PODCAST | Tom Wallace, Re-Leased

PlaceTech gets the lowdown on the office management platform's rise.

The global operating system for safe, flexible and human-centric workspaces, has agreed an integration deal with the Japanese tech giant to combine the Hitachi platform into spaceOS’ workspace management app.

The 5,000-hotel group has entered the race for the expected rise of ‘working from anywhere’ as an alternative to the office or home, offering workspaces for £35 a day with the added perks of room service and a bar below.

The European stop of the Propel by MIPIM Startup Competition was held in Paris with four category winners picked in sustainability, data, investment and user experience.

Startup Bright Spaces has signed an agreement with Skanska Romania to implement its interactive 3D showcasing platform for Equilibrium, a project owned by the developer in Bucharest.

The leading real estate technology for creating engaged communities and well-managed places will lever PlaceTech’s global reach to deliver its ambitious growth plan.

spaceOS has announced a new capital raise totalling €2.5m. The latest funding comes after Austrian commercial real estate group Immofinanz took a €2m stake in spaceOS, further strengthening the firms’ partnership, following a deal in December to roll-out the spaceOS platform across the group’s entire portfolio. Existing investors BeyondBuild also contributed an additional €500,000 to this funding round.

The continuing migration to flexible office space underlined a resilient performance during the past year with the specialist management software provider’s US business showing year-on-year recurring revenue increasing 43% to £8.0m from £5.6m in 2019.

The developer has chosen Equiem as its partner to deliver a digital tenant engagement app across its mixed-use London campuses.