The massive global shift to remote work since the pandemic began has led to some upsides: More flexibility, no commute, more comfortable pants. But those who sense this grand experiment in working from home also comes with plenty of downsides — longer days, more meetings and more email to answer — are now backed up by d...
Lauren, Author at CREtech | Page 203 of 287
One of the leading causes for concern is net absorption, which in the second quarter fell into negative territory for the first time in a decade. For those who are in the office sector, one of the global leading real estate companies has two words to embrace if they want to adapt and succeed: flexibility and choice.
The world’s biggest coworking companies are starting to close money-losing locations across the globe, signaling an end to years of expansion in what had been one of real estate’s hottest sectors. The retreat reflects an effort to slash costs at a time when the coronavirus is reducing demand for office space, and perhaps for years to come. It also shows how bigger coworking firms, in a race to...
The importance of a comfortable, healthy and engaging workplace has been thrust into the spotlight during this global pandemic. People understandably want to work in an environment where they feel safe. Now, Indoor Environmental Quality (“IEQ”) is more important than ever. IEQ is simply the conditions occupants experience within a building, particularly those related to health and wellbeing,...
It's not just emotional buying, real estate agents say: There are smart and strategic reasons that Americans of all ages, races and incomes are moving away from urban centers. Why it matters: Bidding wars, frantic plays for a big suburban house with a pool, buying a property sight unseen — they're all part of Americans' calculus that our lives and lifestyles have been permanently changed by ...
Airline and hotel executives don’t ask themselves whether corporate travel will be permanently reduced due to Covid-19. They ask themselves by how much—and the forecasts look scary. While tourism is making a timid comeback, business travelers are still nowhere to be seen. In the last week of July, itineraries purchased by corporations were down 97% from a year earlier, according to
A handful of warehouse robots helped American Eagle Outfitters Inc. cope with a flood of online orders during coronavirus lockdowns as consumers loaded digital shopping carts with hoodies, leggings and loungewear. Now the company is stepping up its use of automation. The company is installing 26 more...
The build-to-rent developer, operator and owner has announced a partnership with technology provider Utopi to build a complete digital infrastructure and optimise smart building technology across its development portfolio. Moda said it intends to become the “first truly vertically integrated, tech-enabled BTR company” and the move would “set a precedent for other players in the space....
Recreational Equipment Inc. is looking to sell its custom-made new headquarters and allow employees to work from home or other offices, the latest sign that the pandemic is driving companies to ditch central offices to raise cash. The retailer, known as REI, was poised to open the new Seattle-area headquarters this summer after creating a unique building that reflected the company’s outdoorsy ...