News Archives | Page 653 of 1007 | CREtech
For WeWork’s investors, better late than never. SoftBank’s $3 billion tender offer to WeWork is set to launch this week, following weeks of delays, according to Reuters. Masayoshi Son’s firm was expected to launch its offer earlier in November but delayed the move while it tried to make technical revisions to the offer documents. The $3 billion offer for WeWork shares includes up to $970 mi...
Moscow’s Department of Information Technologies, together with ICT.Moscow, a digital platform aiming to support and connect Moscow’s tech businesses, has launched a free 5G ‘knowledge base’. The site will share 5G use cases and case studies from around the world as well as news, research and more.“This project aims to enable users to keep track of the deployment of 5G mobile communicati...
The future of PropTech – where technological innovation and the real estate industry intersect – is still largely unknown, but there is widespread consensus that this evolving sector continues to hold untapped potential. At its inaugural “Night of PropTech Innovation” in New York, Goodwin hosted members of the real estate and technology industries to discuss the current state of the PropT...
Work has started on a new 16-acre neighborhood in Tempe, Arizona, that will include multifamily residential space, retail and common areas — but no space for residents' cars. According to San Francisco-based developer Culdesac, the property's 1,000 residents, who will occupy 636 multifamily units, will not have private cars or parking spots. The neighborhood will accommodate parking for visi...
WeWork’s implosion could be the hard reset needed for the co-working industry. “We didn’t really estimate the magnitude of what that fallout meant for Industrious and throughout the industry,” said Katherine Lau, senior director of real estate for flexible space firm Industrious. “What we see is a normalization of the growth rate of co-working. In many ways, WeWork propped up the real e...
Barcelona City Council has signed a Letter of Intention (LoI) to collaborate with Huawei on new technology projects in the city. The LoI was signed during Smart City Expo World Congress (SCEWC) this week in Barcelona. Huawei will act as a technology partner to Barcelona in areas such as 5G, smart city applications and digital transformation. Jaume Collboni, Primer Tinent d’Alcalde, Barcelona ...
Two of WeWork's biggest rivals are cashing in on its public meltdown. "We're in a hypergrowth stage at the moment," Mark Dixon, CEO of IWG, told Fast Company. The collapse of WeWork's IPO, the coworking startup's rescue by SoftBank, and its ongoing overhaul is helping the company - which boasts 3,500 global locations to WeWork's 625 - to expand and acquire smaller competitors, he said. WeWork's ...
CREtech, the leading commercial real estate technology conference and data company, in conjunction with Colliers and Techstars have announced their All-Star lineup of thought-leaders and influencers in the commercial real estate tech sector for the upcoming Proptech Summit on December 5th. The event will host leaders from thro...
For decades, when you applied for an apartment, the landlord—or a tenant screening company hired by the landlord—would examine your credit file and pay stubs to verify your ability to pay rent. But today, landlords are using the artificial intelligence revolution to predict something else: Your willingness to pay rent.
New Yorkers are used to seeing letter grades on restaurants and bagel shops. Soon offices and residential buildings will be getting something similar. Beginning next year, midsize and large buildings will not only have to report how energy-efficient (or not) they are, they will also be required to post letter grades issued by the city, based on the data the building...