PropTech Connect

PropTech Connect Europe 2024 was a blast! 🚀 It was an immense pleasure seeing such a large community of global real estate executives, entrepreneurs, and investors networking and gaining actionable insights over the two days. The feedback from the community has been fantastic so far, and we can't wait to share the 2024 highlights video with you! Stay tuned and subscribe to our newsletter via the form at the bottom of our website if you don't want to miss it...👇 https://lnkd.in/dVmUXeRA Thank you again to all of you who attended this year. Here's the link to the event photos in case you missed it: https://lnkd.in/eBdAU6US See you in 2025! 🚀 #realestate #PropTech #PropTechConnect #CRE #builtenvironment Nadim Stub, Rupert Parker, Dr Ahmed Alnaggar, Allan Fourie, Paige Pitcher, Engage Works, Ricky Bartlett, Jonathan Bartholomew, Matus Liptak, Hereworks, James Ma, Charlotte Langthaler, Natasha Patel, JCR Advisors, Equiem, HiPer it!, Maciej (Mike) Plichta, CFA, LMRE, Bayo Ibirogba, Generali Real Estate, Nikos Patsiogiannis, Emilia Cardamone, Ewelina Kałużna, Andrew McLennan, PhD, CTO, Simon Hayter, Joe White, Pratik Patel, Johan Wiksell, Ben Raybould, Fibha Ahmed, Stefanie Lütteke, Lisa Cations MRICS, Infabode, Daniel Wishnia, KODE Labs, Aleksandar Balicevac, Alister Langdon, Bert Hesselink, Chris Coleman-Brown, Mats Pettersson

🔔 Acquisition announcement: OpenBrix acquires well-known tenant referencing firm. “With the Renters Rights Bill coming into effect in 2025, the demand for high quality reference provision and supportive Rental Warranties will be higher than ever. The timing of our acquisition of FCC Paragon couldn’t be better. We are very excited and fully committed to enhancing the depth and quality of the service for all our customers.” - John Hards, Chairman at OpenBrix and former MD of Countrywide Lettings How will the acquisition enable the next stage of growth for OpenBrix's app tlyfe, which is among the UK’s largest single-source tenant platforms of registered tenants? Learn more and gain insights from OpenBrix's CEO Adam Pigott and FCC Paragon's MD Bryn Cole in the article below. 👇 🔗 Link: https://lnkd.in/dtaYbRww ---- 💡 Highlights in last week's newsletter: Colliers' new UK CEO, New CRREM structure, First insights into the world's most expensive development, $112M PropTech raise Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

💥 Record-breaking funding round! 💥 Hostaway raises $365M for its leading software, focussed on enabling property managers and owners to grow their businesses. Hostaway in a nutshell: > Preferred and premiere channel integrations with online travel agencies including Airbnb, Vrbo, and Booking.com. > 200+ marketplace partners. > Presence in over 90 countries. 🚀 The new funding round was led by General Atlantic with participation from existing investor PSG. What's next? There are two main priorities: 1️⃣ Expanding into different geographies; 2️⃣ Doubling down on AI investments. Hostaway was the first PMS to integrate with ChatGPT, which has unlocked opportunities for property owners and tenants alike. We are looking forward to seeing what's next! Learn more in the article below. 👇 🔗 Link: https://lnkd.in/dX9wDAhx ---- 💡 Highlights in last week's newsletter: Colliers' new UK CEO, New CRREM structure, First insights into the world's most expensive development, $112M PropTech raise Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

Mark Allan, CEO at Landsec, sees successful startups solving at least one of four Real Estate challenges: 1️⃣ Understanding customers 2️⃣ Better long-term decision making 3️⃣ Improving efficiency and speed 4️⃣ Sustainability Mark Allan, Melanie Leech (CEO at British Property Federation), and Matthew Maltzoff (Founder & CEO at PropTech Connect) delved into the key points of ‘Unlocking the Full Potential of Urban Regeneration’ at PropTech Connect Europe 2024. 👇 More insights will follow at PropTech Connect 2025. Subscribe to our newsletter through the link below and stay tuned for upcoming announcements… 🔗 Link: https://lnkd.in/eJqXCYHY #realestate #PropTech #sustainability #realestatetechnology #PropTechConnect

💥 EQT Group acquires PropertyGuru Group in a transaction that values the company at an equity value of approximately $1.1 billion. This is not EQT's first investment in the property marketplace space... EQT is experienced in working with Europe's idealista and Casa.it, and will combine this experience with its resources to unlock the next stage of growth for the leading Southeast Asian PropTech. Founded in 2007 and headquartered in Singapore, PropertyGuru connects over 31 million property seekers with more than 50,000 agents across Singapore, Malaysia, Thailand and Vietnam each month. Its offering includes: ✅ Extensive real estate listings ✅ Data-driven insights ✅ Mortgage solutions like PropertyGuru Finance and enterprise client solutions under PropertyGuru for Business. What's next for the fast-growing real estate player? Learn more from the company's CEO Hari V Krishnan and EQT's Janice Leow in the article below. 👇 🔗 Link: https://lnkd.in/d-iS3Rak ---- 💡 Last week's most-read Real Estate news: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

🚀 eLstar Dynamics raises €10M and enters the scale-up phase, ready to capitalise on the growing demand for energy-efficient, sustainable, and cost-effective solutions in the building and automotive sectors. The Dutch firm develops and distributes sustainable and affordable smart glass, which is produced using existing manufacturing facilities. “This funding not only reinforces our commitment to developing sustainable and energy-efficient solutions but also propels us closer to our goal of commercialising products that will significantly reduce energy consumption in buildings and vehicles. We are now at the forefront of deploying technology towards a more sustainable future.” - Anthony Slack, CEO of eLstar Dynamics Read the full article below. 👇 🔗 Link: https://lnkd.in/dA3tHd9i ---- 💡 Last week's most-read Real Estate news: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

🚀 Hybr unveils lettings software that enhances the tenant experience for student renters, while also cutting OpEx for operators and investors. There are two key problems to solve: 🏠 Operators and owners drowning in unengaged enquiries, while leaks along the customer funnel cause void periods costing the sector billions. 🎓 Students face an opaque market with limited affordable housing options, leading to over 8% dropping out of university due (in large) to inadequate accommodation, and lack of support. “Hybr’s mission is to transform the young renter experience. But, we realised that the only way to complete our mission was by building a tool that empowers operators to deliver a better tenant experience.” — Hannah Chappatte, CEO & Founder of Hybr The new solution: ✅ Operators can save 9+ hours per property, while increasing conversion rates from enquiry to booker by over 50%. How is the new platform delivering these results for operators and young renters? Learn more in the article below. 👇 🔗 Link: https://lnkd.in/dNdn6cjB ---- 💡 Last week's most-read Real Estate news: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

2021: enSights is founded. 2022: Europe expansion begins. 🚀 2024: Global expansion accelerates with $10M raise. Experienced renewable energy entrepreneurs Alon Mashkovich and Roy Fadida co-founded enSights with Dekel Yaacov to develop a 360-degree, AI-powered energy optimization and management platform that can scale business operations... ... while maximizing the financial and energy performance of renewable assets. ✅ Achievements to date: > Local market leader in the distributed generation segment; > Hundreds of active users managing more than 1.6 GWp on enSights’ platform; > Daily operations of 6,000 clean energy assets being optimised. 🔥 A growing market opportunity: The total addressable market (TAM) for clean energy optimisation software continues to expand, with O&M software spending projected to increase from $40-$61B in 2023 to $67-$101B by 2027. The Series A funding round was co-led by venture capital firms JAL Ventures Fund and XT VC, with the participation of the Menomadin Foundation. Learn more about the market opportunity and how enSights is capitalising on it in the article below. 👇 🔗 Link: https://lnkd.in/dRpzYZrk ---- 💡 Highlights in last week's newsletter: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

🔥 Iliad Partners launches $50M fund to invest in B2B software companies. PropTech is one of the three target verticals. 🚀 Meet the founders: > Christos Mastoras, a former tech entrepreneur with four exits and ex-Yahoo Maktoob executive and Booz & Co. management consultant based in the UAE since 2007. > Omar Al-Madhi, a Saudi investment executive. The two MIT Sloan classmates were later joined by Sultan Olayan as a partner in the GP. 🤝 Meet the team: Georges Boueiz, Dalal Al Mutlaq, and Pier Armando Vender, a team with a track record of investing, building and exiting companies in MENA as experienced investors, entrepreneurs, and operators. 🎯 Target startups: 1) Early-stage B2B software startups driving digitisation and innovation in target verticals at the Pre-Series A and Series A stages in MENA, with a primary focus on Saudi Arabia and the UAE. 2) 10% of the fund will be allocated to Europe, with a focus on Greece, to support startups expanding into MENA. Learn more about the companies backing this fund and its investment approach in the article below. 👇 🔗 Link: https://lnkd.in/dGwgcvcP ---- 💡 Highlights in last week's newsletter: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆

🚀 🍃 Dcycle raises €6M for its ESG data management solution that addresses sustainability as a data engineering challenge. Dcycle was founded in Madrid in 2020 by Juanjo Mestre, Luis Escámez, and Jacobo Umbert. Achievements to date: ✅ Working with 800+ companies. ✅ A team of 50 employees. ✅ First in Europe to be verified by TÜV Rheinland Europe, an international environmental certification. The round was led by Samaipata, with existing investors Ship2B Ventures, Sabadell Venture Capital, Draper B1, Decelera Ventures, and Angels Capital. 🎯 What's next? 1) Accelerated tech development. 2) Team growth. 3) European expansion (including Germany, Italy, and the UK). How is dcycle working with building lighting and construction companies? Find case studies and learn more from the company's CEO, and investor Luis Garay in the article below. 👇 🔗 Link: https://lnkd.in/dc-q7EBw ---- 💡 Highlights in last week's newsletter: PGIM partners to expand in the Middle East, Retail operator invests in VC Fifth Wall, PBSA operator pioneers new payment solution, idealista acquires in the UK, and much more Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆