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Despite achieving $3.7 billion in savings by rejecting and amending leases, WeWork is still grappling with financial strain as talks for further concessions continue. The co-working company, currently in chapter 11 bankruptcy,...
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The White House and the U.S. Department of Energy (DOE) have unveiled a draft national definition for zero-emissions buildings, marking a significant step toward aligning the building sector for greater emissions reduction. Th...
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In 2024, the economic landscape is set to be shaped by geopolitical conflicts and major elections, creating unpredictability in interest rates. Lower-demand assets, particularly urban offices, will experience rising cost press...
Reimagine the Built World at Europe’s Leading Real Estate Innovation and Sustainability Conference & Expo
New York, NY (January 23, 2024) — CREtechThanks for keeping up with the CREtech Community in the News! For more news, follow us on Linkedin.
Entering 2024, the real estate landscape faces challenges arising from the prolonged impact of higher interest rates and market complexities. Key considerations include:
Interest Rates: The industry grapples with the en...
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New York-based property developer RXR, led by CEO Scott Rechler, is launching a $1 billion fund in partnership with Ares Management to invest in distressed office buildings in the city. The move signals a potential shift in th...
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CBRE Group, Inc. (NYSE:CBRE) and Brookfield Properties have formed a strategic partnership to enhance tenant satisfaction and optimize property performance. The collaboration involves CBRE providing comprehensive property mana...
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Starwood Capital Group has announced the launch of Starwood Digital Ventures, a platform dedicated to the firm's expanding global data center investment strategy. With approximately $8 billion committed to data center developm...
