Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Coworking provider Serendipity Labs is attempting to restructure itself through the Chapter 11 bankruptcy process after failing to refinance its debt, one of several midsized coworking providers facing challenges during the coronavirus pandemic.
PropTech For Good
The COVID-19 outbreak has sped up many trends and exposed things that were already under pressure. I do not rule out the possibility that, if we talk to each other in five years’ time, we will see 2020 as a trend reversal in our history. Here are the 7 trends that will change the real estate industry in 2021.
The Wall Street Journal
U.S. and other global property investors are putting billions of dollars into a significant expansion of new production studios in the U.K., where tax breaks are attracting business from movie makers and television companies. While the pandemic has upended many major commercial real-estate sectors—from hotels and retail to office towers—investing in properties related to content creation has emerged as a rare bright spot.
Fast Company
The office has been a major casualty of the pandemic, with many companies operating remotely and employees working from home. Demand for office space has plummeted since March, with companies big and small pushing back their return to the office, sometimes indefinitely.
SmartCitiesWorld
Internet of Things (IoT) data exchange company, Terbine, and Flash Labs Corporation, an affiliate of Hyundai BS&C, are partnering to bring blockchain-based security to sensor data that moves within and between smart cities. The companies claim that their two offerings will provide a new level of trust and control for cities and clients connecting infrastructure data.
Openpath
While security is a top concern for every business, there are unique challenges when it comes to protecting larger operations. For enterprise organizations that need to secure multiple offices across different sites and locations, enterprise security measures are necessary. But what is enterprise security, and how do you implement it?
Axios
As companies continue to prepare for the return of their employees to the workplace, they’re weighing new types of surveillance in the name of safety. Why it matters: Just as the coronavirus pandemic has acted as an accelerant for the adoption of remote work, it has also normalized increased surveillance and data collection.
CREtech
CREtech (cretech.com), the largest intelligence platform devoted to Reimagining Real Estate, has announced their 2021 Virtual Event Schedule. The CREtech events team was the first in the real estate tech conference sector to adopt virtual events during the pandemic and is making a substantial commitment to becoming a hybrid event company in 2021.
Fast Company
Electric cars are, in just about every quantifiable way, superior to gasoline vehicles. They accelerate with the speed of exotic supercars. They can run off clean, green power. And with fewer moving parts, electric cars are remarkably durable, with low maintenance costs.
No Turning Back
Scott Rechler is the CEO of RXR Realty, served on the Board of Directors for the Metropolitan Transportation Authority, served as Vice Chairman of Port Authority of New York and New Jersey, and is Chairman of the Regional Plan Association.
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