News Archives | Page 491 of 1007 | CREtech
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,...
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...
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 ...
Airbnb Inc. reported tumbling revenue and mounting losses in the second quarter, but the home-sharing startup is still eyeing a stock market debut before year’s end, according to people familiar with the matter.
VirtualAPT provides digital visualization technologies that significantly reduce days on market and vacancy rates. Our autonomous robots recreate the in-person walkthrough experience by capturing 360° moving videos, bringing storytelling and real estate tours to the next level. Viewers can seamlessly navigate between amenities, units, and neighborhood locations, all within a customizable web inte...
"'Ok, how are our office assets in Boston performing vs. our multi-family locations in Dallas?' I need to be able to do that or I'm not going to be able to make investment decisions. What's historically been the case is, it's hard to get data as it relates to how your parking assets are doing. Which is why I've been working with the team at Smarking." - Ryan Holgan, VP Real Estate Asset Manag...
AUSTRALIA-BASED venture capital firm Taronga Ventures on Wednesday said it will anchor its Asia headquarters in Singapore, to expand its “real estate-focused innovation and investment ecosystem” for the region. This comes on the back of a recent close of its proptech-focused RealTech Ventures Fund in May, which attracted “significant” investment from strategic investors such as commercial ...
After testing facial recognition technology on users for years, Facebook will soon have to decide whether to opt in or out of facial recognition for its own employees in New York.