Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

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The Intergovernmental Panel on Climate Change’s latest assessment report is a “massive wake-up call” and property must lead in delivering urgent change, the UK Green Building Council has said.

TechCrunch
8/11/2021

Small and medium-sized construction businesses in Europe and the US tend not to be run on digital platforms, leaving a $1.6 trillion industry relatively untouched. publicly-listed Procore (NYSE: PCOR) is the go-to platform for large general contractors, but newer startups are going for this SMB construction market such as Sitemax, Sitemate, Fieldlens and Fieldwire.

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‘Shocking’ climate report ‘massive wake-up call’ for property

PlaceTech.
8/11/2021

The Intergovernmental Panel on Climate Change’s latest assessment report is a “massive wake-up call” and property must lead in delivering urgent change, the UK Green Building Council has said.

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Hybrid, Situational Solutions Ascend As Daily Attendance Dies: Bisnow Readers’ Thoughts On The Return To Office

Bisnow
8/10/2021

Five days a week at the office is dead, but 100% work-from-home isn’t going to replace it. The details of what will replace it are still to be worked out. Bisnow conducted a survey of 1,050 commercial real estate professionals in July, gauging how they feel about the return to the office now that it has begun, to one extent or another. On the central question of the future of work, Bisnow respondents skewed heavily toward the middle of the road, between going back to the way things used to be — …

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Location-Data Broker X-Mode to Be Bought by Digital Envoy

Wall Street Journal
8/10/2021

The location-data broker X-Mode Social Inc., which was kicked off the Apple and Google platforms last year over its national-security work with the U.S. government, is being acquired, the company told The Wall Street Journal.

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‘Flexibility Means Flexibility:’ New Precedents for Truly Flexible Workplaces

LinkedIn Pulse
8/10/2021

According to Marc Cenedella, CEO of Ladders, a job-search site for roles with annual salaries of at least six figures, companies are starting to leverage their flexible workplace policies to poach talent from other, less flexible companies.

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Self-driving cars would be nowhere without HD maps

AXIOS
8/10/2021

Self-driving vehicles may be loaded with sensors and artificial intelligence, but they’re limited without a really good map.

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NOW LIVE! Technology for Sustainability in the Built World, Part 3

CREtech+
8/10/2021

Brad Dockster, Founder & CEO of Green Generation, discusses how and when to incorporate technology to enhance health and safety measures.

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Meatpacking District going car-free permanently after COVID test-run

NY Post
8/10/2021

The streets of Manhattan’s touristy Meatpacking District are going car-free forever after Mayor Bill de Blasio closed them and dozens of others to regular car traffic during the height of COVID.

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How Douglas Development Turned 3 Former WeWorks Into Its New Coworking Brand

Bisnow
8/10/2021

After WeWork closed its three oldest D.C. locations in the midst of the coronavirus pandemic last year, the developer that owns all three buildings decided to use the spaces to launch its own coworking brand. …

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Compass revenue almost triples, but company lost $7M

The Real Deal
8/10/2021

The residential brokerage’s quarterly revenue jumped 186 percent year-over-year to $1.95 billion, the company reported Monday in its second-quarter earnings. Compass reported a net loss of $7 million for the quarter, an improvement from a loss of $84 million in the same period a year earlier.

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