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Governments and investors around the world are putting increased pressure on owners of commercial buildings to reduce their emissions. The U.S. federal government has shown it can be done if owners are motivated enough: On Thursday, the agency that operates the government’s 370M SF real estate portfolio said it has cut the emissions of those buildings by half between 2008 and last year.
PropTech startup Bright Spaces launched its first subsidiary abroad, in the UK. The startup, which creates advanced, end-to-end digital leasing platforms for commercial and residential real estate, already has two clients from the UK.
When Ford, General Motors, Mercedes-Benz and other auto manufacturers last year pledged to phase out sales of gas and diesel vehicles worldwide by 2040, the most immediate impact on commercial real estate came in the form of multibillion-dollar plans to build domestic factories and battery plants.
Augmented reality could completely change how you shop, but don’t expect it to dramatically change where you do it.
Clients interested in investing in commercial real estate are now increasingly able to measure ESG performance of individual developers.
The commercial real estate’s industrial sector is beginning to slowly reform to meet investors’ requirements in terms of environmental, social and governance (ESG), particularly with new buildings or those undergoing major refurbishment.
As the U.S. housing shortage worsens, some proptech startups are attempting to balance the buyer-seller equation through their respective approach to the market. However, it is questionable whether their efforts will bring relief to single and multifamily homebuyers.
Arup has launched a practical toolkit designed to bring a circular economy for buildings into the mainstream, future-proofing assets as sustainability policies redraw the real estate landscape.