23 Million Remote Workers Are Moving To Cheaper Places To Live

As remote work becomes a more permanent experience for a large part of the U.S. workforce, as many as 23 million people might move in the near future because they now can work anywhere, according to a new survey by Upwork.

Building Automation System Market Expected to grow to USD$121.5B by 2024

The building automation system (BAS) market is one of the fastest growing product types in the commercial real estate industry. The industry is expected to grow from $75B in 2019 to $121.5B by 2024 at a 10.1% compounded annual growth rate (CAGR).

10 of the Best Retail Data Tools

We asked a panel of experts to name their favourite innovations for footfall and audience insight to help retail property players. Here’s their pick.

18-Hour Cities, Remote Work And More Emerging Trends That Will Shape Real Estate In 2021

The Urban Land Institute and PwC US have released a new report, Emerging Trends in Real Estate 2021, highlighting the evolving trends shaping the real estate industry.

Real Estate Investors Expand Models for Climate Risks

Kathleen Stubbs new JLL CIO

Former Knight Frank exec, Kathleen Stubbs has joined large property group, JLL as its new chief information officer. Stubbs replaces Andrew Clowes, who left the organisation in 2019 after being CIO for 10 years.

Alibaba’s Secret Three-Year Experiment to Reinvent the Factory

After helping more than a million brick-and-mortar Chinese retailers modernize their operations, Alibaba Group Holding Ltd. has now set its sights on a new target: the country’s outdated factories.

JLL And CBRE Make Budget Cuts

The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. JLL and CBRE recently made layoffs and budget cuts to trim costs as revenues from business lines such as office leasing and property sales continue to dwindle, according to sources and company disclosures….

America’s Malls Under Pressure: CBL, Pennsylvania REIT, File for Bankruptcy

Mall owners CBL & Associates and r Pennsylvania Real Estate Investment Trust have filed for Chapter 11 bankruptcy protection, highlighting the pressures the retail real estate industry is facing because of the coronavirus pandemic….

Tech Startups Rethink Office Space and Culture

New York City tech startups are reacting to the workplace upheaval caused by the coronavirus pandemic by subletting their spaces, breaking their leases and negotiating lower rents.