Smart Buildings

$4.4 Bn Softbank Investment Will Change The Way WeWork

Modern office concept WeWork announced a $4.4 billion investment last week to expand their innovative co-working and co-living business to the Asia-Pacific and across the world. The $4.4 billion investment from the SoftBank Group and the SoftBank Vision Fund will not only bring about more WeWork co-working spaces in new markets, it is also the strongest sign yet that the co-working phenomenon represents the next evolution for the workplace. Founded in New York in 2010 by Adam Neumann and Miguel McKelvey, WeWork defines its mission as “to help create a world where people work to make a life, not just a living.” The substantial investment will accelerate WeWork’s ability to connect more people to WeWork's global community, which currently stands at approximately 150,000 members, as well as expanding WeWork’s presence across the globe beyond its current 160 physical locations in over 50 cities and 16 countries. “Driven by Adam's superior vision and his highly talented […]

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Mapping the strategy of Allegion in the Smart Building and PropTech Space
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Mapping the Strategic Direction of Allegion in the Smart Building & PropTech Space

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Daikin Collaborates with Startups in the Smart Buildings Space

Headquartered in Tokyo, Japan, Daikin Industries Ltd, is the global No. 1 air conditioning manufacturer, with over 88,000 employees, 100 production sites, and more than $27 billion (3.1 trillion Japanese yen) in sales across the 170 countries in which it operates. Through joint development with partner companies that include customers and startups, the company is […]

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