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 KlickOwn Launches First Security Token Offering for Real Estate in Germany

    CROWDFUNDINSIDER

    KlickOwn has launched its first security token offering for real estate in Germany. Launched in mid-2019, the first digital security is for a building based in Lüneburg, Germany. The offering is debt-based seeking up to €1.5 million. As of today, the offering has raised over €350,000. Investors may anticipate a 5% annual rate of return on a “token-based bond.” The offering will accept as little as €10.

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  • To make locks touchless, Proxy bluetooth ID raises $42M

    TECHCRUNCH

    We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and video call set-ups. Keyless office entry startup Proxy wants to deliver all of this while keeping your phone in your pocket.

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  • RSVP for CBRE & Openpath’s upcoming call “Surviving vs. Thriving: Tips for Pivoting to a Remote Workforce in Real-Time”

    CBRE

    To join CBRE & Openpath’s upcoming call “Surviving vs. Thriving: Tips for Pivoting to a Remote Workforce in Real-Time” you must register below. Once your RSVP is confirmed, you will receive a follow-up email with the webinar login information. For questions, please contact Marie Razon: marie.razon@cbre.com | 213-613-3209. …

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  • SoftBank Backs Away From Part of Planned WeWork Bailout

    WSJ

    SoftBank Group Corp.is backing away from part of its planned bailout of WeWork, people familiar with the matter said, privately citing several regulatory investigations of the office-sharing company. A notice sent to WeWork shareholders Tuesday said that SoftBank believes regulatory probes into the startup’s business, including from the Securities and Exchange Commission and Justice Department, give it an out under the deal struck last fall to purchase $3 billion of WeWork shares from existing i…

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  • Startups Race to Shore Up Balance Sheets as Panic Spreads

    WSJ

    As the coronavirus pandemic shuts down whole sectors of the economy and cuts equity valuations by trillions of dollars, startups are racing to set up contingency plans, shore up their balance sheets with fresh funds, even appealing to customers to just keep buying. It is a sudden reversal from the decadelong bull market, when abundant capital encouraged aggressive spending to fuel growth.

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  • Nokia adds 5G to worldwide IoT network, lets carriers test new sensors

    VENTUREBEAT

    Nokia may be best known for cellular phones, but in recent years the Finnish company has focused on networking hardware — the radios and infrastructure that connect cellular devices to the internet. Today, Nokia announced that it’s augmenting its Worldwide Internet of Things Network Grid (WING) with new 5G capabilities, enabling cellular carriers to offer global-scale 5G IoT services to customers without building out their own networks.

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  • Here’s What One VC Is Warning His Portfolio Companies About As Coronavirus Spreads

    CRUNCHBASE

    Last week, Sequoia Capital distributed a memo to founders and CEOs of its portfolio companies about the worsening economic situation as coronavirus spreads, CNBC and many other media outlets reported. I’ve also seen posts all over Twitter from people cautioning about a slowdown in VC funding and reacting with concern to the tumultuous state of the public markets.

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  • Proptech startup Landis inks deal to turn renters into buyers

    THEREALDEAL

    Landis, a startup that uses technology to boost homeownership, has inked a deal with Transcendent Investment Management, a major owner of single-family rentals, to turn some of its tenants into buyers. …

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  • Investment appraisal proptech app appoints new Director

    PROPERTYFUNDSWORLD

    Zbros has more than 15 years’ experience of working in the real estate and commercial banking sectors. As COO and Director of Sales & Business Development at prop-tech start up, Propoly, he was instrumental in its success. In his new role, he will be responsible for developing Dashflow’s growing sales and revenues.

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  • A nation of remote workers could mean a boom for this Aussie start-up

    AFR

    An Australian software start-up that has created an app to let people write all over digital PDF documents is in the money, after raising $9.3 million, and believes the coronavirus crisis could earn it lots of new customers.

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