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On this week’s episode of EG’s We’re Still Here podcast host Emily Wright is joined by deputy editor Tim Burke for a round-up of this week’s news. From the future of flexible offices to predictions of rent plunges, it has been another week of uncertainty and potential hardship.
It is the question on every property owner’s mind right now: Are my tenants able to keep paying the rent? Tenant risk is the single most important factor in real estate, which the coronavirus crisis has bought into sharp focus by forcing tenants in multiple sectors to close virtually overnight.
Within all industries, companies are under pressure to deliver goods efficiently, fast and reliably, and especially amid the COVID-19 pandemic, in a way that keeps workers safe.
Mall owner Brookfield Asset Management Inc. BAM 3.00% plans to devote $5 billion to shoring up retailers hit by the
As The Seattle Times reports, the updated guidance of no return to work until Oct. 2 is mainly aimed at Amazon's corporate employees, but states specifically that it relates to any "employees who work in a role that can effectively be done fr...
As the U.S. hunkered in lockdown mode in mid-April, the influential venture capitalist Marc Andreessen published a viral essay titled “Time to Build.” The essay decried the complacency of Western democracies prior to the COVID crisis, and called for a mass rebuilding of physical and social infrastruct...
Sidewalk Labs is closing its project in Toronto, the company said in a brief statement on Thursday. “For the last two-and-a-half years, we have been passionate about making Quayside h...
The software as a service (SaaS) provider did not set a date on its initial IPO paperwork filing, but said in the document it would in the near future. In each of the company’s three years of reporting, it’s recorded net losses: $55.5 million in 2017; $56.7 million in 2018; and $83 million in 2019. The number of Procore users, however, has doubled in that time, reaching nearly 1.3 million a...
As New York prepares to reopen its economy, some upstate factories that have been operating during the coronavirus outbreak have lessons to share on how to keep workers safe.
Some social distancing built into the design is going to need to be an option, though the exact nature of changes isn't clear yet. "The open-plan hospitality vibe has been central to marketing to a millennial demographic," The Architectural Team principal Michael Liu said. "But in the present pandemic, it may also be ideal for communicating disease."