Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
marianne3
Chase Garbarino is co-founder and CEO of HqO, the leading tenant experience software platform for commercial real estate. Prior to HqO, Chase was co-founder and CEO of AmericanInno (formerly Streetwise Media) where he helped build a local media network for the innovation economies in over a dozen cities in the US.
Fast Company
There’s a climate culprit hiding inside the bowels of nearly every building in the country. Almost 40% of energy-related carbon dioxide emissions comes from the construction and operation of buildings, and those operations are surprisingly inefficient. From HVAC systems to water chillers to air compressors, the little-seen systems that control things such as lighting and temperature often use far more energy than they need….
Bloomberg
Industrious, an office space provider that counts WeWork among its rivals, named a new head of legal as it bolsters its management team ahead of a potential public listing in 2021. The New York-based company hired Clem Turner, head of the alternative capital practice at law firm Chiesa Shahinian & Giantomasi PC, in a newly created role as its top lawyer.
The Real Deal
Breather, a startup that rents office space by the day, has run out of air. The Montreal-based company plans to shutter more than 400 locations in the United States, Great Britain and Canada. In some cases, it will assign outposts to third parties, who will close them to repay the company’s creditors, the Globe and Mail reported.
Axios
While offices remain closed and travel isn’t an option, some companies are turning to virtual reality to bring employees together. Let’s face it: Slack sessions and Zoom happy hours can only go so far to promote company cohesion. VR can provide another outlet, even if the technology is still in its infancy.
Microsoft
The campus infrastructure team at the National University of Singapore was getting frustrated. The team wanted to refresh the university’s aging buildings and create a smart campus with connected, automated systems and a cooler, more comfortable outdoor environment. But they couldn’t find a way to make the dozens of standalone systems in the university’s 260 buildings — from air conditioning to elevators and fire protection — communicate with each other.
PlaceTech
Eindhoven, Manchester, Tallinn and Vilnius have been named Europe’s rising stars in the global tech city big league, according to research by Savills.
The Wall Street Journal
Money is pouring into exchange-traded funds that bill themselves as socially conscious. This year investors have put a record $27.4 billion into ETFs traded in U.S. markets that say they focus on environmental, social and corporate governance, or ESG, practices, according to data from FactSet, doubling the size of the sector.
Unacast
More than $1 billion in buying power has left #Tribeca #NYC since the pandemic began; half of that was in the first 60 days. #COVID19 ‘s $34 billion dollar bite out of the Big Apple — #locationdata #humanmobility #CRE
CNN
President-elect Joe Biden will name Gina McCarthy as his White House climate czar, a source familiar with the decision tells CNN, making the former head of the Environmental Protection Agency his top domestic climate coordinator. McCarthy, who currently serves as the head of the Natural Resources Defense Council, will lead Biden’s newly formed Office of Domestic Climate Policy, a source said. McCarthy served as the administrator of the EPA from 2013 to 2017 under President Barack Obama. …
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