Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Commercial real estate broker and developer Jay Gaudet’s biggest recent career breakthrough came from watching his daughter play Roblox. When she asked him for money to buy a virtual house on the popular global gaming platform earlier this year, it sent him down a research rabbit hole.
Placetech
Propster, the digital customer platform that enables buyers and tenants to view and choose fit-out options virtually, has announced a key partnership with specialist furnishing services provider David Phillips.
CREtech
James Shannon, Chief Product & Technology Officer of essensys, discusses how the needs have changed for occupiers of flexible workspace, and what types of portfolio-wide technology landlords should consider in order to stay competitive.
Crunchbase News
Last year broke real estate tech records with nearly $21 billion in global proptech venture capital investments as technology innovations continued to disrupt conventional real estate asset classes. This is only the start: Proptech represents a fraction of the United States’ multitrillion-dollar real estate industry and the built world is poised for tremendous transformation throughout the decade.
VentureBeat
Construction, particularly commercial construction, is expensive and time-consuming. In the U.S., the average commercial construction cost is around $490 per square foot, and most commercial buildings larger than 10,000 square feet take at least four months to build. As a 2020 survey from Levelset and Fieldwire shows, the process is rarely simple — fewer than 30% of contractors finish large projects on time and within budget. Errors are a significant contributor to overrun, with some sources est…
Placetech
Completing one of the largest funding rounds in Austrian history, digital construction management startup PlanRadar has set its sights on the US, Asia and Australia.
Michael Beckerman
San Diego. London. New York. Those are all of the places CREtech will be heading to in 2022 with our live, in-person events. But Copenhagen? “Huh??” you might ask, and for good reason! Well, as some of you may know, I have made the decarbonizing of the built world my personal mission. The real estate industry is the only business sector I know having spent 35 years in it in various capacities. But it’s also an industry that now is facing the single greatest crisis of my lifetime…the climate cris…
CREtech
New York, NY (January 27, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced a new construction panel and its speakers for CREtech’s debut West Coast conference in 2022, CREtech San Diego, taking place in-person on March 22-23. The session, ‘Productivity & Profitability: How ConTech Leads to Better Outcomes for GCs, Owners, & Beyond’ will take place on Day 2 of the conference on the Main Stage…
Axios
Now coming to a dorm room near you: Bagels, tacos, and of course, those ubiquitous food “bowls.” (Does anyone under 40 eat anything that doesn’t come in a jar or a bowl these days, Jennifer asks rhetorically?) Driving the news: Starship Technologies, which makes the “coolers on wheels” that you see above, just introduced robot delivery service for students at Southern Methodist University in Dallas.
Bisnow
The explosion in lab construction — with 21M SF of speculative development in the works nationwide, per CBRE — has come just as municipalities across the country, seeking to slash carbon emissions, have considered or passed bills limiting energy usage in large commercial structures.
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