Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
New York Times
When the developer Lendlease opens its $600 million residential and office complex in Los Angeles, expected in 2025, the site will have the typical hallmarks of sustainable development: proximity to a light-rail stop, an all-electric residential tower, solar panels and a pedestrian plaza.
CREtech
Tony Josipovic of JLL discusses the company’s ‘Future of Work’ model and how it relates to the workplace.
The Real Deal
WeLive may not have been a success at 110 Wall Street, but Rudin Management is set to debut a new tenant that might have better luck at its Financial District building. Hospitality platform WhyHotel on Tuesday announced its first New York City property, which is slated to open Nov. 1. The company is launching Front & Wall Street, which will operate under its Hospitality Living umbrella….
Bisnow
If all goes well, companies will return to the office en masse after the first of the year, but workers and tenants will most likely expect many changes, including environments seen as safe. More protection from unneeded contact or crowding may be key to keeping buildings occupied and new technology has a role to play. Due to new tech tools, visitors and workers in new or updated Class-A offices can expect a different experience than in pre-Covid days, Level-1 Global SolutionsCEO Thomas McElr…
Proptech 1
PropTech1 Ventures, the European venture capital fund for the untapped innovation potential of the real estate industry, welcomes U.S.-based proptech investor JLL Spark Global Ventures as a new limited partner. JLL Spark is the strategic investment arm of JLL, a leading professional services firm that specializes in real estate and investment management. A final closing of PropTech1 Fund I is planned by the end of 2021 at the latest.
Renaissance Capital
Jaguar Global Growth I, a blank check company formed by Jaguar Growth Partners and Hennessy Capital Group, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The Miami, FL-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Jaguar Global Growth I would command a market value of $250 million.
GlobeSt
Counting crowds has become an important tool in retail: that is, watching where people go in a store to better understand how they look at products and make purchase decisions. It’s a lesson that commercial real estate should learn, argues George Shaw, CEO of Pathr, a software vendor that provides tools to study the movement of people in buildings without collecting identifying information, to better preserve privacy. Originally designed for the retail industry, Pathr is expanding to other in…
Smart Cities World
The Energy Market Authority and Envision will help develop the capabilities of local energy companies focusing on renewable energy, urban energy efficiency and low-carbon solutions.
GlobeSt
Ernst & Young has launched its inaugural EY Future Workplace Index, which tracks executive sentiment and behavioral data around the workplace of the future. The survey – one of the first of its kind and a barometer for the redefinition of the workplace – reveals the future of work is hybrid, meaning historically office-based workforces will work from the office and remote locations at any given time, and, for many, the traditional role of the office will become obsolete.
TheRealDeal
Homebuilding giant Lennar and Texas construction startup Icon are teaming up to build 100 3D-printed homes in a massive vote of confidence for the technology amid a nationwide home shortage. Icon’s proprietary Vulcan technology allows the company to create homes up to 3,000 square feet it says outlasts traditional building methods and materials. The Wall Street Journal first reported the project, noting that while Icon is printing the wall system, Lennar can construct the home’s framing and d…
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REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025