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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  • PropTech – the future of real estate

    LEWISSILKIN

    Traditionally real estate has been a bit of a dinosaur when keeping up with progressions in technology. ‘PropTech’ has however more than quadrupled in the last 5 years. But what exactly is it?  Alex Edds, director of innovation, at JLL UK describes it as “On the face of it, proptech is the digitalisation of real estate, but beneath the surface there is so much more to it than that. At its core, proptech addresses fundamental questions of how we experience and extract value from real estate.” Acc…

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  • VC firms offer group therapy for founders due to the COVID-19 outbreak

    TECHCRUNCH

    Founders face many trials and tribulations when building their companies, from fundraising woes to visa challenges to product failures to company failures. And according to Kari Sulenes, “almost everybody who has built a company has a burnout story.” Her startup, Atlas, connects venture firms and startup founders to specialized therapy sessions. Plus, it views the silver linings of burnout stories: “There’s also a large number of people who have a burnout story who have an impact story that com…

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  • A coronavirus survival strategy for your startup

    VENTUREBEAT

    Social isolation and a declared national emergency have had an immediate impact on industries that cluster people; conferences, trade shows, airlines/cruise ships and all types of travel, the hospitality industry, sporting events, theater and movies, restaurants and schools. Large companies are telling employees to work at home.

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  • Realogy is latest iBuyer to suspend cash offers

    THEREALDEAL

    Realogy is the latest iBuyer to stop making cash offers for houses amid the market turmoil sparked by the coronavirus pandemic. In a statement, the brokerage holding company said its RealSure program was designed to provide sellers with “peace of mind” and a “more flexible real estate experience.”

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  • Massive Slowdown In 2020 VC Funding Hasn’t Happened … Yet

    CRUNCHBASE

    When crashes happen, inevitably the startup space gets hit, too. Funding slows, the IPO window closes and investors say no to bankrolling huge losses in the name of growth. Now that stocks are officially in bear market territory, and measures to curb coronavirus have turned the biggest tech hubs into work-from-home zones, we decided to check in to see if the downturn has yet impacted startup funding total

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  • Brookfield-backed Convene lays off fifth of its workforce

    THEREALDEAL

    Convene, the shared office-space provider that is backed by the likes of Brookfield Asset Management and RXR Realty, has laid off a fifth of its workforce, or about 150 employees, in response to the slowdown in business brought about by the coronavirus pandemic.

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  • FUTURE PropTech 2020 Rescheduled to 28 & 29 October 2020

    FUTURE PropTech

    London (20 March 2020) – Due to the global COVID-19 pandemic, FUTURE PropTech 2020, part of the World’s number one real estate technology event series, has been rescheduled to 28 & 29 October. It will continue to take place at Magazine London. “The well-being and safety of our community will always be our number one priority so postponing the event was ultimately the right decision to make,” stated Gary Chimwa, Founder & MD of FUTURE PropTech. “We believe that the new October dates wi…

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  • Remote Work: Technology Solutions to Transition

    NINEFOUR

    With the current state of worldwide health concerns due to COVID-19, many companies are leaning (or will eventually be forced) towards changing their day-to-day communication strategy by asking employees to work from home. With so many uncertainties, how will people adjust, and what companies will take charge to help with the transition from our everyday norm?

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  • When the ‘dry powder’ disappears

    TECHCRUNCH

    Venture capitalists have raised record-breaking funds in recent years, but that doesn’t always mean the money is there for them when they want it. In extreme downturns, the people and institutions that promise capital to venture capital firms, and then wire it when the VCs need it for their startups, have little choice but to answer the phone less. The alternative is to sell others of their positions — including in publicly traded stocks —  at a steep loss, and they’d really prefer not to do tha…

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  • Virus signals ‘watershed moment’ for property technology

    PLACETECH

    PlaceTech contacted companies across the proptech landscape this week to capture their thoughts on the immediate response to the outbreak, the forecast impact on tech adoption and what shape the industry will take in future as a result. Unsurprisingly proptech companies were well placed to work remotely according to the survey of companies carried out by PlaceTech.

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