PropTech Real Estate StartUps Globally Raising Record Amounts Of Funding In Financing Rounds After $9.7 Billion Record First Half 2021 To Yesterday's $1.3 Million In Series A For Citics In Vietnam; Metrospaces (OTC:MSPC), A Leader In PropTech Real Estate, Is Offering Two Blockchain-Driven Platforms In MetroHouse And MetroCrowd

PropTech Real Estate StartUps Globally Raising Record Amounts Of Funding In Financing Rounds After $9.7 Billion Record First Half 2021To Yesterday’s $1.3 Mil-lion In Series A For Citics In Vietnam; Metrospaces (OTC:MSPC), A Leader In PropTech Real Estate, Is Offering Two Blockchain-Driven Platforms In MetroHouse And MetroCrowd

Posted November 2, 2021

In NASDAQ: BPYPM, NASDAQ: CRKN, NYSE: BX, NYSE: BXP, NYSE: DLR, NYSE: JLL, NYSE: KIM, NYSE: REIT AMT, NYSE: VNO-PL, OTC: MSPC

PropTech Real Estate startups are continuing to break records this year. From a $9.7 billion first half to more funding for PropTech startups in the second half. As recently as yesterday, Citics in Vietnam rang up another $1.3 million in a Series A round. PropTech is growing internationally. Metrospaces (OTC:MSPC) saw the trend early and is soon Beta testing its blockchain driven platforms for MetroHouse and MetroCrowd.

stockmarketpress.com features specialized coverage of related stocks including: Metrospaces (OTC: MSPC), Vornado Realty Trust (NYSE: VNO-PL), Blackstone Inc. (NYSE: BX), Brookfield Property Partners LP (NASDAQ: BPYPM), Blackstone, Inc. (NYSE: BX), Kimco Realty Corporation (NYSE: KIM), Boston Properties, Inc. (NYSE: BXP) American Tower Corporation Equity Lifestyle Properties, Inc. (NYSE: REIT AMT) and Digital Realty Trust (NYSE: DLR).

PropTech Real Estate StartUps Globally Raising Record Amounts Of Funding In Financing Rounds After $9.7 Billion Record First Half 2021 To Yesterday’s $1.3 Million In Series A For Citics In Vietnam; Metrospaces (OTC:MSPC), A Leader In PropTech Real Estate, Is Offering Two Blockchain-Driven Platforms In MetroHouse And MetroCrowd

PropTech real estate startups are thriving internationally and raising record levels of funding for record number of startups. According to a report by real estate powerhouse Jones Lang LaSalle Inc. (NYSE: JLL), real estate companies are finally embracing technology as an integral part of the industry. PropTech startups have raised $9.7 billion in the first half of 2021 and continuing to raise even more funding in the second half of the year.

The Report said that through PropTech real estate firms are finally catching up with the rest of the financial community. “The real estate industry has been one of the slowest adopters of technology, while other industries in the financial world have been embracing it to provide more opportunities and help investors make smarter decisions,” it said.

As a result, real estate firms are now making efforts to ‘catch up’ to the rest of the financial community. The number of PropTech startups has grown exponentially four-fold from 2,000 to 8,000. Brazil, China, India, U.K., and Germany are PropTech leaders. First is the U.S. for PropTech startups, it found.

They are using the startup money for computer power, analysis and connectivity. PropTech enables real estate companies to make presentations to investors in real time and identify potential opportunities. After a deal is completed, it can use blockchain, IoT and AI to create transparent agreements that permit equity participants to track movement of digital currency and follow up on how other players are correctly following through on payments and other commitments.

The trend continues. Yesterday, PropTech startup Citics raised $1.3 million in a Series A bridge round. Earlier it had raised $1.7 million for its startup.

All this is taking place in a red hot commercial real estate industry capitalizing on the downsizing of the pandemic lockdown. U.S. investors paid a record $193 billion in Q3 for commercial real estate (CRE). That’s 19% higher than the comparable period in pre-COVID 2019. As bond yields remain low, investors seeking an 8% return have seen opportunities in CRE. PropTech Real Estate StartUps Globally Raising Record Amounts Of Funding In Financing Rounds After $9.7 Billion Record First Half 2021 To Yesterday’s $1.3 Million In Series A For Citics In Vietnam; Metrospaces (OTC:MSPC), A Leader In PropTech Real Estate, Is Offering Two Blockchain-Driven Platforms In MetroHouse And MetroCrowd.

MSPC’s (OTC: MSPC) Oscar Brito, CEO, saw the importance of PropTech real estate early and acted on it. With MSPC’s tech-partner Shokworks — now also a significant minority equity partner — he embraced both co-living and cryptocurrency/tokenization. He employs those in MSPC’s blockchain-driven platforms MetroHouse and MetroCrowd.

These platforms are custom designed and proprietary-designed by Shokworks for MSPC.

MSPC’s key PropTech projects, soon entering Beta testing, are:

Metrohouse Co-Living is tapping into one of the strongest trends for millennials and GenZ in residential living — co-tenants sharing a turn-key hi tech facility in a desired urban area. This is more than about paying a reduced share of total rent. It is also about creating an eco-environment of like minded professionals — sometimes ‘nomad’ technical workers who can work anywhere. After a prolonged COVID-19 lockdown, potential co-living participants can now enjoy and live in a safe environment they seek in a vetted community they desire. In international residential co-living, MSPC’s project in the Dominican Republic — the first of three phases is now underway — illustrates how new construction can succeed in the PropTech eco-world.

Metrocrowd Tokenization is a platform for buildings offered to world class real estate principals on the platform. To these tokenized held assets, MSPC plans to offer profitable and unique assets on the new platform. One example case study may be the MSPC-acquired $3.85 million Houston office building. That building is currently in high-tech rehab. After rehab it will project the power of PropTech real estate. It builds increased valuation of standard office building after it is Smart rehabbed with the newest tech-forward applications and cutting-edge smart technology.

Rather than simply a concept or forward thinking, PropTech is already here. MSPC is offering the industry solid examples of how it can offer global investors, 3rd party owners and owner/developers of multi-family residential buildings, new ways to invest and hold asset value through tokenization. PropTech Real Estate StartUps Globally Raising Record Amounts Of Funding In Financing Rounds After $9.7 Billion Record First Half 2021 To Yesterday’s $1.3 Million In Series A For Citics In Vietnam; Metrospaces (OTC:MSPC), A Leader In PropTech Real Estate, Is Offering Two Blockchain-Driven Platforms In MetroHouse And MetroCrowd.

Chain of custody via blockchain in assets ensures all parties are aware that all agreements are executed precisely and properly. This builds confidence in the entire process, which is efficient. The platforms created by Shokworks — which also co-created Cryptobucks, the cryptocurrency processing app preferred by MSPC.

Both projects illustrate the impact of its new blockchain-driven platforms, enabling JV partners, principals, third-party developers to participate. MSPC can be a principal-to-assets company with tokenized assets on a crypto platform. Oscar Brito, CEO, in partnership with tech-partner and now significant minority equity owner partner Shokworks, is applying the new platform to transform the thriving real estate industry.

Learn more about MSPC at metrospaces.com, http://metrospaces.com/

www.metrospaces.io Learn more about Crown Electrokinetics Corp. (NASDAQ: CRKN) at https://www.crownek.com/

Source: Stock Market Press

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Nitin Harlalka

Nitin Harlalka is a Stock Market Press contributor who has covered financial market for close a decade. With a graduate degree in Economics, Nitin has been a freelance stock market and business journalist for a range of publications. Most recently, he has covered emerging industries such as cannabis and blockchain.