Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
In what is being described as one of the largest commercial leases to be executed in Downtown Miami’s history, Adventist Health and Legacy Hotel & Residences have teamed up to bring a center for well-being to a skyscraper in Miami Worldcenter, a multibillion-dollar mixed-use project….
Wall Street Journal
With the latest wave of return-to-office delays from Covid-19, some companies are considering a new possibility: Offices may be closed for nearly two years. That is raising concerns among executives that the longer people stay at home, the harder or more disruptive it could be to eventually bring them back.
VentureBeat
Mark Zuckerberg let the public in on his “metaverse” ambitions just a few weeks ago, setting off a firestorm of discourse around the kinds of virtual worlds found in Snow Crash and Ready Player One — and what it would look like if Facebook created one in real life. Yesterday, we got a look at where the company is on this journey: a virtual conference room.
Real Estate News Exchange
Entrata’s only Canadian employee joined the firm less than three months ago, but the Utah-based property management software provider has big international growth plans.
Commercial Observer
One of the questions waiting to be answered in the “new normal” is the place that coworking will have in it. Not everyone can afford to rent office space for anywhere from five to 25 years.
CREtech
Lindsey Baker, a world renowned environmentalist, sits down with Michael Beckerman to discuss the major role that buildings play in global carbon emissions, and talk more about what steps the industry is currently taking to address the evolving climate crisis, while also addressing best practices organizations can take to future-proof their portfolios.
UKTN
London-based Edozo is a software platform providing mapping and market data to the property industry. Also, it is one of the fastest growing property technology platforms in the UK. Now, the company has secured £2 million from venture investors in the first half of 2021.
Wall Street Journal
Amazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.
CREtech
Miloš Halečka, Innovations Director at MiddleCap, stresses the importance of accurate data to understand how people utilize built spaces in order to create efficiencies and continue to evolve what it means to build sustainably.
The Real Deal
Two members of VTS’ C-suite bid the company farewell this week. Niall Smart, chief technology officer at the New York–based proptech firm, and Patrick Kehoe, chief operating officer, announced their upcoming departures at an all-hands meeting Thursday, citing personal reasons, according to Smart and VTS chief executive Nick Romito.
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