VTS

More Than 80% of Office Landlords Witness Uptick in Lease Renewals as Enhanced Tenant Experience Becomes the Norm, According to the 2024 VTS Global Landlord Report

Retrieved on: 
Tuesday, April 9, 2024

The report is a result of a survey commissioned by VTS from an independent market research firm surveying today’s landlords from across the globe on their priorities and challenges in 2024.

Key Points: 
  • The report is a result of a survey commissioned by VTS from an independent market research firm surveying today’s landlords from across the globe on their priorities and challenges in 2024.
  • The report shows that landlords are prioritizing the improvement of tenant experiences to drive retention of current tenants as opposed to leasing vacant space in 2024.
  • According to the latest VTS Office Demand Index (VODI) , national demand for office space marked its sixth consecutive month of annual growth, and VTS’ 2024 Global Workplace Report showed that 62% of companies are executing a hybrid work strategy, which both indicate a slow but steady recovery for the office market.
  • However, the market remains fragile, and landlords have therefore shifted their focus to tenant retention and lease renewals, with technology being a top asset, followed by outdoor communal areas, and property operations.

VTS Announces Launch of VTS 4 – Powered by the New VTS Demand Model, Bringing Predictive Data to Commercial Real Estate

Retrieved on: 
Tuesday, March 26, 2024

VTS 4 transforms industry intelligence for commercial real estate landlords to understand the market better than their competitors and predict tenant demand through enhanced data and AI-generated insights.

Key Points: 
  • VTS 4 transforms industry intelligence for commercial real estate landlords to understand the market better than their competitors and predict tenant demand through enhanced data and AI-generated insights.
  • As part of VTS 4, the VTS Demand Model is built from the industry’s only real-time dataset and predicts tenant demand 6-9 months ahead of leasing activity.
  • These advancements unlock a host of new analytics to VTS’ existing data product, including expanding VTS Data to the London market, bringing commercial real estate’s only real-time data and insights to the UK.
  • As part of VTS 4, the VTS Demand Model aggregates data around three key areas of the VTS Platform: real-time supply and demand data, marketing analytics, and pricing data.

VTS Announces Accelerate 2024, the Leading Innovation Conference for Commercial Real Estate Executives

Retrieved on: 
Tuesday, February 27, 2024

The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.

Key Points: 
  • The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.
  • Accelerate 2024 will be a one-day event, featuring content including keynote presentations from distinguished guest speakers and VTS executives, VTS user-education content, and networking events.
  • Attendees will leave Accelerate 2024 armed with actionable tactics to help their organizations best navigate current dynamics in the market and seize opportunities.
  • Accelerate also will provide the opportunity to interface with product pop-ups, live demos, and a technical genius bar.

Pronto Housing brings total funding to $9.5MM with Strategic Investment from Affordable Housing Leaders

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Pronto Housing—a software solution to make complicated affordable housing processes efficient and easy for everyone —today announced their latest funding round from a powerhouse group of affordable housing leaders. Leaders from Infinity Capital Partners, MRK Partners, Icon National, and others invested $3 million, bringing Pronto's total funding to date to $9.5 million. This capital will accelerate Pronto Housing's mission of shaping the future of affordable housing through software solutions.

Key Points: 
  • This capital will accelerate Pronto Housing's mission of shaping the future of affordable housing through software solutions.
  • "Affordable housing processes have been notoriously cumbersome, manual, and paper-driven," said Christine Wendell, CEO & Co-Founder, Pronto Housing.
  • Automating compliance for U.S. affordable housing programs, Pronto Housing eliminates manual data entry and increases transparency for property teams and renters.
  • This round further validates Pronto Housing as the leader shaping the future of affordable housing through software solutions.

Samsung and Nova Publish Joint Research at SPIE Advanced Lithography Conference

Retrieved on: 
Tuesday, February 27, 2024

REHOVOT, Israel, Feb. 27, 2024 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced that it will publish two co-authored papers with Samsung R&D Center research at SPIE Advanced Lithography 2024. The papers will be presented at the SPIE by Nova and Samsung, at the Metrology, Inspection and Process Control conference.

Key Points: 
  • REHOVOT, Israel, Feb. 27, 2024 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced that it will publish two co-authored papers with Samsung R&D Center research at SPIE Advanced Lithography 2024.
  • The papers will be presented at the SPIE by Nova and Samsung, at the Metrology, Inspection and Process Control conference.
  • The papers are a result of the continuous collaboration between the companies that is driving numerous innovative joint development programs to enhance advanced chip manufacturing.
  • The papers demonstrate multiple novel technologies Nova avails for advanced process control by developing unique solutions to measure critical parameters of interest on complex structures inside memory arrays.

59% of Companies are Currently Mandating or Encouraging More Time In-Office for Employees, According to the 2024 VTS Global Workplace Report

Retrieved on: 
Monday, February 12, 2024

VTS , the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today released the findings from its first Global Workplace Report , which leverages data to pinpoint corporate tenant needs and expectations related to office space.

Key Points: 
  • VTS , the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today released the findings from its first Global Workplace Report , which leverages data to pinpoint corporate tenant needs and expectations related to office space.
  • The report is the result of a survey commissioned by VTS from an independent market research firm, reaching hundreds of business leaders from companies across the globe on their workplace strategy and sentiment heading into 2024.
  • Findings from the report address core workplace pillars such as workplace strategy, operations and access, as well as engagement – providing visibility around how tenants are currently engaging with office space and what their current needs are.
  • “As companies’ return-to-work plans continue to take shape, the office has re-emerged as the primary place of business for today’s workforce,” said Nick Romito, CEO of VTS.

Vitesse Energy Announces Year-End 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, February 6, 2024

Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its year-end 2023 financial and operating results on Monday, February 26, 2024, after market close.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced that it plans to issue its year-end 2023 financial and operating results on Monday, February 26, 2024, after market close.
  • Additionally, the Company will host a conference call on Tuesday, February 27, 2024, at 11:00 a.m. Eastern Time.
  • Those wishing to listen to the conference call may do so via phone or the Company’s webcast.
  • Conference Call and Webcast Details:

Demand for Office Space Up Year-over-Year for the Sixth Straight Month

Retrieved on: 
Wednesday, January 31, 2024

Nationally, demand for office space rose in December on a year-over-year basis, marking the sixth consecutive month of annual growth and giving new life to the office market.

Key Points: 
  • Nationally, demand for office space rose in December on a year-over-year basis, marking the sixth consecutive month of annual growth and giving new life to the office market.
  • This trend reversal follows 15 consecutive months of monthly annual declines in demand for office space, according to the quarterly VTS Office Demand Index (VODI) .
  • Nationally, the VODI increased to 55, marking a 19.6 percent year-over-year and 7.8 percent quarter-over-quarter rise in demand for office space.
  • Combined, the two indicators have reduced uncertainty and injected confidence in the minds of employers with regard to committing to new office space.

FIFTH WALL CLOSES OUT STRONG 2023; PROMOTING 10 OF ITS TEAM MEMBERS AND ADDING 14 NEW COMPANIES TO ITS PORTFOLIO

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—announced that at the end of 2023, the Firm closed an additional $340M into its climate strategy on top of the $500M raised into its inaugural Climate Fund. Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies. Fifth Wall now has more than 110 strategic Limited Partners across 20 countries—approximately 300 investors worldwide—and in excess of 145 portfolio companies, maintaining its stance as the largest fund to invest globally in Built World Technology, including Property Technology (PropTech) and Climate Technology (Climate Tech).

Key Points: 
  • Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies.
  • "Fifth Wall helped define PropTech as an investment category and continues to meaningfully drive the sector's growth.
  • Fifth Wall now holds more than 110 PropTech portfolio companies, including Industrious , VERO , VTS , Neighbor , Bilt Rewards , Tailorbird , and WiredScore , amongst others.
  • Fifth Wall is proud to congratulate the following team member on their key 2024 promotions →

BetOnline Announces Strategic Golf Sponsorship with Vantage Tag Systems in Anticipation of 2024 PGA Show

Retrieved on: 
Monday, January 22, 2024

LOS ANGELES, Jan. 22, 2024 /PRNewswire/ -- BetOnline.ag, a leading online gaming platform, is thrilled to announced a groundbreaking collaboration with Vantage Tag Systems, a wholly owned subsidiary of DSG Global, Inc. The exclusive partnership is set to propel BetOnline's presence within the golf industry throughout 2024 and beyond.

Key Points: 
  • The lifetime sponsorship will see the integration of BetOnline's sports betting, casino, poker and horse racing digital platforms into thousands of golf course GPS devices produced by Vantage Tag Systems (VTS).
  • The QR codes will be available at golf courses in more than 25 states, spanning from California to Texas to Florida.
  • "BetOnline is thrilled to expand our growing footprint in the golf industry by partnering with such a respected and successful company in Vantage Tag Systems," BetOnline.ag CEO Eddie Robbins said.
  • "This partnership is a significant milestone for our company" said Bob Silzer, CEO of Vantage Tag Systems.