Latest Trends and Insights in Real Estate Technology

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  • Fangdd, a Proptech Company, Launches Parking Space Sales

    CAPITALWATCH

    Real estate marketplace Fangdd Network Group Ltd. (Nasdaq: DUO) has expanded into selling parking spaces. The Shenzhen-based company said in a statement on Tuesday that, together with Shenzhen Jinyiyun Supply Chain Technology Co. Ltd., it has already facilitated a number of sales in the new business. Jinyiyun applies blockchain technology on its platform, it said. “Our cooperation with Shenzhen Jinyiyun will create the first generation of standardized parking space transaction products,” Yi Duan…

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  • Seven Proptech VCs Reflect On 2019​

    FORBES

    At the end of December each year I want to reflect on the past 12 months of my life, and dream of what the next 12 might look like. In this column we do the same for the proptech market, with the help of investors from around the world. So, for the second year running, I am closing out the old year, and kicking off the new, with a review of 2019 and new year predictions for 2020. Today’s column will focus on 2019; look out for the predictions piece in the first few days of the new year.

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  • Towards the smart cities of 2025

    SMARTCITIESWORLD

    The drive for smarter cities is growing exponentially as municipalities tackle critical challenges in areas such as public and environmental health, safety and security, mobility and more. We are already seeing the IoT revolution delivering on its promise, with solutions being deployed for waste management, air quality improvement, gunshot detection, asset tracking, fleet management, flood detection, parking management and more. There are even niche deployments such as the monitoring of ultravio…

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  • Managing the Growing Number of Proptech Applications

    GLOBEST

    While intrigued by proptech, many commercial real estate executives lament that there are just too many options on the market from which to choose. And even if they find a product to invest in, they wonder how long it will be functional before it is obsolete. Christopher Yip, the new partner and managing director of RET Ventures, hears these concerns. “There often are six or seven or eight players providing the same tech solution,” Yip says. “Recently, we were talking to one of our LPs [limited …

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  • Investors Step Up Scrutiny of Flex Office Space

    GLOBEST

    JLL research predicts that 30% of the US office market will comprise flexible space by 2030. One of the drivers behind this growth, ironically, is the uncertainty in the economy. “It’s not just a reflection of current circumstances, such as the ongoing trade war or Brexit, but the rapid shifts in business that make it hard for companies to know what they are going to look like from year to year, never mind in three-, five- or 10-years’ time,” according to Ben Munn, global head of flexible space …

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  • What Happens When Proptech Helps Renovate Office Space

    GLOBEST

    Increasingly startup proptech companies are implementing revenue-sharing agreements with a landlord in lieu of rent by building out amenities that tenants want in the building. The end result is a revamped building designed to meet the current demand for such services that cost the landlord relatively little. Indeed, landlords benefit doubly for these deals, says Jahn Brodwin, senior managing director of FTI Consulting. They are able to offer new amenities that they didn’t pay to create that app…

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  • Imagine ‘virtual changing rooms’ — ex-Walmart US chief on how tech can shape retail in the 2020s

    CNBC

    The impact of technology on brick-and-mortar retail is just getting started as the 2020s arrive, former Walmart U.S. President and CEO Bill Simon said Tuesday. And it may mean that by the end of the decade the days of carrying a pile of clothes into a dressing room are gone. “Could we have virtual changing rooms so that you can just scan an item in a store with your phone and try it on yourself without actually having to go try it on?” Simon said on “Squawk on the Street.” “There’s just amazing …

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  • Inside WeWork Co-CEOs Artie Minson, Sebastian Cunningham Exit Package

    THEREALDEAL

    It may not be $1.7 billion, but it’s still a pretty penny. WeWork’s co-CEOs Artie Minson and Sebastian Cunningham will get about $17 million in exit packages if they are fired or leave WeWork, according to the Financial Times. They would each receive $8.3 million. Jennifer Berrent, the company’s chief legal officer, would get $1.5 million if she is fired or leaves, and she would not have to pay back $12 million in retention bonuses. Shareholders received the terms of exit packages ahead of a $3 …

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  • Retailers Cannot Venture On Without Data Insights

    GLOBEST

    Data has become more important than ever for retail investors trying to compete and remain relevant amid changing consumer demands for brick and mortar and e-commerce shopping platforms, Meghann Martindale, CBRE’s global head of retail research, tells GlobeSt.com. The commercial real estate services firm is actively bulking up its retail research to provide information to its brokers and clients about trade areas, asset types, and market exposure to optimize their position and operations in the …

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  • 5 Ways Multifamily Design Will Have to Change

    MULTIHOUSINGNEWS

    On the horizon is a massive wave of demand for apartments that stretches well into the future. In fact, the industry will have to build at least 328,000 new apartments each year just to keep up with demand for apartment living, according to recent research. However, anything being designed today won’t see its first resident for a couple of years—or more, depending on how knotted the process is where you’re building. At the same time, there are revolutions already well underway in everything from…

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