All Proptech articles
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InsightProptech is key to ESG progress
Earlier this month, Freeths and Property Week brought together a panel of experts from across the industry to discuss how proptech applications can provide property companies with solutions to address the challenges, and grasp the opportunities, presented by the rising tide of environmental, social and governance issues.
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Online
Losses increase despite revenue rise at essensys
Flexible workspace tech group essensys has posted a loss before tax of £7.7m for the six months to the end of January, compared to £4.7m a year earlier, despite an 18% rise in revenue for the first six months of its financial year.
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Online
Purplebricks reveals takeover interest from Strike, but says pair not currently in talks
Purplebricks has told investors that it has held takeover talks with rival online estate agency group agency Strike, but that the firm is not currently involved in the “formal sale process”.
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Insight
Ascendix’s Wes Snow on which proptech trends will bring returns in 2023
While 2023 does not look like a perfect time to invest in real estate, the volatile macro-economic environment could hold attractive opportunities for proptech investors – if they look in the right direction.
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News
Hurstwood launches property asset management platform
Property owner and manager Hurstwood Holdings has launched a dedicated commercial investment and strategic property asset management platform.
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Online
LendInvest agrees funding deal to back move into home lending
Finance portal LendInvest has agreed an increase in funding from Lloyds Bank to £300m to support an entry into the UK’s £1.2trn homeowner mortgage market.
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Insight
Property Raptor’s Justin Lau on the property tech sector setting records in venture funding
According to Future Market Insights, the proptech industry is expected to grow in value from $18.2 bn (£15.24bn) in 2022 to $86.5bn (£71.01bn) in 2032, while FinLedger reported that the first half of 2022 saw a record $13.1bn (£10.75bn) invested in real estate tech and proptech companies. If it continues ...
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Online
JLL and Industrials REIT scoop Proptech gongs
JLL and Industrials REIT were among the key winners of the 2022 UK PropTech Association (UKPA) Awards held in London last week.
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Online
Topland to deploy VTS Rise tech platform in Bristol scheme
Topland has selected VTS Rise as their tenant experience solution for Whitefriars, its 138,000 sq ft landmark building in Bristol.
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Online
Online land sourcing portal gains funding
New online land sourcing portal Searchland has raised £2.3m in seed funding from Fuel Ventures to help property developers find development sites, Property Week can reveal.
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Online
CoStar launches LoopNet in the UK as global interest in the market rises
US real estate marketplace CoStar Group has launched LoopNet, its commercial property marketplace, in the UK market.
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News
Proptech investment 'reached a record $24bn' for 2021
The year 2021 saw the highest value of proptech investment on record to the value of $24bn, according to Hampleton’s H2 2022 M&A Market Report.
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News
Experts flag up ‘perfect storm’ for house prices
Proptech leaders warn residential investors not to ignore ‘plummeting values’
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Online
OnTheMarket rewards agents with heavily discounted shares
OnTheMarket has applied to the London Stock Exchange for the admission of shares given to agents after signing long-term deals.
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Professional
How best to design, launch and review a new workspace
Three experts give their tips on strategies for finding or adapting the ideal post-pandemic workplace
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News
Svanström named as Rightmove CEO
Listed property portal Rightmove has appointed Johan Svanström as its next chief executive, replacing Peter Brooks-Johnson, who will retire after the company’s full-year results are announced in February.
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Online
Essensys scales back growth plans as annual losses almost treble
Pre-tax losses at flexible workspace technology group essensys more than trebled in the year to the end of July.
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Insight
Proptech could be the Conservatives’ saving grace
On day one of the Conservative Party Conference, the levelling-up secretary Simon Clarke said that levelling up was still “fundamental” to Liz Truss’s government – while his department, and indeed the UK, are preparing for a period of significant economic uncertainty.
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News
Least hires Fisher as head of sales
Commercial leasing platform Least has appointed Nick Fisher as head of sales to spearhead its growth, after raising £1.5m in seed funding in June, Property Week can reveal.
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Insight
Expect ups and downs as tech matures
Property Week’s latest Power of Proptech survey, supported by Freeths, reveals changing attitudes as technologies adopted during the pandemic become embedded in the sector.
