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proptech

Few changes have been as noticeable in business and society as the technological developments of the last 15 years. New platforms and digital ecosystems have opened up huge new global opportunities. Within the shopping center industry, a whole new segment has emerged: The Proptech sector. Peter Tonstad, CEO of Placewise, looks back, explains the most important developments, and reveals the biggest challenges facing retail real estate.

Chainels has announced that it has closed a Series-A funding round, raising close to 3 million euros from Aconterra and Capricorn Partners via their Capricorn Digital Growth Fund to enhance visibility in the European proptech market.

Chainels, the tenant experience platform, has launched in two travel hubs across Europe, leveraging its retail expertise to expand into a new sector. Utrecht train station, run by NS Stations Retailbedrijf a subsidiary of the Dutch national rail company Nederlandse Spoorwegen (NS), and Vienna International Airport will both use Chainels’ digital platform to improve communication with retailers and service providers.

Meeting customer expectations for omnichannel experiences is key to the success of the mall of the future, argues Peter Tonstad in his PropTech column. His company, Placewise, is heavily investing in products in order to address the longer-term expectation that shopping centers will become true omnichannel offerings.

Retail real estate is facing tough times as we close in on the prospect of a long, cold winter. Amidst the impending energy and economic crisis and an escalating threat resulting from a war in Europe, for many, the fear is here. Investor insecurity is high, and property owners are wary of fuel and finances running into scarce supply. However, as we have learned from the COVID-19 pandemic, where there is a challenge, there is also an opportunity.

At a time of record high inflation and rising interest rates, consumers are expected to spend less on virtually everything for the foreseeable future. Naturally, companies are focused on operational efficiency and cost cutting. Both investment and innovation are often deferred or postponed.

TWICE is a tech incubator for a fast-paced ecosystem of start-ups and scale-ups in Eindhoven. They have five buildings situated across two locations, which together comprise a community of 150 companies. Their mission is to connect companies within the tech industry and drive innovation.

Landlords, tenants, and service providers have to collaborate with each other in order to create the best customer experience. Data helps when it comes to making better decisions. PropTech enables landlords to connect using such data.

Redevco appointed Elsbeth Quispel in the newly created role of Head of Innovation. She will be reporting to recently appointed Redevco Board Member Marrit Laning, who is responsible for Strategy & Innovation. Elsbeth will be driving the company’s PropTech strategy and broader innovation journey.

A turning point in BSS’s (Building Support Services) evolution occurred in 2015, when it became part of Reiwag Facility Services GmbH, its Vienna based major shareholder. With a new management, the company extended their client portfolio, now managing a total area of more than 3.5 million sq m in approximately 300 buildings.