Office Archives | Page 8 of 91 | CREtech
Every time a tenant enters or exits a Rudin Management-owned property, the building notices. A sensor in a turnstile near the entrance sends a signal to the property’s operating system, dubbed Nantum. The system can sense sudden shifts in occupancy and quickly adjust its heating and air-conditioning depending on the season. Rudin launched the independent tech startup Prescriptive Data — Nantum...
ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them bookable to the public, has picked up €5 million in new funding The round is led by German-based Statkraft Ventures, with participation from existing investors. Statkraft Ventures is backed by the Statkraft Group, which claims to be Europe’s largest generator of renewable energy. Ori...
Capillary Technologies, an India-based startup that helps e-commerce businesses manage their marketing and customer engagement, has pulled in $20 million in fresh funding from existing investors Warburg Pincus and Sequoia. The company said it plans to use the capital to develop its products and R&D, including a new focus on the fast-moving consumer goods (FMCG) space where it works with brands...
The Latest and Greatest By Anca Gagiuc on Feb 22, 2018 in Technology At the beginning there were fitness wearables. They slowly transgressed into fashionable wearables and now can be seen in many industries. These days, the tiny devices, once strapped around the wrist, can be found all over one’s body, including on your fingernails. “We’re seeing lots of not obvious usage scenarios, but once...
Commercial Real Estate brokers who work in the transactional market have ten great years ahead of them. Tech is flying at the industry fast and furious, and early adopters are taking advantage of their Beta Tester status. However, those early adopters are more often than not, the letter brands, CBRE, JLL, CW, etc. Global firms whose marketing and tech dollars can be pulled from all their income st...
Over $5 billion was invested in real estate technology in 2017. The sector has strong momentum, and according to Matt Harris from Bain Capital Ventures, we are entering the third wave of real estate technology: The businesses that define the emerging third phase of real estate technology are likely to look more like the earliest technology businesses in the space- more complementary than competi...
Welcome to the world of AI. Last March, the online asset manager AlphaFlow launched its first so-called automated investment fund for real estate loans. Rather than tapping employees to search for investment opportunities, the company uses a computer program to sift through listings services and find mortgages to purchase based on property characteristics, borrower history, recent market data and ...
Coworking represents a small yet growing segment of the office market, a new study demonstrates, with Manhattan dominating. Manhattan has 245 coworking spaces equaling 7.7 million square feet, according to a new study by Yardi Matrix, a commercial real estate research and data platform. Los Angeles came in second with 3.7 million square feet in 158 locations. Nine other metros studied have at le...
So bad is London’s housing crisis, which sees house prices make homeownership a pipe dream for many, a 2015 report by PWC reckons that by 2025 more than half of under 40 year olds will be living into rental properties. The answer, of course, is to build more affordable and/or social housing, but that hot political potato is continually kicked to into the long grass and, even at its most optimist...
Office workers around the globe are turning to a new assistant to answer their HR queries and requests for data, one who never calls in sick or steps away from their desk for meetings. The advent of chatbots—conversational artificial intelligence (AI) tools developed for specific functions—is giving employees on-demand assistance to information when and where they need it. The prospect of fast...