Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech
June 15, 2021 — CREtech (cretech.com), the largest media company devoted to covering the real estate technology sector, announced that its CREtech Consulting Practice has been supporting the world’s top real estate firms to generate significant returns on investment by adopting tech solutions within their portfolio.
TechRepublic
Robin, the desk-booking software, conference room scheduling and data analytics company, said on Monday that the U.S. had a 40% increase in the total number of employees who worked from the office at least once compared with April 2021. According to the third iteration of Robin’s Return-to-Office tracker series, the employee bounce, which measures the percentage of employees who visited their office once during the month and never returned, only climbed 2% to 12%, which the company said meant mo…
GlobeSt
The drones are coming. And they’re going to force warehouses to change, according to a new report from JLL. While warehouses have gone through little change over the years, Ashley Smart, EMEA logistics development director at JLL, says that buildings will need to “accommodate drones in just a few years if technical and regulatory progress continues at its current pace.”
The Real Deal
A European co-living company is making a push to scoop up properties in New York City. Since the Belgium-based firm, Cohabs, closed on €58 million, or $70.2 million, in funding this spring, the firm has started scouring New York for small vacant buildings that could be outfitted as co-living properties with between 10 to 30 bedrooms, according to its executives.
The Wall Street Journal
Executives at some of the world’s largest technology firms are leaving prime jobs to join startups that build communications and collaboration tools, a market expected to skyrocket as more businesses settle into hybrid work arrangements.
The Wall Street Journal
Companies are racking up hefty bills as they invest in new facilities and products to reduce emissions or meet other targets, hoping for a payoff down the road.
The New York Times
Less than a decade ago, the economic malaise in Rocky Mount, N.C., was tangible. Rocky Mount Mills, a big cotton mill that had given the town its identity, had shut down in 1996, costing the area hundreds of jobs. Downtown was deserted. Nobody was hiring. Now, the mill is a bustling complex with restaurants and breweries. It has a small hotel composed of tiny houses on wheels, a wide lawn where concerts regularly take place and a Wiffle ball field. …
Fast Company
In the Brooklyn neighborhood of Crown Heights, nearly 40% of low-income households don’t have internet access. It’s a challenge across many parts of New York City that became especially apparent during the pandemic, when many children were loaned laptops for distance learning but couldn’t log on to use them. But some affordable apartment buildings in the area will soon begin offering free Wi-Fi—funded through solar power on the roof.
CREtech+
Lee Odess, Founder and CEO of Group 337 lays the groundwork for re-imagining commercial real estate and the way in which people interact with it, and what he’s most excited about from a technology perspective.
Lerner Associates
Yardi Systems, a global leader in real estate software solutions, announced today their acquisition of Forge (We Are Forge), a Bristol, UK based provider of visitor management and access control solutions to the commercial real estate, retail and higher education industries.
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