Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
INC42
New Delhi-based student accommodation platform Stanza Living has raised $10 Mn (INR 73 Cr) in a funding round led by Sequoia Capital with participation from existing investors — investment firms Matrix Partners and the California-headquartered Accel Partners. Stanza Living will leverage the funding to expand to multiple markets and strengthen its core leadership team while onboarding specialised talent across functions.
BISNOW
When Kim Butler looks outside HALL Park on a fall day, she sees people running, biking and walking on the development’s 3 miles of trails, even holding meetings along the paths or at outdoor spaces that include WiFi connectivity. The Frisco office park dedicated a third of its 162 acres to green space when it was developed. Commercial real estate development connectivity can mean different things to different people, but it generally includes a digital infrastructure such as wired connecti…
BISNOW
Industrial vacancies in the U.S. are down and demand is up, causing developers in this formerly sleepy asset class to make technology improvements and literally raise the roof in some U.S. markets to accommodate a growing roster of potential tenants.
BISNOW
Between WeWork becoming the largest private office tenant in Manhattan, D.C. and London, Knotel’s leasing binge this year and Convene’s foray into designing and building flexible workspaces for landlords, you would be forgiven for thinking the coworking landscape is close to capacity. Not so, says Spaces co-founder and CEO Martijn Roordink. He founded his flexible workspace company in Amsterdam in 2008 and sold it to Dutch giant Regus — which has since changed its name to IWG — in 2014. In re…
CREtech
Aquicore takes top honor in 2018 IoT Innovator Awardsthat recognize the best-of-the-best IoT businesses and products worldwide WASHINGTON– October 2, 2018 – Aquicore, the leading IoT-driven asset operations platform for commercial real estate (CRE), announced today that IoT Innovator– a news organization dedicated to examining the Internet of Things (IoT) market and offering breaking news and incisive features about the most revolutionary internet phenomenon of our time – has named Aquicore a…
WEWORK
There’s one question I hear every day from Fortune 500 leaders: How do you create the right environment for today’s employees who are more mobile and more flexible, and want to work somewhere that allows them to thrive personally and professionally?
GLOBEST
CHICAGO—Need an item from a shelf that’s 40 feet above the warehouse floor? Just ask a picking robot in whatever language you want. Multilingual voice controls, the Internet of Things and emerging technologies are adding new efficiencies to the modern warehouse in a climate of rising costs, according to a new JLL report….
VENTUREBEAT
One of the issues time-pressured travelers face is not knowing where their bus or train actually is while they are waiting, despite what the timetable may say. Many cities already make public transport data available to developers, meaning you can access myriad third-party apps to see where your bus or train is in relation to its scheduled arrival. Moving forward, however, Google Maps itself will now show where your chosen mode of transport is in relation to you — allowing you to see whether you…
THE REAL DEAL
With companies like WeWork, Knotel and Spaces gobbling up real estate to feed their voracious expansion plans, co-working and flexible-space tenants have tripled their share of Manhattan’s office-leasing activity over the past year. Co-working tenants inked 12 percent of the nearly 25 million square feet worth of leases signed in Manhattan through the first three quarters of the year, according to Avison Young. That’s up from 4 percent during the same time period last year.
BISNOW
Blockchain technology holds the potential to change how builders hire and pay subcontractors and suppliers, but the how of the technology is less important than why it is needed in the industry, says the founder of BuilderChain, a company setting out to drive some of that change.
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