Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Pulse – Fatih Birol
This has been a grim year. A global pandemic and a brutal economic crisis have taken a heavy toll around the world. But in one important area – the speed of the shift towards cleaner energy – I see increasing grounds for optimism.
Bloomberg
Deutsche Bank AG told its New York City employees that they can continue working from home until mid-2021, in contrast to rival banks that are seeking to return staffers to offices.
Gensler
While the global health crisis has put many aspects of daily life on hold, it has also afforded time to pause, reevaluate, and reinvent. Our clients, for the most part, are holding. They are hesitant to spend capital on their current portfolios and some are waiting to invest in distressed properties. In the interim, they are looking to the design industry for the things they should be cognizant of as we start to build an evolved future with strong, equitable communities at its core.
Wall Street Journal
Six months after coronavirus lockdown orders closed workplaces across the country, most offices in the U.S. are still quiet. Data from Brivo, a company that provides access-control systems for workplaces, shows that “unlocks” at offices—when someone uses their credentials to enter an office—in late August were down 51% from the end of February. By comparison, visits to manufacturing and warehouse locations, where fewer jobs can be done remotely, remained down by a third.
Estates Gazette
The timing, says founder Ross Bailey, was “sort of poetic”. Days previously, the retail marketplace – which has seen triple-digit growth year-on-year since its launch in 2013 – was celebrating the close of a funding round more than triple the value of its last Series B raise with investors including JLL Spark, Octopus, Forward Partners, Meyer Bergman, Matthew Freud and Concrete VC. A week and a half later, everything Appear Here represents became precisely what the world was suddenly shying away…
Bloomberg
Mortgage lender LoanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrapping one at the last minute, according to people with knowledge of the matter. …
TechCrunch
Facebook wants to turn the Quest into more than a gaming device. Today, the company shared early demos of “Infinite Office” a new set of features that will bring solo productivity to the Oculus Quest.
PlaceTech.
The UK Green Building Council has published ‘Building the case for net zero: A feasibility study into the design, delivery and cost of new net zero carbon buildings’. Research by JLL showed that more sustainable buildings can have increased rental value of 6% to 11% and lower void periods.
Property Forum
Over 80% of industrial occupiers are asking about sustainable warehouse solutions and 60% of them would like their facilities to be green-certified, reveals Cushman & Wakefield in its Industrial Goes Green report on sustainability in the industrial sector.
Fifth Wall
In episode 26 of Fly on the Wall, Brendan connects with Chris Marquis, a professor at Cornell’s SC Johnson College of Business. The two discuss the ideas behind the B Corporation movement, how it has evolved since Chris began his work in 2007, and why much of the real estate industry has not yet caught on to the idea of stakeholder capitalism. They also delve into sustainability, covering the direct correlation and trade-off between economic growth and pollution, and the importance of measuremen…
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REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025