PropertyGuru raises S$300m from TPG, KKR to boost growth, Garage

US private equity giants TPG Capital and KKR, as PropertyGuru’s largest shareholders, have pumped an additional S$300 million into the South-east Asia-focused property technology firm. The fresh injection, raised from two recent rounds of new funding, will accelerate PropertyGuru’s growth strategy across its key markets, said the Singapore-based startup, which pulled the plug on a A$380.2 million (S$380.5 million) initial public offering (IPO) less than a year ago.

Virtual Tours Are Here to Stay. This Is How to Do Them Right.

In-person showings are once again allowed in New York City, after a months long ban brought on by the coronavirus, but they’re harder to schedule, more difficult…

Office Safety Guide presented by Openpath

As states and cities begin to lift lockdown restrictions on stay-at-home orders and social distancing measures, it’s vital for companies to implement new strategies and safety precautions before returning to work. According to the CDC, “current evidence suggests that novel coronavirus may remain viable for hours to days on surfaces,” which means sanitation and hands-free technology will play a key role in COVID-19 reopening workplace strategies. Similar to past influenza pandemic guidelines, OSH…

The Future of the Real Estate Industry Looks Like….

During our recent record-setting Reimagining Real Estate Virtual Conference we polled our audience of several thousand attendees to gain some critical insights regarding the current state of our industry and the burning questions we’re all asking ourselves. Continue reading to learn about what the CREtech Community thinks about where the real estate industry is today and what the future looks like. RELEVANT SESSIONS Addressing Change: Legal & General’s Approach   R…

High-Tech Greenhouses Could Be The Future Of Agriculture

In a small town in Eastern Kentucky, the future of agriculture is growing. A 2.76 million-square-foot facility is being created on 60 acres of land which will utilize environmentally-friendly techniques to help feed a nation with an aging farmer population, declining farmland and a changing climate. The region which was previously known for its booming coal-mining industry that brought power to the nation, is now helping to shape history once again.

The Post-Covid, Tech-Enabled Office In 2 Graphics

Outbreak prevention, worker safety, and employees’ peace of mind will be top concerns for businesses around the world as they begin to reopen their office doors in the wake of the Covid-19 pandemic. A host of technologies are emerging to help address these concerns, in turn shaping the future of the office space.

Sam Zell: CEOs can help cities recover by returning to offices, not ‘hiding out in the Hamptons’

Billionaire investor Sam Zell told CNBC on Wednesday that corporate leaders have a role to play in helping U.S. cities stave off a serious economic decline in the wake of the coronavirus pandemic and a summer of social unrest.

Apple buys a VR company that put real faces on virtual avatars

Cosmose, a platform that analyzes foot traffic in physical stores, gets $15 million Series A

Cosmose tracks foot traffic in brick-and-mortar stores to help predict customer behavior, providing data that is increasingly important as companies try to weather COVID-19’s economic impact. Today the startup announced it has raised a $15 million Series A. The round was by Tiga Investments, with participation from returning investors OTB Ventures and TDJ Pitango, who co-led Cosmose’s seed round last year….

Dumb Buildings are the Real Losers in a post-COVID World

COVID-19 is one of the most disruptive events human society has experienced in the last 75 years. Beyond the struggles of 2020, this harsh reminder of the biological threats we face will go on to reshape the way we live for years to come. At the center of this debate is commercial real estate (CRE) — the indoor environments where people of different households gather — where 50% to 100% drops in occupancy levels have been common for months. CRE must now adapt to a post-COVID world that will crea…