Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
The return to the workplace has been slower than many office owners expected, leading them to consider costlier measures to make employees feel comfortable entering their buildings.
PlaceTech
Two months ago, we presented a demo of our 3D showcasing solution for the first time for an audience of hundreds of people. This was Pi Labs Demo Day 2020, the final event that marked our intense journey in the acceleration programme.
TechCrunch
Riff, a London-based startup developing what it describes as a “voice-first” chat tool for remote working, has raised $1.5 million in seed funding, prior to a full launch next year.
The New York Times
Yellowed newspapers. A mouse who met its end on a glue trap. Wilted plants. These were the scenes we photographed this summer at three New York City offices — including our own — amid a pandemic that has left millions of people out of work and millions more working from home. So what does the future hold for the office and the workers who once inhabited it?
Politico
Many workers are desperate to get back to the office. In Zoom meetings and socially distant conference rooms all over Wall Street, senior executives are trying to map out a post-Covid world. Or at least a late-Covid world. A big piece of these discussions is figuring out how many of the tens of millions of employees currently working remotely need to return to the office.
TechCrunch
Commercial electric vehicle startup Xos Trucks has raised $20 million, funding it will use to ramp up production ahead of potential new demand fueled by a landmark emissions rule adopted by California that will require more than half of all trucks sold in the state to be zero-emissions by 2035.
Axios
Airbnb said Wednesday that it confidentially submitted paperwork to the Securities and Exchange Commission to go public. Why it matters per Axios’ Dan Primack: Airbnb had been widely expected to go public earlier in the year, but paused when the pandemic incapacitated global hospitality. What’s still unknown is how much the company has rebounded since this spring and whether investors will effectively give the company a mulligan for 2020….
Wall Street Journal
Nimbus Therapeutics used to cater lunch for its entire staff three times a week at its Cambridge, Mass., headquarters—a hip place where the taxidermied office moose has its own Instagram account. Employees got plenty of branded swag, and enjoyed perks such as company-paid spa treatments.
Wall Street Journal
Mall owner Simon Property Group is pursuing an unorthodox business strategy, smashing the foundation of the traditional industry model on the one hand while trying to glue certain elements of it back together with the other. Simon has been in talks with Amazon.com Inc. to convert department stores into warehouse distribution hubs, say people familiar with the matter, an innovation that could plug large holes filled by ailing tenants such as Sears Holdings Corp. and J.C. Penney Co. But the move w…
Bisnow
Commercial real estate brokers and market experts believe the coronavirus has fundamentally shifted the leasing market to unfamiliar territory, and it is time to begin thinking about creative ways to reposition retail, restaurant, hotel and office properties that are at risk of losing tenants permanently.
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