Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Pittsburgh Post Gazette
Seegrid, a Findlay-based company that develops autonomous vehicles for handling materials in factories and warehouses, announced it closed on a $52 million funding round Tuesday.
The New York Times
After the Sept. 11 terrorist attacks, some landlords installed sturdy posts outside their buildings to guard against future strikes. A legacy of the current health crisis? Kettlebells with handles made of copper.
PlaceTech.
More than 70% of the 30 apartments under construction at Treasure House in Birmingham’s Jewellery Quarter have sold thanks partly to GBuilder’s bespoke 3D application to assist buyers in their purchase.
Pulse – Fatih Birol
This has been a grim year. A global pandemic and a brutal economic crisis have taken a heavy toll around the world. But in one important area – the speed of the shift towards cleaner energy – I see increasing grounds for optimism.
Bloomberg
Deutsche Bank AG told its New York City employees that they can continue working from home until mid-2021, in contrast to rival banks that are seeking to return staffers to offices.
Gensler
While the global health crisis has put many aspects of daily life on hold, it has also afforded time to pause, reevaluate, and reinvent. Our clients, for the most part, are holding. They are hesitant to spend capital on their current portfolios and some are waiting to invest in distressed properties. In the interim, they are looking to the design industry for the things they should be cognizant of as we start to build an evolved future with strong, equitable communities at its core.
Wall Street Journal
Six months after coronavirus lockdown orders closed workplaces across the country, most offices in the U.S. are still quiet. Data from Brivo, a company that provides access-control systems for workplaces, shows that “unlocks” at offices—when someone uses their credentials to enter an office—in late August were down 51% from the end of February. By comparison, visits to manufacturing and warehouse locations, where fewer jobs can be done remotely, remained down by a third.
Estates Gazette
The timing, says founder Ross Bailey, was “sort of poetic”. Days previously, the retail marketplace – which has seen triple-digit growth year-on-year since its launch in 2013 – was celebrating the close of a funding round more than triple the value of its last Series B raise with investors including JLL Spark, Octopus, Forward Partners, Meyer Bergman, Matthew Freud and Concrete VC. A week and a half later, everything Appear Here represents became precisely what the world was suddenly shying away…
Bloomberg
Mortgage lender LoanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrapping one at the last minute, according to people with knowledge of the matter. …
TechCrunch
Facebook wants to turn the Quest into more than a gaming device. Today, the company shared early demos of “Infinite Office” a new set of features that will bring solo productivity to the Oculus Quest.
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