Walmart Scraps Plan to Have Robots Scan Shelves

Walmart Inc. has ended its effort to use roving robots in store aisles to keep track of its inventory, reversing a yearslong push to automate the task with the hulking machines after finding during the coronavirus pandemic that humans can help get similar results.

Imagining a Second Life for Midtown Manhattan’s Empty Offices

Midtown Manhattan, a dense grid of office towers normally pulsing with activity, has been called a “ghost town” so many times that you’d expect to see tumbleweeds rolling through Bryant Park.

REEF Technology Raises $700M from SoftBank and Others to Remake Parking Lots

It seems like SoftBank  and the Mubadala Corp. aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology.

23 Million Remote Workers Are Moving To Cheaper Places To Live

As remote work becomes a more permanent experience for a large part of the U.S. workforce, as many as 23 million people might move in the near future because they now can work anywhere, according to a new survey by Upwork.

Building Automation System Market Expected to grow to USD$121.5B by 2024

The building automation system (BAS) market is one of the fastest growing product types in the commercial real estate industry. The industry is expected to grow from $75B in 2019 to $121.5B by 2024 at a 10.1% compounded annual growth rate (CAGR).

10 of the Best Retail Data Tools

We asked a panel of experts to name their favourite innovations for footfall and audience insight to help retail property players. Here’s their pick.

18-Hour Cities, Remote Work And More Emerging Trends That Will Shape Real Estate In 2021

The Urban Land Institute and PwC US have released a new report, Emerging Trends in Real Estate 2021, highlighting the evolving trends shaping the real estate industry.

Real Estate Investors Expand Models for Climate Risks

Kathleen Stubbs new JLL CIO

Former Knight Frank exec, Kathleen Stubbs has joined large property group, JLL as its new chief information officer. Stubbs replaces Andrew Clowes, who left the organisation in 2019 after being CIO for 10 years.

Alibaba’s Secret Three-Year Experiment to Reinvent the Factory

After helping more than a million brick-and-mortar Chinese retailers modernize their operations, Alibaba Group Holding Ltd. has now set its sights on a new target: the country’s outdated factories.