News Archives | Page 421 of 1011 | CREtech
CBRE Group, Inc. (NYSE:CBRE) today announced that the Science Based Targets initiative (SBTi) has approved the company’s science-based target to significantly reduce greenhouse gas emissions (GHG) from both CBRE’s own operations and the properties it manages for investors and occupiers.
Blackstone Group Inc. is amping up its bet on biotechnology lab space and other life-sciences real estate, agreeing to pay $3.45 billion for a portfolio of buildings primarily in the active Cambridge, Mass., market. The acquisition is the latest sign of
Prism is built to help owners, asset managers, property teams, leasing teams, and engineers achieve maximum net operating income (NOI) by reducing operating costs, increasing revenue, and by delivering an unmatched tenant experience, even when facing the challenges of the current CRE climate. Watch our on-demand webinar to hear Jesse Carrillo, Senior VP & CIO at Hines share his insights into t...
Co-working franchisor Office Evolution is continuing its Texas expansion by signing leases for the brand’s first locations in San Antonio and Austin. These will be Office Evolution’s fifth and sixth locally owned locations in the Lone Star State.
As fewer people have traveled — and thus, booked hotel rooms — because of the pandemic, the hotel industry is facing a staggering statistic: almost 1 billion empty hotel rooms for the year. As of last week, more than 962 million room nights have gone unsold, Bloomberg News reported, citing data from lodging information firm STR. That’s about 46 percent more than all of last year. The industr...
Deutsche Bank could move up to half of its Manhattan employees to smaller U.S. hubs in the next five years, as it plans a major building downsize. Christiana Reiley, the bank’s chief executive in the Americas, told the Financial Times that months of its employees having worked success...
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Investment deals are one of the last areas of real estate to remain relatively untouched by the impact of technology. While proptech has made major strides in other areas, like asset management, the process of originating, underwriting and executing deals is not dissimilar to how it was cond...
San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. The round was led by Insight Partners and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventur...