CEO of AOL turned venture investor, has spent years working to make entrepreneurship more inclusive with his Rise of the Rest Seed Fund, which invests in startups away from the coastal tech hubs. This year, the company is focusing on Black founders with a virtual event that aims to connect investors with those underrepresented entrepreneurs….
Bloomberg
Just outside the southwestern city of Chengdu, China is building an urban paradise bigger than Houston. Visitors are greeted by a sea of manicured grass encircling a man-made lake, dotted with water lilies, that is almost the size of New York’s Central Park.
Bisnow
Friday morning, CoStar filed suit in federal court against CREXi, a Los Angeles-based company that operates an online commercial real estate marketplace, claiming “flagrant and widespread theft of CoStar’s intellectual property.”
Business Green
Retailer Best Buy, engineering company McKinstry, and technology giant Siemens are among the latest crop of organisations to join The Climate Pledge initiative, committing to become net zero emissions organisations by 2040 at the latest.
The Korea Herald
Kasa Korea, a property technology startup, said Thursday it has raised some 9.2 billion won ($7.8 million) in a pre-series B funding round. The latest funding was led by the state-run Korea Development Bank.
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