Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
ESG Today
A new research report released today by Deloitte highlights the stark economic differences between taking a coordinated global approach to climate action and failure to act, with inaction on climate change poised to lead to as much as $178 trillion in GDP destruction over the next 50 years, while achieving global climate goals could result in $43 trillion of economic benefit over the same period.
EGi
The trick to getting an industry like real estate to address climate change is to make it easy. So said NREP and sustainable urbanism VC 2150 founder Mikkel Bülow-Lehnsby at CREtech Climate in Copenhagen this week. Speaking to a room of key players from across the world on how the
PlaceTech
How do you start figuring out what tech your offices, shops or warehouses need when there are thousands of startups in the industry? PlaceTech speaks to JLL Spark’s Raj Singh for his advice on getting it right. Although there are significant benefits to adopting tech – whether in cutting emissions or making spaces more valuable to prospective tenants – Singh, managing partner at JLL’s VC arm, starts with a warning.
TechCrunch
Roofstock co-founder and chairman Gregor Watson and real estate investor Rob Bloemker started the venture firm in 2021, and had their first close last year. The pair say the fund was “oversubscribed.” For the unacquainted, Roofstock is an online marketplace for investing in leased single-family rental homes that in March raised $240 million at a $1.9 billion valuation. …
Bisnow
WeWork is the lead investor behind a new $30M funding round for a flexible workspace tech startup it began partnering with earlier this year. Upflex also received funding from Newmark, Cushman & Wakefield and others as part of the Series A round, it announced Wednesday.
TheRealDeal
In most real estate rooms, Tishman Speyer is the 800-pound-gorilla. But Rob Speyer wants it to be the most nimble gorilla, one that can constantly reposition its 90 million-square-foot portfolio in response to the trends driving the world today.
GlobeSt
Last fall, LEX Markets launched an IPO for a partial share of a retail-and-office property in New York City that was open to investors with a minimum of $250 to put in. After similar “multiple successful IPOs,” the company is taking a Seattle building public, according to a company press release.
Bisnow
The A&D industry has used 3D renderings as a visualization tool for years, but VR and AR take the experience one step further by allowing clients to interact with their space without ever entering the building. Supporters of the technology say this saves time and money by eliminating confusion about how a final design will look. …
EGi
If the headline of this piece caught your attention, chances are it is because it taps into a business-orientated approach to tackling climate change. An approach to which the real estate sector responds particularly well. The message, loud and clear, at the CREtech climate global leadership summit in Copenhagen last
PlaceTech
As ESG regulations tighten worldwide, CREtech Climate shed light on some of the acronyms real estate must understand – and act on. In a presentation at the Copenhagen conference, Roxana Isaiu, chief product officer at GRESB, defined three crucial initiatives and regulatory frameworks that could determine the financial and operational risks real estate faces in its path to net zero.
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