CRETech
November 08, 2018
Each day, the world creates 2.5 quintillion bytes of data, with 90 percent of all existing data created over the past two years alone, according to IBM. For owners and managers of commercial real estate (CRE) properties, and especially the office sector, “big data” may offer great potential, but it also presents real challenges.
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Each day, the world creates 2.5 quintillion bytes of data, with 90 percent of all existing data created over the past two years alone, according to IBM. For owners and managers of commercial real estate (CRE) properties, and especially the office sector, “big data” may offer great potential, but it also presents real challenges.
affected by WeWork and its co-working brethren. Yet is that consternation really warranted?
Some commercial real estate observers might be a little worked up about how office REITs might be
If you’ve ever tried to hail an Uber in the midst of a major sports event or during a torrential downpour, you may have noticed that the price you’re quoted is higher than normal. That’s all down to
Not every co-working company is dropping monthly desk rentals for corporate office suites. These four startups in New York and beyond are sticking to the more traditional co-working model and carving out niche space — and there are plenty more out there with small margins and big plans.
Lawyer and cryptocurrency millionaire Jeffrey Berns wants to leave his mark on something more tangible than cryptocurrency-based deals. He wants to develop a brand-spanking-new city in the Nevada desert not far from metro Reno-Sparks.
Berns' company, Blockchains LLC, paid $170M in cash earlier this year for 67,000 largely undeveloped acres in Storey County, a site larger than Reno.
Premier Agent remains Zillow Group’s cash cow, but the lucrative ad program had a rocky quarter.
Following a series of tweaks to the feature, Premier Agent’s third-quarter revenue fell short of Zillow’s own expectations, the company said Tuesday. More than 67 percent of the company’s earnings were tied to the program, where revenue grew 18 percent to $232.7 million. But the listings gi...
CHICAGO, Nov. 1, 2018 /PRNewswire/ -- Leap today announced the launch of its platform to enable digital brands to rapidly launch high impact experiential retail stores more quickly and without taking on the typical risks of physical store development themselves. Leap does this as they announce their first store opening in
You could forgive office owners and developers for having sensor envy. Given the hype around smart buildings and the way that technology will change the workplace, and hence offices, it would be easy to think you need to have the smartest, most technologically advanced building to have any chance of finding a tenant in the future.
Convene, the flexible workspace and meeting firm, has made two hires in London as the first stage in a global expansion.
The company, which counts Brookfield among its investors, has hired Elliott Sparsis and James Frankis as London vice president of real estate and London director of strategic solutions, respectively.
Time is the biggest challenges property managers are facing. According to a recent survey from AppFolio and real estate consulting firm John Burns, property managers are struggling to find time to focus on business strategy, followed by challenges with manual processes and managing maintenance. In fact, 60% of property...