MORNING NEWS: Smart cities, explosions and exits

In the new this morning, following an explosion in investment in real estate technology companies over the past five years, EG brings you some insight into the frustration behind proptech investment.

Also from EG today, one of the founding partners of niche retail agency GCW, is set to retire after 30 years at the firm. Click here for more.

And EG speaks to the former chief information officer of San Francisco and chief technology officer of New York and now executive vice-president of global cities for Mastercard, Miguel Gamiño, who explains how his plethora of roles stand him in good stead when it comes to understanding what makes a people-centric city.

EG Highlights: How tech will shake up the future of Dubai’s real estate

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Will private capital solve the social housing crisis?

City Pub Group eyes more hotel rooms as sales soar

Goldman in talks to buy PAI’s B&B Hotels for €1.9bn

Restaurant numbers heading south with the boom at an end

Foxtons appoints new finance chief as London sales hit record low

Retail crisis set to wipe billions off value of landlords’ portfolios