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Saudi Arabia’s ACCL Uses Yardi By Said Haider on Oct 26, 2017 in News Arabian Centres Company Ltd (ACCL) became Saudi Arabia’s largest developer, owner and operator of retail malls by offering international-standard quality shopping and entertainment. In formulating a strategy to build on that success, ACCL’s executive team came to realize that expanding its portfolio across the Kingdom depe...

I listened to the Fifth Wall podcast with WiredScore founder Arie Barendrecht yesterday morning on my walk to Impact Hub. It's worth a listen, particularly to those interested in commercial real estate tech. I hadn't heard of Wired Score before, which is a little surprising but they do operate on the commercial side of the massive industry we play in (which is not my specialty). The core...

Qualcomm recently commissioned a report that IHS Economics and IHS Technology produced that compared the potential game-changing impact of 5G to that of the printing press, electricity, the telegraph and even in the Internet, according to RCR Wireless News’ Sean Kinney. The trio “views 5G as a catalyst that will thrust mobile technology into the exclusive realm of general purpose technologies....

This is reprinted by permission from. Given all the ways that Americans stay in contact with each other, people who work in technology should be able to ply their trade from anywhere in the country with a fast, consistent internet connection. In theory. It turns out, location still matters when it comes to conceiving and building the next tech thing. It’s why developers, engineers, designers, da...

Amid continued doubts of the sustainability of its business model and following statements from its Finance Director that “WeWork doesn’t expect profitability this year”, the coworking giant went on a shopping spree using other people’s money, and bought none other than Lord & Taylor’s flagship store building in NYC’s Fifth Avenue — and for no shy amount. For the price of $850 mi...

Hours worked in UK retail fell by 4.2% in the third quarter, retail jobs shrunk by 3%. It's the steepest decline since the monitor began in 2008. 'A technological revolution in retail' and government policy driving the decline. LONDON — British retail employment suffered a record decline in the third quarter of 2017. Hours worked in UK retail fell by 4.2% compared with the same q...

WeWork, a shared-office space startup, has obtained more than 450,000 square feet in a Mountain View shopping center that is currently under construction. The New York company will take over a lease from LinkedIn at The Village at San Antonio Center, according to May Chow, a LinkedIn spokeswoman. The center — which is set to be completed in late 2017 — will also feature cafes, restaurants, a b...

CBRE Group has acquired Custom Spaces, a San Francisco-based, tech-focused boutique brokerage that advises technology companies such as Airbnb, Cruise Automation, Medium, Gusto and Coinbase, on occupancy strategies. Jenny Haeg, founder and CEO of Custom Spaces, will join CBRE as a vice chairman within its Advisory & Transaction Services business and will have a leadership role with CBRE’s gl...

Hudson’s Bay Co.’s deal to sell Lord & Taylor’s flagship New York City store to WeWork in a transaction is a good way for the company to monetize its real estate, analysts say, but the company is facing other challenges. The deal, valued at $850 million, which involves the Fifth Avenue store Lord & Taylor has occupied since 1914, will continue to operate as a smaller store, but WeWor...

While tech has been transforming many industries, lending has been slow to adapt. Obtaining financing for real estate projects can be a long, invasive and cumbersome process, preventing would-be investors from entering the market. However, firms are finally bringing innovation to the market through tech and revolutionizing the lending business in the process. Multifamily Lending has Been Outdated ...