Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
YouTube
Speaking on Ian King Live on Sky News, Gregory Dewerpe, founder of Europe’s largest proptech VC A/O PropTech, makes the case for why VCs – and particularly those focused on sustainable technology – have a major role to play in decarbonising the built world, which is both the largest and most polluting asset class, responsible for 40% of global emissions.
AIThority
Concrete-AI announced it has raised $2 million in a seed financing round with participation by the Grantham Foundation for the Protection of the Environment, a prominent family office and other marquee investors. This financing will accelerate the rollout of Concrete-AI’s pioneering data science platform that uses artificial intelligence (AI) and machine learning (ML) to optimize supply chains and materials selection to bring new efficiencies to the design, proportioning and production of concre…
Real Estate Business Analytics
Real Estate Business Analytics (REBA), a data analytics software company on a mission to change how the rental housing industry uses data, released a white paper entitled “What Good Rental Housing BI Looks Like,” describing what’s wrong with most BI today and the key elements to look for when evaluating a platform for rental housing businesses. The demand for good business intelligence solutions is growing exponentially and technology has rocketed the industry into an environment where i…
EDGE
EDGE announces a joint venture with the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs). The joint venture between sustainable real estate developer EDGE and Goldman Sachs aims to deliver the blueprint for sustainable new office development in London to be known as “EDGE London Bridge”. Although this development will be the first UK joint venture for EDGE and Goldman Sachs, both firms have successfully worked together in the Netherlands on a number of projects since 20…
Bisnow
Buildings with strong green certification command higher rents and sales values, while other buildings are falling in value, according to growing evidence that cutting building carbon emissions makes financial sense. While investors initially doubted the value of certifications like LEED and BREEAM, green certifications result in a rent premium of 6% and a sales premium of 8%, JLL says in a new report on sustainability and the growing value of green. …
Proptech for Good
2021 was not a juicy Disney movie and people are increasingly making the choice between the red or the blue pill. By 2021, we have all begun to look for a new balance. What that looks like differs from person to person. For resulted in a year, I spent mostly online which makes me aware that our world is more connected than ever. This connectedness is reshaping the built environment. In addition, I experienced 2021 as organized turmoil. A year where the system is propped up and was afraid to drop…
Crain’s New York
In apartment buildings across the country, intercoms are being replaced by video systems allowing entry to visitors, couriers and dog walkers.
Prospect Now
Buildout, the developer of the premier commercial real estate (CRE) dealmaking platform used by over one-third of brokers, today announced that they acquired ProspectNow, a premier provider of AI-powered real estate property and owner intelligence. As part of this acquisition, Buildout will integrate ProspectNow with its solutions.
Yahoo Finance
Curbio, Inc., the leading pay-at-closing home improvement solution for real estate agents, brokerages and home sellers, today announced a $65M Series B funding round to support continued growth in the untapped market for fix first, pay-at-closing home improvement. Curbio has now raised a total of $93M since its founding in late 2017. Curbio is the first tech-enabled home improvement solution designed specifically to get homes on the market fast and sold for top dollar with no payment due until t…
Commercial Observer
Money can’t buy happiness, but raising a $52 million growth round gave the CEO and founder of proptech company HappyCo at least one idea what to do with the funds. “The main reason [for the raise] is because I wanted to buy a new Lamborghini and Ferrari,” said HappyCo Founder and CEO Jindou Lee, immediately adding that he was joking.
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