Welcome to The Print, Blueprint's weekly curation of the most important things going on in real estate and construction technology. We hope our newsletter will keep you informed as we shine a light on the newest innovations and opportunities that exist in the built world.
- Luxury retailers, flush with cash, are spending big on real estate and buying out their landlords in the world’s most expensive and exclusive shopping corridors.?(WSJ)?
-
OpenAI
CEO
Sam Altman
is asking investors for up to $7T to pay for the infrastructure to facilitate?AI. That infrastructure could have real implications for the commercial real estate industry.?(Bisnow)
- As commercial properties fall into foreclosure, cities could?better shape?their futures by actually investing in those properties themselves, writes
Diana Lind
.?(New Urban Order) Meanwhile,
Clint Myers
thinks you can?"make a billion dollars in the US office market today by solving the shortage of quality office space." (Thesis Driven)
- Can
戴德梁行
’s push into AI?close the gap with
世邦魏理仕
and
仲量联行
? (Propmodo)
- With so much money flowing into climate tech, proptech firms may?change how they market themselves, writes
Jonathan Klein
.?(Proptech Consulting)
Anticipation keeps building for Blueprint Vegas 2024. We've announced our first 50 speakers, and we're deep in?planning for what will undoubtedly be?our largest and most dynamic?show yet.?Now is the time to register — don't miss out! ?
RAISES, BUILDS AND TEARDOWNS
-
Higharc
, a?connected cloud platform for homebuilding operations, has raised $53M?Series B funding.?(Press Release)?
- Amsterdam-based construction robotics startup Monumental?has successfully raised $25M in new funding. (Automation Vault)
-
Stegra
, which is developing what would be the world’s first large-scale green steel plant, has finalized?a €4.75B?($5.17B) investment. The financing, which is mostly debt, comes just months after the firm announced a €1.5B?($1.6B) equity round.?(Canary Media)
- The plan to merge Breather?and?Deskpass?demonstrates?the companies’ belief that the bloom has not come off the flex space market. (Commerical Observer)
-
Bob W.
, a European marketplace for premium short-term apartment rentals, has raised €40M?($43M) in a Series B round.?(Techcrunch)
-
Document Crunch
, a provider of?an AI-powered construction contract platform, has raised $9M in Series A funding.?(FINSMES)
- Software developer Pathways has closed on?$2.5M in new funding to track construction emissions.?(Axios)
- Arch, a software company that caters to HVAC installers,?has raised a $6.2M seed round. (Techcrunch)
- Privy, a?platform that simplifies finding and analyzing residential investment opportunities, has?raised $4M?in new funding. (Fintech Global)
-
Gensler建筑设计事务所
has promoted four?principals to its leadership team in the UK and Europe.?Juliette Morgan works as the group's ESG consultancy director and is a global leader in the firm's climate action and sustainability practice.?Diana Lee works as the practice's cities studio leader for London.?Gensler has also promoted Naomi Sakamoto to lead its technology practice area for the firm’s Europe region.?Sarah Ekundayo also becomes a principal and is regional marketing director for Europe.?(CoStar News)
NEWLY POSTED JOBS IN REAL ESTATE & TECH
