Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bloomberg
Compass, a SoftBank-backed company that’s among the largest real estate brokerages in the U.S., has selected underwriters for a potential initial public offering, according to a person with knowledge of the matter.
Bisnow
After a successful New York-based pilot program over the past few months, WeWork is rolling out its On Demand offering in 160 U.S. locations. WeWork On Demand is a separate offering from monthly memberships of any size, charging $29 per day for access to a coworking location booked either days in advance or at a moment’s notice.
Fast Company
There are more than 41,000 parking spaces in the central business district of Melbourne, Australia. Many of them could be put to better use, says Julian Anderson, a director at the large Australian architecture firm Bates Smart.
Anthony Slumbers
On November the 10th, Apple unveiled its new M1 System on a Chip. A processor so fast, and so abstemious in its power consumption, that it has in effect blown up the laptop PC industry.
The Wall Street Journal
The biggest U.S. tech companies are providing a jolt to the slumbering commercial real-estate business, emerging as major tenants and acquirers of office and other space while many nontech firms are trying to tear up their leases.
Zach Firestone
Ryan Freedman is the founding general partner of Alpaca VC (formerly known as Corigin Ventures), a New York based seed firm that leads rounds across sectors. Ryan is an entrepreneur turned investor, from Coral Capital (tech enabled commercial finance operation) to Corigin (private real estate investment firm and early pioneer of co-living) to the leading VC that Alpaca is today.
Bloomberg
Office employees are getting used to the perks of telecommuting, and expect it to continue even after the pandemic ends, but most aren’t ready to abandon the office entirely, according to a survey by Jones Lang LaSalle Inc.
Microsoft Azure
As urbanization continues to take hold and cities face challenges to become more sustainable and livable, urban planning and operations strategies must adapt. The current pandemic has changed the way we live, accelerating cities’ future vision as a necessity of the present and what it means to live in a connected and resilient urban environment.
PropertyEU
Round Hill Ventures (RHV), the proptech venture capital spin-off of Round Hill Capital, has announced the first close of a €200 mln dedicated European Proptech Fund.
Anthropocene
Buildings are currently the source of about one-third of global greenhouse gas emissions. Until recently, most of those emissions have come from the energy needed for heating, lighting, and so on. But that pattern is starting to change.
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