What is the full form of NREP

Smart Building Investors

Analyzing more than 4,700 corporate earnings conference calls, Bloomberg found that at least 1 in 8 companies around the world are mining real estate in response to the pandemic. This applies to both offices and branches. Meanwhile, the vacancy rate in Manhattan is already 13% (the highest level since 2003) and in cities like Chicago and Los Angeles it is over 20%.

Meanwhile, smart startups are finding ways to capitalize on the general urban exodus, where business closings are followed by home moves. A current example: The startup AlphaFlow, which buys real estate loans from lenders, is now also selling mortgage-linked securities, which are used in particular for “house flipping”, in which real estate is bought, renovated and sold again as quickly as possible.

Ideally, all those involved in a property over its entire life cycle work together smoothly. Two PropTechs that make this possible digitally - Propster from Austria (more focused on the development phase) and Animus from Germany (more focused on the usage phase) - have now decided to cooperate and will be held on February 18 at 4 p.m. in a joint webinar talk about their vision and a real-world use case. Register here for free.

In the current market environment, the need for healthy buildings is greater than ever. If you are a building owner and want to understand how to balance the health and wellbeing of your employees with much-needed cost savings, increased revenue and sustainability goals, attend the Smart & Healthy Buildings Summit in March. Friends from my network receive a 20% discount on the standard price. Just click on this link and use the code SHBJA20.