JLL announced it has acquired Sacramento-based Hank, a virtual engineering platform powered by artificial intelligence (AI) that autonomously optimizes the management systems of commercial buildings, the former said in …
Proptech
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The New York City Economic Development Corporation (NYCEDC) announced the selection of JLL Technologies (JLLT) as the City?s key partner to launch the citywide Property Technology (Proptech) Piloting Program …
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The number of real estate technology startups has increased 300% over the past decade, according to a new study by real estate services specialist JLL. Data released by JLL …
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JLL recently announced that it has reached an agreement to acquire Skyline AI, an artificial intelligence (AI) technology company that uses proprietary machine learning models to gain a competitive …
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Mapped uses AI and edge software for commercial and industrial IoT Mapped, an AI-powered data infrastructure platform for commercial and industrial IoT, announced that it closed its seed II funding …
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Planon, which provides real estate and facility management software, announced the launch of its online marketplace to offer new add-on applications and integrations, which have been developed by Planon …
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Smart buildings ? those that deliver outstanding outcomes for all users, through digital technology, to exceed their evolving expectations ? have the power to transform the way we live, work …
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Australian tenant experience platform Equiem has acquired Vicinitee – British Land?s digital property management platform, used across more than 150 buildings throughout the U.K., including Broadgate, The Shard and …
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Nordic PropTech software company Nuuka has joined the RealEstateCore Consortium (REC) with the aim of adding further value to real estate portfolio owners. In a statement, Nukka noted …
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Chinese real estate firms seems to be more willing to implement property technologies, according to a survey of 200 companies carried out by Jones Lang LaSalle (JLL), a professional services …
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I was supposed to go to Cannes, France in March, and then maybe in June, for the annual MIPIM event. Instead, I ended up engaging with the event virtually, trading …
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Hong Kong telecom services provider HKT and Worldwide Executive Limited (WEC), which is a professional services provider for property managers, are collaborating to deliver what they claim to be Hong …
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Every year, the number of IoT devices expands drastically, a trend that has no real end in sight. For the PropTech industry, there is a great deal of concern around …
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Commercial real estate brokers are not only currently using CRETech, but they are also planning to make additional technology investments in the next two to three years, according to …
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Hitachi Asia and Singapore-based Frasers Property have signed a memorandum of understanding (MOU) involving an investment of up to S$50 million ($36.6 million) each to collaborate and drive digital …
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JLL Technologies tasked with proptech acceleration Global real estate services firm Jones Lang LaSalle (JLL) announced the formation of JLL Technologies, a new business division created with the aim of …
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U.S. real estate software solutions provider MRI Software has expanded its presence in the proptech market in Australia and New Zealand via an acquisition, the company said in a …
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U.S-based real estate and investment management specialist?Jones Lang LaSalle (JLL), together with Swire Properties and Ping An Urban Tech, announced the launch of what it claims to be the …
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Proptech fund totals more than $1 billion Fifth Wall, a venture capital firm focused on proptech technologies for the global real estate industry, has recently closed its second real estate …
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Canadian company Pattison Onestop has partnered with Concierge Plus to provide communication capabilities and engagement experiences with the release of their property management platform, to be used in conjunction with …
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Investment in property technology in China has accounted for approximately one-third of the total global investment of $20 billion over the past six years, the South China Morning Post …
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PRODA PropTech solution uses AI for data processing Coyote Software and control.IT have made a joint strategic investment in PRODA, a London-based PropTech business utilizing artificial intelligence (AI) technology to …
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JLL is expanding its reach to find the most disruptive commercial real estate technology to Europe, the Middle East and Asia through a partnership with UK -based Concrete VC. The …
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Global firms snag 80% of PropTech funding, more private equity flows to market
by urvashiby urvashiInternational PropTech companies led the path with nearly 80%, or $618 million, in nine deals this month according to data released yesterday in a report by CREtech a PropTech, data …
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Investor confidence in PropTech startups declined to 7.7, after reaching 8.7–its highest level in a two year growth period, due to volatility and market uncertainty, as investors scaled back funding …