Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Smart Cities World
It is one of two pilot projects, funded by Innovate UK, that will see sensors installed in access points to parks and recreational grounds as well as at a disused building for safety purposes.
TechCrunch
Not every country has a Multiple Listing Service to aid in buying and selling a home. This often makes the process complicated as buyers weed through fake and duplicate listings and little pricing data, unlike in the United States.
The Real Deal
Rental property management software is a crowded field in proptech, but a Miami-based startup says it has developed a better, faster and cheaper offering. DoorLoop said this week it raised $10 million in seed funding with an eye toward dethroning the massive public and private companies that have dominated the field to date, including AppFolio, Yarde and RealPage.
Bisnow
Another unicorn startup backed by SoftBank Vision Fund is about to go public. Oyo Hotels plans to file for an initial public offering next week in Mumbai, the financial capital of Oyo’s home country of India, Reuters reports. The company is targeting between $1B and $1.2B in fundraising to come from the IPO, which will include both the issuance of new common stock and sales of stock from existing shareholders….
TechCrunch
Startups have spent the last decade trying to offer every variation of Airbnb that they can imagine. But Ukio thinks it has found a way through the ever-growing tangle of housing rental competitors — and regulators — right as remote work becomes the norm.
Wall Street Journal
Waiting out the pandemic in a high-rise apartment close to the center of a major international city has been a relatively calm experience for Kenny Yeo. Last year, the 32-year-old marketing director bought his first property in London’s Canary Wharf neighborhood, one of the city’s two main financial districts.
CREtech
Don Goldstein of 5Q discusses best practices for digital security, leveraging AI, and finding balance between keeping your company secure, and maintaining a functional workflow.
Bisnow
A mass return to offices has been predicted several times, but Cushman & Wakefield is giving it another try. The global commercial real estate services firm projects that the world’s office workers will return to in-person work in the first quarter of 2022 as part of the first installment of a series of reports. The prediction is based on a series of assumptions, including that the delta variant will soon peak and that vaccination rates in the U.S. and abroad will continue to rise….
Bisnow
The world’s largest flexible office firm is considering breaking itself up into different companies to create more value for its shareholders. Mark Dixon, the founder and chief executive of London-listed IWG, believes the sum of the firm’s parts is worth more than the £2.9B at which it is currently valued by the stock market, Sky News reported….
CRETech
New York, NY (September 28, 2021) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced new sessions and speakers confirmed for their flagship conference, CREtech New York. The 2021 conference will feature two stages full of cutting-edge content, a packed expo hall featuring real estate technology providers and CREtech’s renowned Tech Connect Lounge which will host 1:1 meetings scheduled through the official e…
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