EXCLUSIVE: WeWork Backer SoftBank On Its Disruptive Real Estate Push
No company in the world may be having a bigger impact on real estate right now than SoftBank.
The Japanese telecoms giant has made a series of massive bets on companies that are disrupting the sector, via its tech-focused $100B Vision Fund, and using its own balance sheet. The aim of its founder, Masayoshi Son, is to invest in companies and technologies that will change the world, and property and construction are playing a huge part in this.
SoftBank and the Vision Fund have invested around $10B in WeWork, the flexible office company now valued at $47B that is branching out into the worlds of co-living and education. It is the lead investor in digital residential sales platform…
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What The World's Biggest PropTech Investors Want From Startups
PropTech had a big year in 2018, with investment in the sector just shy of $20B, a 38% increase on 2017, according to Venture Scanner.
What is getting investors in the sector excited right now, and where is the sector headed? Bisnow asked three of the world's biggest PropTech investors what they are looking for from startups and their key trends for 2019. All three will be speaking at the FUTURE:PropTech event in London in May, for which Bisnow is a media partner.
Brendan Wallace, Fifth Wall Co-Founder And Managing Partner
Bisnow: Give us a quick overview of your investment thesis.Wallace: Fifth Wall has a top-down investing model of raising capital from the largest buyers and potential users of real estate technology in order to directly address their needs, and mitigate the…
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A Decade On, HBOS' Joint Venture Arm Is Making Money For Lloyds Again
Almost exactly 10 years ago, Lloyds TSB completed a deal to buy troubled Scottish bank HBOS at the government's behest. The deal would prove disastrous for the acquirer. In the period that followed, Lloyds racked up billions of pounds of…
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Intu Turns To Housing As Shopping Centre Valuations Slide
First the retail revolution consumed the department stores: Are the landlords that banked on these stores becoming a delicious second course?
Names like BHS that once filled thousands of square feet in Britain's regional shopping centres are no more, and others…
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