Simon Property Group Forms $300M SPAC

Simon Property Group has formed a special purpose acquisition company with a target value of $300M, according to a new filing with the Securities and Exchange Commission Friday. The filing stipulates that the new SPAC, called Simon Property Group Acquisition Holdings Inc., doesn’t have a target company. The SPAC could raise up to $345M if its underwriter, Goldman Sachs, exercises an option to purchase an additional 4.5 million shares….

WATCH NOW: Retail Real Estate After COVID – What Changed, What Changes Will Last

LEARN MORE: Reimagining Real Estate Business Intelligence Exhibitor Voxelgrid

Welcome – We are Voxelgrid, a very innovative startup from Munich, Germany, with the ability to digitize existing buildings. For that we have developed a hard- and software solution that enables us to scan buildings while walking. We offer pointclouds, CAD- and 3D-plans as well. On top of that our service is super cheap because our patented technology does it all. …

Flying taxi investment takes off with Wall Street

The next big thing in transportation could be electric flying taxis — think of a drone crossed with a helicopter — that would ferry people and goods high above congested roadways. Why it matters: Air taxis are billed as a cheaper, faster, cleaner mode of transportation, and an important link between remote areas and population centers. But there are still technical and regulatory challenges to overcome — not to mention public skepticism.

Food delivery by drone is likely a part of the future

A fledgling system north of Tel Aviv has three drones making six test runs a day from a Pizza Hut to designated parking lots, where drivers pick up the meals and deliver them the “last mile.” Why it matters: All signs point to a future in which systems like this are ubiquitous across America, with food and merchandise shuttled overhead to centralized landing hubs (as opposed to your doorstep or balcony).

NYC landlords warned to cut emissions or face $10bn in fines

New York City landlords risk facing more than $10bn of fines per year if they fail to cut carbon emissions ahead of strict limits coming into force in 2024. Local Law 97 requires most buildings larger than 25,000 sq ft in New York City to cut their carbon emissions by 40% by 2030, rising to 80% by 2050, or face a fine of $286 per excess metric tonne.

The Let’s Go Show: Episode 4: HqO’s COO Dan Koh, former Chief of Staff to Arianna Huffington and Boston Mayor Marty Walsh

Chase is joined by HqO’s COO, Dan Koh. They cover Dan’s career path from being a narc for the Andover Police Department to working as Chief of Staff for Arianna Huffington and Boston Mayor Marty Walsh. Dan has some great insights on the importance of relationship-building and what it means to be a chief of staff/COO.

The EU Green Deal – an open letter by Coen van Oostrom

Last month the EU Green Deal was finally fully outlined, bringing an end to the speculation of what becoming carbon neutral by 2050 will actually mean for many industries. Looking at the ten main areas covered by the deal, including real estate, Coen van Oostrom, founder of leading sustainable real estate developer EDGE, outlines what he feels is important to take on board. From the specifics mentioned in the deal, to the fact that politicians, further legislation, real estate and development it…

SoftBank Investing $100M in Miami Startups

Claure, who is also CEO of SoftBank Group International and executive chairman of WeWork, made the announcement on Miami Mayor Francis Suarez’s Cafecito Talks series, streamed live Wednesday on Twitter.

Want to address climate change? It’s time to talk about buildings

It’s official: The United States is recommitting to dramatically reducing greenhouse gas emissions and capping global warming under 1.5ºC. In doing so, the federal government now rejoins nearly 4,000 U.S. businesses, cities, counties, states, and tribes that declared “We’re Still In” following the United States’s previous withdrawal from the agreement. So how do we make progress while also managing through a global pandemic? We need to talk about buildings. …