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For all the hand-wringing about how slow the commercial real estate industry is to adapt to new technology, it pays to be more measured. That was one of the takeaways from the CREtech LA 2019 conference, held before an audience of more than 800 attendees, at the Shrine Auditorium last week.
As old workplace norms give way to modern ways of working and start-ups build thriving local communities, big cities in Central and Eastern Europe are joining the global shift towards flexible office space.
In the last year, more global flex space operators built their presence across the region. IWG, parent company of Regus,
The owner of a London office building negotiated a lease with a company that wanted all eight floors. To his surprise, his bankers at ING Groep NV shot it down.
ING balked because a single tenant, WeWork Cos., would be responsible for paying all the rent. And the Dutch bank isn’t alone. Increasingly, lenders in Europe are cooling toward the co-working giant, whic...
“You will not learn about how the blockchain works, but how the blockchain works for you,” Stephen Meade, CEO of MonetaPro, said in as the opening presenter at the Unblocking the Blockchain CREW San Diego event this week. The event was dedicated to explaining how blockchain technology can disrupt and benefit business processes. In addition to ...
NEW YORK CITY—Commercial real estate software provider Reonomy has added tenant data to its information offerings for its web application and suite of data products. The company has added a data set of 11 million tenant records across the US in all of the major asset classes except for multifamily. The company says it is the largest commercial tenant base on the market.
Users will be able to ...
UPDATED March 30, 2019 8:30 a.m.: Through a partnership with Blade, a $150 million transportation startup, office tenants at Related Companies’ megadevelopment have access to a five-minute shuttle service ...
Private-equity firm Insight Venture Partners has made its latest bet in the commercial real estate technology space, acquiring a New York-based software company focused on building operations. Through Property Brands, a holding company in which Insight is the lead investor, it bought SiteCompli, The Real Deal has learned.
The acquisition closed earlier this year, sources confirmed. On ...
JLL has plunged into the tech market by launching $100 million global venture fund JLL Spark. In the last nine months, the fund has invested in 11 start-up concepts, including Honest Buildings, Jones, Humble and Lively. At the CRETech Los Angeles conference this week, Andrea Jang, head of growth in the Americas at JLL Spark, spoke about JLL’s co...
