PropTech Insights – week 7, 2017

Our goal is ‘reinventing the future of property’. To support that goal, we share! We have made a selection from various (Dutch and English) news sources, which we find it worthwhile to share this with you. Have fun reading! And sharing = caring..

PropTech – is 2017 the year things change for the property industry?

Technology has been a disruptive force in most industries and sectors over recent years. But in the real estate and construction (REC) sector, widespread adoption of new technologies has lagged somewhat. Indeed, the adoption of technology in property – or ‘PropTech’ – has fallen a little short of its anticipated take-up. For example, in the US, the construction industry is several years behind many other industries with regards to technology with many companies still using manual systems for project planning and management. That’s why construction remains far behind in reaping the benefits of advanced data and analytics, drones, automation and robotics. However, 2017 is set to be the year the floodgates open for PropTech in the global REC sector, and we’ve looked at some key technologies you should be keeping an eye on in the industry this year. [Read more]

Inside Amazon’s robot-run supermarket that needs just 3 human workers

If you’re a robot stealing somebody’s job, it’s best to stay hidden. That’s what Amazon CEO Jeff Bezos appears to be thinking, as his Seattle-based web giant has contemplated a two-story, automated grocery store in which a staff of robots on the floor upstairs grabs and bags items for shoppers below. The ground level of the futuristic prototype — a supermarket-sized version of its recently unveiled “Amazon Go” convenience store, with a bigger layout that could span anywhere between 10,000 and 40,000 square feet — would be devoted to goods that shoppers typically like to touch, sources briefed on the plans told The Post. [Read more]

Google’s plan to make our building less poisonous

Our buildings can make us sick. In Google, the movement for healthy architecture may have gotten its most powerful ally yet. The Mississippi River’s 85-mile course between Baton Rouge and New Orleans, Louisiana, snakes past 150 chemical plants and refineries. In the shadow of towering industrial infrastructure and beneath emission plumes are neighborhoods that are mostly poor, black, and sick. The area’s residents were diagnosed with cancer and other illnesses at such a high rate that the region earned the nickname “Cancer Alley.” In the 1990s, Greenpeace stationed Lawrence Kilroy, then an environmental justice activist, in the region. [Read more]

Taronga Ventures Interview: Launching a Real Estate Tech Fund in the Asia-Pacific

In January this year, VC heavyweight Norwest Investment Partners identified real estate technology as one of its top predictions for 2017. Despite attracting growing interest, the real estate tech investment scene is still limited to a handful of specialist accelerators (MetaProp, Pi Labs etc), industry investors (Capitaland, CBRE, Savills etc) and more general VCs that include some real estate investments as part of a broader portfolio (the most notable exception being Camber Creek in the US which specialises in real estate). [Read more]

Cisco is launching products to transform workplaces into smart buildings

Cisco wants to transform workplaces into digital buildings. And to do so, it is launching a variety of products and network innovations that it hopes will generate more speed, cost savings, security, and better overall customer experiences. On the product side, the company is announcing today a new switch that is designed especially for digital buildings: The Cisco Catalyst Digital Building Series Switch. [Read more]

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