The Build to Rent sector enjoyed impressive growth before the pandemic, writes Vanessa Warren of Mills & Reeve. With around one in five households in the UK now renting, BTR has been well positioned to benefit.
The BTR developer has announced the appointment of Jim Eaton-Terry as its first chief technology officer to integrate technology systems, create end-to-end development and leasing systems and to support the company’s ambitious plans for growth in London, the UK and internationally.
Workspaces must constantly evolve to become smarter, and smart tech offers the possibility of using space in more efficient, proficient ways – important as we respond to changing working habits driven by the pandemic, writes Andrew Cooke, strategic director of Bruntwood Works.
The UK Green Building Council said the industry “urgently need clarity” from the Prime Minister on the budget to bring forward his 10 Point Plan, which has far-reaching implications for upgrading property.
Four years after founding, the artificial intelligence-powered design platform that helps architects find the best solution for a site, has been acquired by the US CAD giant in one of the largest property tech acquisitions seen to date.
The startup has raised a $4.5m funding round to further accelerate its 10x growth. Leading the round are LAUNCHub Ventures and Hoxton Ventures joined by another European VC firm, Hardware Club. Existing investor Change Ventures also participated.
Against a backdrop of ongoing Covid-19 restrictions, with prolonged home-working, these are challenging times for many real estate sectors: notably office, retail and leisure, writes Victoria Trebilco.