Office Archives | Page 56 of 105 | CREtech

Deutsche Bank could move up to half of its Manhattan employees to smaller U.S. hubs in the next five years, as it plans a major building downsize. Christiana Reiley, the bank’s chief executive in the Americas, told the Financial Times that months of its employees having worked success...

With the pandemic still in full swing and the first doses of a coronavirus vaccine just starting to ship in the United States, Google has pushed back the planned return to the office by a few months, to September 2021. But even as it extends the remote...

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Oracle Corp. ORCL 1.90% said it has changed its corporate headquarters to Austin, Texas, the latest high-profile defection from Silicon Valley. The company and its founder and chairman, Larry Ellison, are pillars of the Bay Area.

Smart Spaces has been appointed for occupier engagement, building efficiencies and wellbeing at Republic, the 720,000 sq ft mixed-use campus at East India Dock, owned by Trilogy Real Estate and LaSalle Investment Management.

The floodgates have been open for months now and the influx of venture capitalists and tech founders who have flocked to the 305 from Silicon Valley and New York City has been impressive. Some may be simply riding out the pandemic (we don’t blame you).

The pandemic is pummeling New York City’s commercial real estate industry, one of its main economic engines, threatening the future of the nation’s largest business districts as well as the city’s finances.

Property managers need a solution that can satisfy tenants, simplify operations, and continuously adapt. In short, they need the cloud.

America’s entrepreneurial and technology power is dispersing beyond Silicon Valley and New York — a trend greatly accelerated by two Cs: coronavirus and California. The big picture: Elon Musk is the latest high-profile business leader to bolt from California because of its governance and cost.

The pandemic and the prospect of working remotely have spawned an exodus from New York and San Francisco to sunnier, more-affordable cities. Few have benefited more than Austin. Texas’ capital is attracting more corporate jobs and remote workers than ever before, lured by lower costs and lower taxes.