VTS inks $200m tenant experience platform deal

Two leading US and European tenant experience platforms are set to merge, with HqO announcing its acquisition of Office App to create a company valued at more than $500m.

Driven by strong growth in its US business, essensys has reported full year results that CEO Mark Furness said demonstrates the “resilience” of its business model.

Citing a “significant opportunity to scale adoption” amid the growth of hybrid working, JLL Spark has co-led a $9m fundraising round for software that connects access control across buildings around the world.

VTS, the global proptech software provider, has launched its marketing and leasing platform VTS Market in the UK, having signed up several industry-leading asset managers.

An initiative to cut energy use in UK commercial real estate by putting landlords, managers and occupiers in direct competition with each other has found its first participant ahead of its launch in March 2022.

Las Vegas plans to make major improvements and reach zero carbon emissions by creating a giant digital version of itself.

In a move that recognises both the opportunities and risks of adopting tech in real estate, JLL has appointed a chief information security officer.

Hubli has partnered with global coworking organisation Preferred Office Network to launch an on-demand workspace and meetings reservation platform for close to 1,000 venues.

Hear from 11 companies attending the big proptech show in Las Vegas this week from tech entrepreneurs to VCs and landlords including Local Logic, Sidewalk Labs, MetaProp, Pronto Housing and Rabbet among others.

Months after buying Knotel, Newmark has acquired a majority stake in Paris-based serviced office provider Deskeo in a deal CEO Barry Gosin called a “testament” to Newmark’s bullishness on the future of flexible offices.

Europe’s most important proptech networking conference, CREtech London, is back on 27-28 October at Magazine London.