Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Axios
As problematic as the tech industry’s diversity statistics are, activists say the focus on those numbers overlooks a more fundamental problem — one less about numbers than about power. In tech, they argue, decision-making power remains largely concentrated in the hands of white men.
Bisnow
Modular construction isn’t a new concept, but it still hasn’t gained a foothold. For many developers and contractors working in the industry, that’s a major missed opportunity. They attribute the lag on modular adoption to modular construction being misunderstood.
CREtech
Catch up on the CREtech Consulting Talks webinar exploring effective sales strategy, marketing plans and content strategies for startup growth, as well as how to also avoid costly marketing and sales mistakes.
Bloomberg
U.K. retail landlords are facing a hard reality: the rapid approval of a vaccine has come too late for thousands of their stores. The collapse of department store chain Debenhams Plc and Philip Green’s Arcadia Group this week caps an unremittingly brutal year for the owners of brick and mortar stores.
The New York Times
When the coronavirus first hit, hotels quickly adopted enhanced cleaning polices, including germ-killing electrostatic spraying and ultraviolet light exposure in guest rooms and public areas. But as research on virus spread has shifted focus from surface contact to airborne transmission, some hotels and cruise ships are scrubbing the very air travelers breathe with a variety of air filtration and treatment systems.
Axios
It’s time to polish our gleaming vision of urban environments where internet technology makes everything from finding a parking space to measuring air quality a snap. The Biden administration’s Cabinet appointees are likely to be champions of bold futurism in urban planning — which could mean that smart infrastructure projects, like broadband deployment and digital city services, get fresh funding and momentum.
PlaceTech
The Trinfico Investment Group together with PropTech Russia have agreed to create a venture capital company, called Proton Capital, aimed at attracting investments in technologies that ensure the innovative development of the real estate sector in Russia. The first Proton Capital fund will be 3 billion rubles, around $40m, and bring together influential Russian and foreign development and investment companies.
Microsoft
Dedicated to creating “live, work, and play” ecosystems, Brookfield Properties is one of the world’s largest and most innovative commercial office landlords. Before building its state-of-the-art One Manhattan West (OMW) property, it recognized an opportunity to use a digital twin to lower costs, save energy, and offer differentiated experiences to its tenants.
The New York Times
Ever since the housing market has emerged from its pandemic-driven freeze in late spring, there has been a frenzy of home buying and a sharp rise in prices. The common explanation is that the pandemic has swollen the ranks of those who need more private space for work and play and safety, typically farther from urban centers.
Microshare
Join Michael Moran and his special guest, Michael Beckerman, the CEO of CREtech, as they examine the impact of COVID-19 on the commercial real estate sector as well as the state of adoption in the industry of smart building technologies.
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