Propel NYC | ‘Focus on quick wins in tech’ urge VTS and RXR

The business of using algorithms to quickly buy and sell homes has suffered another setback as volatility in US house prices exposed one of the sector’s biggest players to substantial losses.

Amid widespread expectations that an economic crisis is imminent, business leaders are opting for flexible workspaces and leases to avoid lengthy contracts.

The company’s windows, which reduce a building’s energy use by adjusting to sunlight, are one building technology to benefit from the recent Inflation Reduction Act in the US.

Just 16% of respondents in a global survey on green investment identified real estate as an area of focus for their organisation.

From a net zero zone in Cannes to insightful closed-door events, Lauriane Halle has big plans for MIPIM’s tech programme.

The number of real estate portfolios benchmarking sustainability with GRESB has risen faster than ever before in the last year, providing a clearer picture of progress in the industry.

The countdown is on. From 9-10 November 2022, Propel by MIPIM NYC will host the biggest international event for real estate innovation and proptech.

Organiser Michael Beckerman said he expects the largest US crowd in proptech history with 2,500 attending the two-day conference.

New brands are raising funds, established players merging and online marketplaces expanding as flexible workspace moves from alternative to the mainstream.