Property technology

PropertyGuru, Southeast Asia’s Leading Digital Property Marketplace Group, Plans to Go Public in Partnership with Bridgetown 2

Friday, July 23, 2021 - 7:41pm

Founded in 2007, PropertyGuru has grown to become Southeast Asias #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1.

Key Points: 
  • Founded in 2007, PropertyGuru has grown to become Southeast Asias #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1.
  • Launched PropertyGuru Finance a digital mortgage marketplace and brokerage that offers smart, frictionless home financing financial services.
  • We are delighted to partner with Bridgetown 2 as we accelerate our mission to be the trusted advisor for property.
  • PropertyGuru Group is Southeast Asias leading property technology company1 and the preferred destination for 37 million property seekers to find their dream home, every month.

Universal PropTech Signs Letter of Intent to Acquire Exclusive Canadian Rights to Microgrid Technologies and Assets

Wednesday, July 21, 2021 - 2:00pm

"Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."

Key Points: 
  • "Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."
  • The Canadian microgrid energy services company has amassed Canadian rights to several renewable and battery technologies, exclusively for the PACE Program and non-exclusively for other direct customer sales.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

Universal PropTech Signs Agreement with EnPowered To Deliver AI-Driven Energy Savings

Tuesday, July 20, 2021 - 2:00pm

Tomas van Stee, CEO and Founder, EnPowered stated, "We are excited to be working with Universal PropTech, a progressive and leading technology company.

Key Points: 
  • Tomas van Stee, CEO and Founder, EnPowered stated, "We are excited to be working with Universal PropTech, a progressive and leading technology company.
  • The Agreement includes mutual referral fees for customer agreements, and the agreement may be mutually extended on an annual basis.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

SmartRent Appoints Evelyn León Infurna as Senior Vice President of Investor Relations

Monday, July 19, 2021 - 12:30pm

SCOTTSDALE, Ariz., July 19, 2021 /PRNewswire/ -- SmartRent , an enterprise smart home and smart building technology platform for real estate owners, managers, and residents, announced today that it has named Evelyn Len Infurna as Senior Vice President of Investor Relations.

Key Points: 
  • SCOTTSDALE, Ariz., July 19, 2021 /PRNewswire/ -- SmartRent , an enterprise smart home and smart building technology platform for real estate owners, managers, and residents, announced today that it has named Evelyn Len Infurna as Senior Vice President of Investor Relations.
  • "Evelyn is joining SmartRent at a crucial point in the company's history, a time when we are experiencing significant growth and moving towards international expansion," said Lucas Haldeman, founder and CEO of SmartRent.
  • "As a well seasoned real estate executive, Evelyn brings decades of experience in financial services and has shown the ability to lead companies through such pivotal times.
  • "I am thrilled to join SmartRent and am honored to share my expertise with a company that is disrupting the proptech industry," said Infurna.

Universal PropTech Signs Agreement to Deploy Strato Intelligent Building Solutions in Light Commercial and Multi-Unit Residential Buildings

Thursday, July 15, 2021 - 2:00pm

Chris Hazelton, President & CEO of Universal PropTech Inc. commented, "Building automation is at the core of our business, and access to Strato intelligent building solutions enables Universal PropTech to be far more competitive in light commercial and multi-unit residential buildings with immediate capabilities to integrate artificial intelligence."

Key Points: 
  • Chris Hazelton, President & CEO of Universal PropTech Inc. commented, "Building automation is at the core of our business, and access to Strato intelligent building solutions enables Universal PropTech to be far more competitive in light commercial and multi-unit residential buildings with immediate capabilities to integrate artificial intelligence."
  • UPI / VCI Controls has been a pioneer and leader in the Canadian Building Management Systems market dedicated to HVAC controls in commercial buildings."
  • Mid-size buildings, light-commercial and multi-unit residential buildings generally do not have building automation systems, thus are less energy efficient than large and enterprise-wide buildings.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.

Quext Buys Majority Stake in Fintech Viva Equity Creating Embedded Finance Opportunity in Multi-family Proptech

Tuesday, July 13, 2021 - 2:04pm

Quext , a smart building and property management platform built by multi-family and apartment industry experts, today announced its majority stake acquisition of Viva Equity .

Key Points: 
  • Quext , a smart building and property management platform built by multi-family and apartment industry experts, today announced its majority stake acquisition of Viva Equity .
  • For the Quext core platform, having the ability to utilize embedded finance technology opens the door for numerous innovations in the proptech space.
  • We treat finance as a right, not a privilege, said Jim Simpson, co-founder of Viva Equity.
  • In our mission to democratize technology solutions, the opportunity to leverage embedded finance across the Quext core platform is a tremendous advantage.

Stellar MLS Selects Remine and MoxiWorks as Real Estate Technology Partners

Tuesday, July 13, 2021 - 1:30pm

Remine , a leading real estate technology company, announced today their newly formed partnership with Stellar MLS and MoxiWorks to explore innovative solutions for Stellar MLSs nearly 70,000 valued customers.

Key Points: 
  • Remine , a leading real estate technology company, announced today their newly formed partnership with Stellar MLS and MoxiWorks to explore innovative solutions for Stellar MLSs nearly 70,000 valued customers.
  • The partnership enhances Stellar MLSs current product offering of Remine Pro, and further validates Remines modular approach to real estate technology solutions.
  • Following an 18-month collaborative search initiative driven by the experts at T360, Stellar MLS selected MoxiWorks and Remine as their partners to develop cutting-edge technology to solve the pain points todays real estate professionals experience throughout the digital real estate journey.
  • We are excited to announce this joint collaboration that will further the advancement of todays real estate professional, said Merri Jo Cowen, CEO of Stellar MLS.

Universal PropTech Grows Backlog to Approximately $6 Million

Monday, July 12, 2021 - 2:00pm

As of June 30, 2021, the Company's backlog stood at approximately $6 million, an increase of approximately $800,000 from previously reported at end of April;

Key Points: 
  • As of June 30, 2021, the Company's backlog stood at approximately $6 million, an increase of approximately $800,000 from previously reported at end of April;
    In comparison, UPI started fiscal 2021 with approximately $1.4 million or 19% less in backlog than the start of the previous fiscal year, and as of the June 30th, 2021, UPI is now approximately $1.5 million or 25% higher than same time previous year.
  • "Ten months into our year, and Universal PropTech continues to demonstrate a strong and growing backlog," commented Chris Hazelton, Chief Executive Officer, Universal PropTech Inc. "With no debt, cash on hand and a growing backlog, Universal PropTech is proving that this company is under-valued vs its peers."
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

Universal PropTech Signs Distribution Agreement with Alps Controls Inc. To Sell Air Sniper Indoor Air Quality Equipment Across United States

Friday, July 2, 2021 - 1:30pm

Chris Hazelton, President & CEO of Universal PropTech Inc., commented, "Just in time for July 4th celebrations, Universal PropTech is proud to announce our ability to sell Air Sniper indoor air quality products to the US market."

Key Points: 
  • Chris Hazelton, President & CEO of Universal PropTech Inc., commented, "Just in time for July 4th celebrations, Universal PropTech is proud to announce our ability to sell Air Sniper indoor air quality products to the US market."
  • Mr. Hazelton further stated, "We're excited to begin our presence in the US with trusted and high-quality products from Air Sniper to the US market."
  • "We see a long and growing relationship with Universal PropTech, and we'll build from this foundation."
  • Recent Investing New Network article cites the growing demand for indoor air quality equipment in North America.

REZI Appoints Jake Seid, Former President of Ten-X/Auction.com and Managing Director of Stone Bridge Ventures, to Advisory Board

Wednesday, June 30, 2021 - 7:00pm

NEW YORK, June 30, 2021 /PRNewswire/ -- REZI , one of the fastest growing Proptech companies in the country, today announces that Jake Seid, Former President of Ten-X and Managing Director of Stone Bridge Ventures, has joined their Advisory Board.

Key Points: 
  • NEW YORK, June 30, 2021 /PRNewswire/ -- REZI , one of the fastest growing Proptech companies in the country, today announces that Jake Seid, Former President of Ten-X and Managing Director of Stone Bridge Ventures, has joined their Advisory Board.
  • Mr. Seid brings over 20 years of experience as a prominent company leader and Proptech investor to REZI, with over 20 investments in the Proptech space.
  • "We are honored and excited to have Jake and his unparalleled industry expertise join our team."
  • "We have ambitious plans for the near future and Jake has already been instrumental in helping us navigate the evolving market environment."