Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CNBC
Several companies are acknowledging that competitors with more flexible work arrangements may pose a significant risk to their businesses. Amazon, Pinterest, Intel and PayPal all mentioned, for the first time ever, that evolving work environments could impact their ability to attract or retain employees, according to annual filings released in recent days….
Marketwatch
Small- and medium-sized businesses started getting back to the office last year, even as many Fortune 500 companies continued to tweak plans to recall more staff on a regular basis. The modest revival of office life in America as the pandemic enters a third year ranks high among the positive signs for hard-hit flexible office space in 2022, according to a new report by CBRE Research, a division of the global commercial real-estate services and investment firm.
Wall Street Journal
In his job as a music-mastering engineer, Chris Longwood spends hours making Zoom calls and exchanging emails with artists around the globe to get a new album ready for release. He looks forward to the day he can meet with them in a virtual sound studio, editing tracks in real time.
The Real Deal
If it’s true that data is the new oil, it’s “gooey” and “thick” in its natural state. Real estate owners need software to refine it and make it valuable.
Matterport
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced Matterport Axis™, a revolutionary motorized mount that works with a smartphone to capture 3D digital twins of any physical space with increased speed, precision, and consistency. This convenient, hands-free solution produces reliable high-fidelity results with just a click of a button. From homes to offices, hotels, rentals, retail locations, even a factory flo…
Wander
Nine months ago we started Wander because the existing infrastructure to experience the world was broken. Stays were consistently disappointing. Unhelpful robots had replaced customer service. Marketing was designed to mislead and sell, rather than inspire and educate. The products were soulless, designed by data rather than people. We wanted to create something better.
Medium
Today we announced that we co-led a $10.5M investment in Occupier alongside Stage2 Capital.
CREtech
Niraj Patel, Chief Information Officer of Greystone, points out commercial real estate is abundant in data- but it’s what we do with that data that sets companies apart. Patel goes on to highlight the value in building out functions within platforms that are already implemented and adopted, rather than adopting separate solutions to solve for each problem.
Commercial Observer
In the first of what it hopes will be many property partnerships in Jamestown’s global portfolio, Prescriptive Data announced Tuesday that it is bringing its Nantum OS smart building technology to the real estate giant’s Waterfront Plaza in San Francisco.
CBRE
Despite the challenges posed by pandemic-related restrictions, the North American flexible office market showed signs of recovery in 2021. Flex providers reported a rebound in sales and occupancy, particularly from small and medium-size businesses (SMBs). Meanwhile, a growing demand pipeline from enterprise tenants underpins an optimistic outlook for 2022. Although the omicron variant could hamper the recovery, flexible space solutions clearly will be a key part of companies’ real estate strateg…
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