The Next Big Thing in Commercial Real Estate with Gordon Smith

| March 14, 2016

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Since launching Ten-X in January, we’ve been busy getting Ten-X Commercial and Ten-X Homes ready to make their big debut at SXSW® Interactive in Austin Texas. To learn more about the latest updates to Ten-X Commercial we sat down with our Commercial General Manager Gordon Smith, to talk about the new products, big data, and the future of CRE. It’s fairly simple. Some of our larger customers kept asking for other ways to transact real estate on our platform outside of the auction mechanism. Unlike other luxury items, real estate auctions are viewed to be for distressed assets so we began to develop products that offered our customers more flexibility with their transactions. Once we had fully developed a new suite of transactional products, it became obvious that it was time to change our name to reflect our new direction.

Spotlight

DAMAC Properties

For over a decade, the rich and diverse real estate portfolio of DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market. With an enduring passion for design and quality, the company has built a reputation for creating some of the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon. Established in 2002, DAMAC Properties has completed almost 15,800 units and currently has a development portfolio of over 44,000 units at various stages of planning and progress. DAMAC Properties' hospitality portfolio will extend to reach around 13,000 units of hotel rooms, serviced hotel apartments and serviced villas.

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Article | March 4, 2020

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Proptech now disrupting the marketplace ranges from artificial intelligent, automation and smart buildings to the use of big data, blockchain and cloud-based computing. Proptech, a portmanteau from “property technology”, is used to describe any technology for the real estate space. These days, it is a common phrase recognised by real estate professionals to define property-specific innovation. Proptech addresses fundamental questions of how users experience and extract value from real estate. Whether it’s planning or construction, renting or buying, management or selling, the Proptech ecosystem is increasingly comprehensive—and competitive.

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Spotlight

DAMAC Properties

For over a decade, the rich and diverse real estate portfolio of DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market. With an enduring passion for design and quality, the company has built a reputation for creating some of the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon. Established in 2002, DAMAC Properties has completed almost 15,800 units and currently has a development portfolio of over 44,000 units at various stages of planning and progress. DAMAC Properties' hospitality portfolio will extend to reach around 13,000 units of hotel rooms, serviced hotel apartments and serviced villas.

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