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PropTech Update - April 2021 | Allen Matkins

Focus Commercial Property Executive – March 30 WeWork’s second stab at going public highlights the growing popularity of special purpose acquisition vehicles in the real estate industry. Not long after the flexible office giant revealed plans to merge with BowX Acquisition Corp, in a deal that values WeWork at about $9 billion, Bloomberg reported that property technology startup Knock is also eyeing a plan to go public, with a SPAC merger as one option under consideration. PropTech firms are the among the most popular targets for a burgeoning array of SPACs, also known as “blank check” companies public entities that are formed to buy existing firms and take them public. SPAC IPOs have attracted $96.7 billion in 2021 to date, up from $83.3 billion in all of last year and $13.6 billion in 2019, according to

Telesat seeks to raise US$500M in secured note offering | Ottawa Business Journal

Ottawa-based Telesat says it intends to issue US$500 million worth of new secured notes as it ramps up production of its multibillion-dollar fleet of low-Earth orbit satellites. The satellite equipment provider said Tuesday that proceeds from the planned offering to institutional buyers will help finance Telesat’s Lightspeed satellite program. The ambitious project will eventually see nearly 300 low-Earth-orbit satellites circling the globe.  Stationed between 1,000 and 1,300 kilometres above Earth, the satellites are designed to deliver broadband internet speeds comparable to those offered by fibre-optic networks.  Unlike some of its competitors, Telesat’s satellite network won’t deliver broadband connectivity directly to consumers. Instead, it will provide “backhaul” connections to enterprise customers such as internet service providers, airlines and cruise ship operators, who will then send the signals over their own networks.

farmlandgrab org | Australia: Unnamed European pension fund backs Warakirri farmland fund

farmlandgrab org | Australia: Unnamed European pension fund backs Warakirri farmland fund
farmlandgrab.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmlandgrab.org Daily Mail and Mail on Sunday newspapers.

farmlandgrab org | Australia: Unnamed European pension fund backs Warakirri farmland fund

farmlandgrab org | Australia: Unnamed European pension fund backs Warakirri farmland fund
farmlandgrab.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmlandgrab.org Daily Mail and Mail on Sunday newspapers.

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