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PropTech Update - November 2022

With likely recession encroaching, PropTech seen as cost-cutting tool in CRE - Bisnow – October 11 A rolling series of challenges, from the pandemic to labor shortages to an unfolding economic downturn, have increased focus...more

PropTech Update - October 2022

Builders face security, privacy risks as BIM takes off - Construction Dive – September 29 - The construction industry is increasingly embracing collaborative digital tools like BIM. While leveraging BIM brings many benefits,...more

PropTech Update - September 2022

FTC lawsuit: Roommate-finding app Roomster bought fake reviews and featured scam listings Bullet CBS News – August 30 California, the Federal Trade Commission, and five other states filed a lawsuit on August 30 against the...more

PropTech Update - July 2022

All signs point to a ‘growing appetite’ for digital twins Construction Dive – June 15 The implementation of digital twin technology is expected to increase by 36%, on average, over the next five years across major...more

PropTech Update - June 2022

Los Angeles pilots digital twin project to aid building decarbonization - Smart Cities Dive – June 3 - Cityzenith is partnering with the Los Angeles branch of the U.S. Department of Energy’s Better Buildings Challenge...more

PropTech Update - May 2022

Venture capitalists piled record $4B into PropTech in Q1 Bullet The Real Deal – April 19 A record $4 billion of VC equity funding flooded into the PropTech sector in the first quarter of 2022 as “investor confidence” in the...more

PropTech Update - February 2022

Major CRE players fuel PropTech funding boom aimed at hybrid, remote workers - Bullet Bisnow – January 26 - The PropTech boom reached record funding levels last year, fueled by venture capitalists investing in flex office...more

PropTech Update - January 2022

PropTech shatters investment record with $32B VC haul in 2021 - Bisnow – December 21 - PropTech’s rapid growth attracted a record-breaking amount of venture capital in 2021. Private investment into the sector hit $32...more

PropTech Update - December 2021

After PropTech's monster 2021, stage set for huge adoption, investment in 2022 - Bisnow – November 30 - Real estate technology's banner 2021, which has seen a record-setting $9.5 billion invested in the sector through...more

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