Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • How AI Can Fight the Climate Problem Hiding Inside Buildings

    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….

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  • Industrious Hires New Legal Chief Ahead of Potential Listing

    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.

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  • Breather to Liquidate 400 On-Demand Offices

    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.

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  • The Virtual Reality Office

    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.

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  • Johnson Controls and Microsoft Join Forces to Create Healthier, Safer and More Sustainable Buildings

    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.

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  • Savills Names 8 Rising Global Tech Cities

    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.

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  • Investors Pile Into ETFs Devoted to Socially Responsible ESG

    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.

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  • COVID’s $34 Billion Bite Out of the Big Apple

    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

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  • Biden to Name Gina McCarthy to Top Domestic Climate Job

    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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  • To Cut Emissions to Zero, U.S. Needs to Make Big Changes in Next 10 Years

    The New York Times

    If the United States wants to get serious about tackling climate change, the country will need to build a staggering amount of new energy infrastructure in just the next 10 years, laying down steel and concrete at a pace barely being contemplated today. That’s one conclusion from a major study released Tuesday by a team of energy experts at Princeton University, who set out several exhaustively detailed scenarios for how the country could slash its greenhouse gas emissions down to zero by 2050….

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