Venture capital firms this year have begun raising hundreds of millions of dollars that they plan to deploy into proptech startups aimed at taking on climate change by making buildings more sustainable.
The surge of investment, taking place across the U.S., Canada and Europe, comes as experts see multiple coinciding forces that will push developers and landlords to adopt green building technologies in the coming years.
Government action, from local building regulations to President Joe Biden s push to spend hundreds of billions on sustainable buildings, is expected to force rapid adoption of climate proptech solutions. But the movement isn t just coming from the government shareholders, lenders and tenants have been escalating pressure on landlords to make their buildings become more climate-friendly.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
New Commercial Real Estate Survey Highlights The Critical Role Technology Plays In Post-Covid-19 Return-to-Work Strategies
April 1, 2021 GMT
NEW YORK and BRUSSELS and SINGAPORE, April 1, 2021 /PRNewswire/ Proxyclick and CREtech today announced the results of a co-sponsored global survey of corporate decision-makers in the commercial real estate (CRE) industry. The survey was conducted by the two companies to gain a deeper understanding of how CRE professionals are feeling about the real estate landscape post-Covid-19. Specifically, the survey placed emphasis on the role technology will play in problem solving as CRE professionals support their clients’ return-to-work strategies.
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TikTok released its latest transparency report, noting that hundreds of thousands of videos were removed for violating the platform’s election misinformation policies.