Friday 23 March 2018

Over 3 million sqft of Commercial space designed by Foyr technology

Best blog : NewsPatrolling.com : Breathing new life into prop-tech space, Foyr, a leading market player in the same, has recently managed to showcase more than three million square feet of commercial space using its proprietary technology.  Taking their 3D-enabled property portfolio a notch higher, this space will give a realistic preview to clients regarding the commercial space. Pioneering virtual reality and real-time market intelligence to provide visualization solutions to builders and the real estate, Foyr is applying innovation and technology to shape and showcase their ideas and give their customers a truly immersive 3D experience. Keeping in mind the scope of the global stage as well, Foyr possibly has the world’s largest 3D test fit portfolio under its name.
3D visualization is rapidly becoming an effective way to communicate ideas. With the application of cutting-edge technology, this prospect is not only immersive, interactive, explorative but an overall experience. Tenants looking to lease new commercial space can actually deduce space accuracy, be more proficient in reviewing and selecting, and gain other detailed experiences of a building that does not yet exist.
Speaking about the move, Shailesh Goswami, founder & CEO, FOYR, said, “ Prop-tech is no longer about just seeing the empty space, but about feeling the real space. Using Foyr technology, prospective buyers and tenants can not only visualize how space will look when it is occupied but also how it would meet the increased future needs after 3 years.”
Recently, Foyr raised secured $3.8 million through Series-A funding led by renowned property consultancy firm Jones Lang LaSalle (JLL) and joined by a clutch of individual investors. The funding enabled deeper integration of Foyr’sproprietory technology in real estate projects and expansion of the brand in global markets. With the active extension of Foyr’s footprint into three continents, the company plans on expanding it to the US and Europe as well.

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