News Archives | Page 381 of 1015 | CREtech

Airbnb’s losses balloon to $4.6B in 2020

Lauren March 02, 2021
Despite the luster of its eye-popping IPO, Airbnb reported a $4.6 billion net loss in 2020 in its first earnings report as a public company. The hospitality startup, which is banking on a travel rebound, generated $3.4 billion in revenue last year, a 30 percent year-over-year decline.
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CoStar revenue soars 19% after year of acquisitions

Lauren March 02, 2021
CoStar Group's revenue soared to $1.66 billion in 2020, as the pandemic pushed more people to shop for real estate online, the company reported Tuesday. While earnings rose 19 percent, the real estate data giant's profits sunk thanks to the coronavirus closures in the spring.
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Looming EU green finance regulation: Implications for commercial and corporate real estate

Lauren March 02, 2021
On March 10, the most sweeping regulation of green finance and sustainability practice ever promulgated the European Union will take effect, raising burdensome new demands on asset managers, ETFs, mutual funds and other financial players, with important implications for owners and operators of large real estate portfolios. In an echo of its precedent setting 2018 data privacy regulation, which for...
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BlueSuit Launches ExtractAPI to Unlock Information in Real Estate Transaction Documents

Lauren March 02, 2021

The platform helps the real estate industry retrieve data from important transaction documents, including rent rolls, property offering memorandums, title documents and purchase and sale agreements across 1000’s of formats.  Real estate professionals will be able to integrate this information directly into their workflow and datasets, using BlueSuit’s Extrac...

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Booking rooms is just the tip of the iceberg. Bring your flexible workspaces to life. 

Lauren March 02, 2021
Flex is about more than just space-on-demand—it’s about community, experience, and making the workplace a place to be. Lane makes it easy to manage your perks, events, amenities, and just about every other touchpoint you can think of.
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Rogers expands 5G service across Canada

Lauren March 01, 2021
The company has rolled out the service to 10 more cities and towns in British Columbia, Quebec and Ontario and has joined the Future of Cities collaborative to develop 5G smart city solutions.
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Lime unveils new ebike as part of $50 million investment to expand to more 25 cities

Lauren March 01, 2021

Lime said Monday it has allocated $50 million toward its bike-share operation, an investment that has been used to develop a new e-bike and will fund its expansion this year to another 25 cities in North America, Europe, Australia and New Zealand.

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Anyone Who’s Anyone Has a SPAC Right Now

Lauren March 01, 2021

In simpler times, famous-people-turned-entrepreneurs bought wineries or invested in car dealerships — or simply created multi-billion-dollar lifestyle companies on the strength of their family brand.

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Experiential Retail Isn’t Going Away. It’s Just Changing Its Look

Lauren March 01, 2021

Macy’s officials have discussed at great length measures to improve revenues, including investments in their online shopping experience, closing underperforming stores and the launch of a new experiential store format. The retailer during its...

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Address not applicable: What happens to the HQ in the remote-work age?

Lauren March 01, 2021
When a company prepares to go public, it submits to the SEC a document known as the S1, which details its business, financials, risks and opportunities. On the first page is a field for the location of its headquarters. Some of these addresses have become legendary: 1600 Amphitheatre Parkway (Google); 1601 Willow Road (Facebook); 345 Park Avenue (Blackstone).
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