UK sees ‘alarming’ lack of progress in decarbonising real estate

Taking a cautious approach to investment, VCs invested $19.8bn in real estate innovation globally this year, down from a record-setting $32bn in 2021.

The workplace experience platform installed the tech behind “the first intelligent building” in the Spanish market.

One year ago, the proptech market eagerly awaited another 12 months of high investment and adoption. Now, facing economic jitters and tightening purse strings, the sector is coming to terms with a gloomier outlook – alongside continued optimism.

The VC firm announced the final close of the Real Estate Technology Fund III, taking its total capital raised for proptech to more than $1bn in 2022 alone.

Global sea levels are rising. They’ve risen 10cm since 1993 and are projected to rise further still. What are planners doing to anticipate this watery Armageddon, asks Jeremy Hinds of Savills.

Monitoring supply chain emissions is a frustrating exercise for even the most carbon-conscious organisation. One Australian startup is trying to change that.

At 127,000 sq ft, with space for about 1,500 desks, Chancery House in London will be the flexible workspace provider’s largest site when it opens in May 2023.

Buildings certified for digital connectivity in the US have a 3.8% lower vacancy rate and attract leases that are nine months longer than in comparable buildings, according to research by Moody’s Analytics.

Showcasing the future of work and the latest in smart building tech, Ashby Capital, Helical and Smart Spaces introduced the newly completed JJ Mack building in a special behind-the-scenes event hosted on-site by PlaceTech.

Nearly a quarter of office workers believe that the tech in their buildings directly hinders their productivity, a report from essensys has found.

“The same way Tesla’s electrification of cars has influenced the motor industry, we want to be the catalyst of change to circularity in the workspace industry,” CEO Anders Jepsen said following a nine-figure funding round.