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CRETech October 17, 2018
(Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday. The proposed valuation of the company is about $50 billion more than the company’s most recent valuation, setting the stage for what would be o...
CRETech October 16, 2018
Avison Young Managing Director Rand Stephens is a believer in autonomous vehicle technology. He pushes for municipalities to embrace the innovations made in transportation rather than continuing to invest in traditional mass transit infrastructure. "It is increasingly apparent that these transit systems will become obsolete as autonomous vehicle options develop into viable alternatives," Stephe...
CRETech October 16, 2018
Co-living may have reached its maturity phase. The concept is less than 10 years old, but developers are now getting ready to build some of the continent’s biggest new co-living properties, indicating its growing popularity, according to the Wall Street Journal.
CRETech October 16, 2018
Today’s real estate customers are accustomed to having a choice, from where they work to how they work. This seismic shift in the professional day-to-day has translated into the emergence of the flexible and agile workspace. Spaces, a leading provider of flexible office solutions with locations in 42 countries and 20 U.S. cities, is part of a new breed of creative workspaces that are attracti...
CRETech October 16, 2018
HQ has long been used as casual shorthand for headquarters, but the term is at the heart of a trademark infringement lawsuit between the world's two biggest providers of flexible office space. IWG, through two Texas-based subsidiaries, has filed a lawsuit against WeWork in Dallas federal court, claiming WeWork's new business line, HQ by WeWork, infringes on a 28-year-old trademark registered ...
CRETech October 16, 2018
NEW YORK CITY—WeWork has signed a deal with SL Green to lease the entire office portion of the building at 609 Fifth Ave., between E. 48th and E. 49th streets. The co-working, flexible office space providers will occupy 135,000 square feet, totaling eleven floors spanning the third through the 13th, in the Midtown building. They plan to open the location in the first half of 2019.
CRETech October 16, 2018
WeWork Cos. co-founder Miguel McKelvey a few years year ago brushed off the idea of an initial public offering, telling a small gathering in Napa Valley that the shared office-space company is “thinking about how to prolong that eventuality to a distant point in the f...
CRETech October 16, 2018

Every major university is wrestling with how to adapt to the technology wave of artificial intelligence — how to prepare students not only to harness the powerful tools of A.I., but also to thoughtfully weigh its ethical and social implications. A.I. courses, conferences and joint majors have proliferated in the last few years.

CRETech October 16, 2018

After more than a year of fanfare, competition and city government prostrations, Amazon’s announcement of its second headquarters location is imminent.

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CRETech October 16, 2018
Brokers are like plumbers, they’re only as good as the tools in their toolbelts and co-living is quickly becoming an all-purpose patch kit. Whether the client is a recent hire making a quick move for work, a foreign national with little credit or a young person with limited financial resources, this new product is an all-in-one multi-tool. And, with a spectrum of options ranging to near-luxur...