Latest Trends and Insights in Real Estate Technology

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  • L.A., London Team Up On Transportation Innovation

    LAMAYOR

    Mayor Eric Garcetti and London Mayor Sadiq Khan today announced a historic agreement to make London and Los Angeles ‘Innovator Cities’ — enabling greater collaboration to take on critical transportation issues confronting cities around the world. “Los Angeles is ready to test-drive new ideas, inventions, and innovations on our streets right now,” said Mayor Garcetti. “Our partnership with London is about putting the best concepts in the world onto our local roads and railways, taking steps toget…

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  • CBRE Brings First Hana Coworking Space To New York City

    BISNOW

    CBRE’s coworking arm Hana has selected 3 World Trade Center for its first New York City location, taking two floors in the 1,079-foot-tall building. The deal with Hana, which opened its first location last year in Dallas, is a revenue-sharing arrangement with landlord Silverstein Properties, rather than a traditional lease. Hana, will manage 85K SF at the 2.5M SF office building, Crain’s New York Business reports. Of that space, 5K SF will be used for the group’s headquarters, even though its pa…

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  • Zillow is officially a New York brokerage. But listing platform says it’s not what you think

    THEREALDEAL

    Zillow Group is now a licensed corporate broker in New York. It’s part of a national growth strategy in which Zillow is getting itself licensed from coast to coast.“As we work to redefine how real estate is done, and create product improvements for consumers, brokers and agents on our platforms, we will be performing activity for which many states require a license,” said Viet Shelton, a spokesperson for Zillow, in a statement.

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  • FUTURE PropTech To Explore Build To Rent On Residential Sector Stage

    CRETECH

    FUTURE PropTech, part of the World’s number one real estate technology event series, will be showcasing a panel on Build to Rent for the upcoming 2020 event taking place in London on 13&14 May. The Build to rent sector has grown by 15% in the past year from Q4 2018 to Q4 2019amounting to over 20,000 additional Build to Rent homes*. The panel, exploring this growing sector, will be moderated by Felicite Moorman, Co-founder & CEO of the leading smart apartment IoT, STRATIS IoT. Felicite…

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  • “Smart” kitchen and delivery startup raises $60M for US expansion

    THEREALDEAL

    A startup that provides kitchen and delivery services to restaurants has raised $60 million to expand its operations in the U.S. Kitopi is among a growing suite of companies that provide “ghost kitchens” — or privately managed cooking spaces and staff — that can deliver on behalf of restaurants who are unable to keep up with the rising demands of food delivery.

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  • CREtech Releases 2019 End-Year Report on State of The Commercial Real Estate Tech Sector

    CRETECH

    New York, NY (February 6th, 2020) — CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, announced today that the 2019 CREtech End-Year Report is now available for free download. The Annual Report is considered the leading provider of research, insights and data for the commercial real estate tech sector.

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  • GM’s Cruise now has 1,800 employees working on self-driving cars, up from 1,000 in March 2019

    VENTUREBEAT

    During GM’s investor day conference in New York this morning, Dan Ammann, CEO of the automaker’s self-driving subsidiary Cruise Automation, gave a glimpse at the progress it’s made toward a fully self-driving vehicle fleet. He said that Cruise’s engineers, of which there are now 1,800 (up from 1,000 in March 2019), have over the past four years helped improve autonomous driving performance by a factor of well over 1,000. Concretely, they’ve reduced the amount of time between major software updat…

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  • CREtech Weekly PropTech Venture Capital Funding Recap

    CRETECH

    DRIVING HEADLINES This week witnessed a high volume of large deals across a variety of countries, where deals in North America dominated the headlines. The majority of this week’s capital went to companies that transform the real estate fintech, hospitality, home insurance and retail industries. Investments also focused on real estate platforms that leverage AI to resolve real estate data, and online marketplaces that ensure a seamless buying and selling experience. The largest round went to…

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  • Foxtrot picks up $17 million to reimagine the convenience store

    TECHCRUNCH

    Amidst the staggering rise of on-demand delivery services, the convenience store has been left relatively untouched. Until very recently. Foxtrot, founded in 2013, is looking to reimagine the corner convenience store, offering customers the option to buy in-store or order online for delivery. The company today announced the close of a $17 million growth round, co-led by Imaginary and Wittington Ventures, with investment from previous backers Fifth Wall, Lerer Hippeau, Revolution’s Rise of the R…

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  • Smart Cities Market to Reach Around US$ 263,495 Mn by 2026

    YAHOO FINANCE

    Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Smart Cities Market (Application: Governance, Building, Environmental Solution, Utilities, Transportation, and Healthcare) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”….

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