Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
ESG Today
Leading building materials company LafargeHolcim and energy services company Schlumberger’s low-carbon technologies business Schlumberger New Energy announced today a new partnership aimed at exploring the development of Carbon Capture and Storage (CCS) solutions.
Smart Cities World
As urban populations grow, smart cities are leveraging new digital technologies to monitor and optimise water and energy consumption, enhance citizen access to services, create effective transportation infrastructures and deliver the city-wide connectivity that citizens and businesses need.
CREtech
Investors and CRE professionals have begun understanding the near- and long-term implications of the global pandemic on real estate assets and on their portfolios. As leading investors begin to reactivate their investment strategies, many are instituting new standards to invest smarter, increase productivity, and grow their business — resulting in better financials, communication, and management of assets.
Bisnow
Nearly a year after the spread of the coronavirus was declared a pandemic and office workers turned their homes into their workplaces to curb the spread of the virus, the great work-from-home experiment has proved that the trend will at least in part become a fixture of our society.
Proptech Collective
Coming from startups, large enterprises and everything in between, we know how hard it can be to create meaningful change. We also recognize silos exist across the real estate, technology, and public sectors, and important voices are being left out of the conversations. That’s why we founded Proptech Collective. We see these challenges as an opportunity to come together to find better solutions and build more inclusive, resilient, and sustainable communities in Canada and beyond.
Estates Gazette
The proposals contain key changes to current practices. They include: the ability to boost fresh air rates by 50%; additional ventilation requirements for spaces such as corridors and lift lobbies; a purge ventilation requirement of four air changes per hour for all spaces; and a means of in-use air quality. Along with protecting against the current and future pandemics, there’s potential for these measures to improve occupants’ comfort during the summer months as well as their overall enjoyment…
Wall Street Journal
The pandemic is compelling a number of co-working firms to discard original business models, or accelerate the adoption of a new one, with the broader office market under threat. The original strategy, popularized by WeWork and many of its peers, involved leasing as much office space in city centers as possible, and then effectively subletting it to companies for a profit. This approach led to spectacular growth and sent WeWork’s valuation soaring to $47 billion.
The Real Deal
The VC-backed real estate tech company Matterport, which designs software that allows virtual walkthroughs, is the latest firm to explore going public via a blank-check company. The company is in talks to list via a merger with Gores Holding VI, a special-purpose acquisition company founded late last year by investment firm the Gores Group, Bloomberg News reported. The companies confirmed the arrangement in a press release Monday morning. …
Wall Street Journal
SYRACUSE, N.Y.—Destiny USA is New York’s largest shopping mall, a six-story structure by Onondaga Lake. Its feature attraction is WonderWorks, a 40,000-square-foot theme park where children can experience a simulated earthquake, learn about space travel wearing an astronaut suit or play laser tag.
CNBC
LONDON — Amazon announced Monday it plans to buy half of the energy produced by a huge new wind farm in the Netherlands. Shell and Eneco secured the right to build the 759 megawatt wind farm in the North Sea last July, and Amazon said it would now purchase more than 380 MW of its output to power its operations in Europe.
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REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025