Latest Trends and Insights in Real Estate Technology

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  • The World Gets Its First Rated Smart Building, And It’s Probably Not Where You Think

    Bisnow

    An office building in a small city in England is the first in the world to be given a rating classifying just how smart it is. The 200K SF EQ office development in Bristol, in the south west of the UK, is the first building in the world to be given a SmartScore certification by WiredScore, the building rating and certification company. The building is managed by developer and investment manager CEG and achieved a SmartScore gold rating….

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  • Uber is the latest tech company to rethink its return-to-office plans

    CNN

    San Francisco (CNN Business)Less than three months after announcing that its employees would be required to come back to the office at least three days a week, Uber is backtracking. The ride-hailing company will give its global office workers the option to apply for fully remote work or choose from a list of other offices instead of their pre-pandemic location, the company’s chief people officer, Nikki Krishnamurthy, said in a blog post Tuesday….

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  • Warehouse Operators Turn to Wearable Technology to Solve Workplace Strains

    The Wall Street Journal

    Your next load of groceries may be moved by a modern-day bionic man or woman. The U.S. supply-chain arm of supermarket-owner Koninklijke Ahold Delhaize NV is expanding its use of a newer type of wearable robotic technology that workers strap on to help ease the strain of lifting heavy boxes all day.

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  • Hybrid How-Tos: Managing An ‘Enormous, Fundamental Shift’

    Bisnow

    Technology and trust. One functional and rational, the other one of the most fundamental human emotions, something that bonds us together. Those are the two things needed to make the hybrid office work.

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  • ShipBob joins the unicorn club with $200M Series E funding

    The Real Deal

    ShipBob, a logistics company that provides shipping and delivery services for e-commerce companies, raised another $200 million in funding, taking the company to virtual unicorn status.

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  • How a SoftBank-Backed Construction Startup Burned Through $3 Billion

    The Wall Street Journal

    Venture-backed startup Katerra Inc. aimed to revolutionize the construction business by mastering every element of the trade at once. Instead, its June bankruptcy filing made clear just how difficult it is for Silicon Valley to disrupt this complex industry.

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  • Brookfield Drops $5B On Modular Workspace And Home Company

    Bisnow

    A business services division of Brookfield Asset Management has paid $5B for a company that manufactures modular workspaces and homes. Brookfield Business Partners has bought London-based Modulaire Group from fellow private equity firm TDR. The deal is expected to complete in the fourth quarter….

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  • Proptech Home365 closes $16M in funding led by Canadian fund Greensoil

    The Real Deal

    Property management firm Home365 closed a $16.3 million funding round led by Canadian magnate Alan Greenberg’s venture capital fund. The Santa Clara, California-based startup secured the funding from Greenberg’s Greensoil PropTech Ventures and from existing investors including Eyal Ofer’s O.G. Tech, Verizon Ventures, Lool Ventures and North First Ventures….

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  • Home Security Company ADT Betting on Google Partnership to Build Revenue

    The Wall Street Journal

    Security-system provider ADT Inc. is betting on its partnership with Google’s smart-home business to increase revenue as it struggles to turn a profit three years after going public. The company, best known for its home alarm systems, last summer announced the deal with Google, whose Nest business makes thermostats and smoke detectors that customers can monitor from their phones. Under the agreement, Alphabet Inc.’s Google invested $450 million in the Boca Raton, Fla.-based firm, taking a 6.6…

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  • The Co-Living Start-ups That Survived the Pandemic Are Merging — and Flourishing

    Curbed

    Since it took off about a decade ago, the co-living industry has gone to great lengths to sell an image of communal bliss: not just a sleek furnished bedroom in a hassle-free apartment share, but housing as a means to creative, social, professional, and even spiritual fulfillment. Pure House, for example, boasted of designing “experiences that empower our members to thrive.” Starcity claims to be “bringing community back to the city.”…

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