CoStar revenue soars 19% after year of acquisitions

CoStar Group’s revenue soared to $1.66 billion in 2020, as the pandemic pushed more people to shop for real estate online, the company reported Tuesday. While earnings rose 19 percent, the real estate data giant’s profits sunk thanks to the coronavirus closures in the spring.

Looming EU green finance regulation: Implications for commercial and corporate real estate

On March 10, the most sweeping regulation of green finance and sustainability practice ever promulgated the European Union will take effect, raising burdensome new demands on asset managers, ETFs, mutual funds and other financial players, with important implications for owners and operators of large real estate portfolios. In an echo of its precedent setting 2018 data privacy regulation, which forced global corporates to comply even if they were domiciled outside the EU, the upcoming Sustainable…

BlueSuit Launches ExtractAPI to Unlock Information in Real Estate Transaction Documents

The platform helps the real estate industry retrieve data from important transaction documents, including rent rolls, property offering memorandums, title documents and purchase and sale agreements across 1000’s of formats.  Real estate professionals will be able to integrate this information directly into their workflow and datasets, using BlueSuit’s ExtractAPI™. DENVER CO – BlueSuit announces the public launch of its ExtractAPI™ platform.  This cloud-based service empowers real estate profes…

Booking rooms is just the tip of the iceberg. Bring your flexible workspaces to life. 

Flex is about more than just space-on-demand—it’s about community, experience, and making the workplace a place to be. Lane makes it easy to manage your perks, events, amenities, and just about every other touchpoint you can think of.

Rogers expands 5G service across Canada

Lime unveils new ebike as part of $50 million investment to expand to more 25 cities

Lime said Monday it has allocated $50 million toward its bike-share operation, an investment that has been used to develop a new e-bike and will fund its expansion this year to another 25 cities in North America, Europe, Australia and New Zealand.

Anyone Who’s Anyone Has a SPAC Right Now

In simpler times, famous-people-turned-entrepreneurs bought wineries or invested in car dealerships — or simply created multi-billion-dollar lifestyle companies on the strength of their family brand.

Experiential Retail Isn’t Going Away. It’s Just Changing Its Look

Macy’s officials have discussed at great length measures to improve revenues, including investments in their online shopping experience, closing underperforming stores and the launch of a new experiential store format. The retailer during its Feb. 23 Q4 2020 earnings call shared plans to launch a new concept, Market by Macy’s, an experiential, smaller-format store that would go into lifestyle centers. There are now two near Dallas….

Address not applicable: What happens to the HQ in the remote-work age?

When a company prepares to go public, it submits to the SEC a document known as the S1, which details its business, financials, risks and opportunities. On the first page is a field for the location of its headquarters. Some of these addresses have become legendary: 1600 Amphitheatre Parkway (Google); 1601 Willow Road (Facebook); 345 Park Avenue (Blackstone).

Going Flex: A Guide for CRE

In this report, we explore how leaders in commercial real estate can go beyond room bookings to create a thriving flexible workspace offering that keeps customers coming back.