Colliers Proptech Alum Step Up to Covid-19 Challenge

Commercial real estate firm Colliers International has pushed back its 2020 Proptech Accelerator class to 2021 because of health and safety concerns over the novel coronavirus pandemic, but it said tech startups from its two earlier classes have already developed virtual tools to help the commercial real estate industry navigate the pandemic’s impacts.

One portfolio company, Basking, for instance, uses AI and WiFi to provide real-time occupancy monitoring of workplaces so employers can ensure their employees are maintaining safe distances and optimize cleaning services according to real-time utilization. Another, FastOffice, gives brokers a virtual office walk-through tool, so that tenants can review and edit floor plan layouts and seat configurations in real time.