CREtech Briefs April 13, 2022 - Wooden Skyscrapers Are on the Rise, As Remote Work Becomes Permanent, Can Manhattan Adapt? + More

Today's Headlines

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NEWS | Manifest Climate

Real Estate, TCFD & Net-zero

Climate disruption?is already affecting businesses in a myriad of ways, causing many companies to pledge?net-zero?goals. As?climate awareness?grows, investor demand has also increased for net-zero commitments from?asset managers, specifically when it comes to real estate portfolios.

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NEWS | SmartCitiesWorld

Comcast establishes dedicated smart cities division

It will deliver connectivity and consulting services and connect customers with companies that provide applications in areas such as smart lighting, parking and waste as well as digital kiosks.

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NEWS | CREtech

Toby Courtauld, CEO, GPE Ltd and Melanie Leech, CEO, British Property Federation to deliver Keynote Fireside Chat at CREtech London, this April 27-28

CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced that Toby Courtauld, Chief Executive of GPE Ltd and Melanie Leech, Chief Executive of British Property Federation, will take center stage at CREtech London, this 27th-28th April.

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NEWS | WSJ

Wooden Skyscrapers Are on the Rise

Architects and builders turn to ‘mass timber’—an engineered wood product similar in strength to concrete and steel—to build multistory buildings

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NEWS | Crunchbase

Tiger Global Roars Into The Lead As Spendiest Startup Investors Scale Back A Bit In Q1

The spendiest of spenders are still spending. However, they’re spending a bit less overall in Q1 of 2022 compared to the latter half of 2021.

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NEWS | The New York Times

As Remote Work Becomes Permanent, Can Manhattan Adapt?

With more companies adopting hybrid work, New York City’s economy, which relies on commuters and full office buildings, faces an uncertain future.

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NEWS | yahoo

Meta M&A exec leaves role to join real estate startup Pacaso as COO

Lara Cumberland is leaving her role as head of M&A Integration at Meta (formerly Facebook) to join proptech unicorn Pacaso as its chief operating officer (COO).

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NEWS | Bisnow

Some Cities May See Credit Risks As Remote Work Hits Their Bottom Lines

Remote work may have indirect financial consequences for some U.S. cities as lower earnings taxes prove a credit risk.

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NEWS | UKTN

Proptech investment platform raises ￡57.5m to buy more houses

Proptech investment platform IMMO has closed $75m (￡57.5m) in a Series B funding round led by Oak HC/FT.

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NEWS | yahoo

Singapore Proptech Market is expected to grow at a massive rate of 30.1% CAGR during 2020-2025 providing a lucrative opportunity for Proptech investors: Ken Research

Key Findings Technology has been increasingly becoming an attractive asset for property owners, potential real estate investors and tenants looking for an efficient and secure opportunity in the Commercial Real Estate segment (CRE). VR and augmented reality (AR) technologies to offer immersive viewing experience, especially