Welcome to Silicon Allee: the new global tech hubs

Tech titans are attracting the world’s brightest talent, creating a concentration of wealth and investment in new city hubs. So much so that buyers intending to purchase a property over the next few years would be wise to invest in a place where one of the neighbours is an internet superstar. Or studying to become one. Research carried out by international estate agents Savills suggests that prices in its 30-strong list of “tech cities” will rise nearly twice as rapidly as those in their global counterparts.

Some tech cities, of course, have fared better than others, and Singapore has been one of the world’s clear winners. With its high quality of life and reputable universities – Nanyang Technological University and the National University of Singapore stand sixth and eighth respectively in the QS World University Rankings for engineering and technology – it remains very popular with investors looking for the

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Realty investor grabs Milpitas apartments near tech hubs

MILPITAS — A veteran real estate investor with a national reach has bought a big apartment complex in Milpitas, a deal that points to ongoing strong buyer interest in the Silicon Valley housing market.

Victorian Square, an apartment complex in Milpitas, has been bought by an affiliate of Klingbeil Capital Management, a real estate firm with a San Francisco office and roots in Ohio, according to public property and business records.

The 96-unit Victorian Square, located at 2021 N. Milpitas Blvd. in Milpitas, was bought for $36.3 million, property records filed with Santa Clara County officials on Oct. 2. show.

Located near tech hubs in San Jose, Milpitas, and Fremont, the apartment complex appears to be in strong demand from renters. The apartments.com website states that none of the units in the complex are available for rent.

Investors appear to hunger for apartment complexes throughout Silicon Valley and the East

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The World’s Largest Climate Tech Hubs

20201002_Climate_Tech_IBT VC funding raised by climate tech startups headquartered in the following cities from 2013-2019 Photo: Statista/IBT

With heatwaves, droughts, and other extreme weather events becoming more frequent and wildfires wreaking havoc across the globe, the consequences of climate change are becoming more and more visible. And while the calls for more sustainable solutions to many aspects of our everyday lives are growing louder, large established companies often struggle to make bold, radical changes, paving the way for startups to innovate and re-think the way things are done in a given industry. Tesla is possibly the best example of a fast-moving upstart beating industry heavyweights at a game it shouldn’t be winning, considering the goliaths it is up against.

According to a recent report from PwC, venture capital investment in “climate tech” startups, including companies from a broad range of sectors tackling the challenge of decarbonizing the global economy, has risen

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These Up And Coming Tech Hubs Are Having A Moment With Israeli Tech

Up until a few months ago, it was an all familiar path. Israeli founders team up to create a technology that solves an existing problem in a big market, and immediately look to expand to either New-York or Silicon Valley in the search for US funding, customers and talent so they can build a global business. This is a model that’s been proven time and time again, with much success. In fact, it’s been so successful that Israeli tech has changed its nickname from Startup Nation to Scale-Up Nation. Then, Covid-19 hit and everything changed. 

Suddenly, these US tech hubs aren’t quite as attractive. NYC suffered a major economic hit as many fled

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