Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Cushman & Wakefield PLC, one of the world’s largest commercial-real-estate-services firms, has launched an alliance with Industrious, a startup co-working firm, to build market share in one of the few growing office-space businesses during the pandemic. The office industry has mostly gotten pounded this year, creating pain for investors…
CREtech
IOTAS, premier provider of cutting edge integrated Smart Apartment Technology solutions, teams up with leaders in connectivity, access control, management, and other property technologies to explore options available for today’s multifamily and mixed-use assets, and how to pull the pieces together to create optimal experiences for residents and management teams alike.
Bisnow
The circumstances of the coronavirus pandemic have forced tech adoption at an unprecedented rate: The construction industry is implementing augmented and virtual reality, robots and drones to accommodate social distancing. An avalanche of urgent lease changes is prompting investment managers and corporate leaders to revisit the ways they process and standardize data. Large-scale office owners are utilizing cutting-edge tools to implement responsive space reconfigurations, contact tracing and spa…
Skanska
Skanska, a leading global development and construction firm, today announced that it is partnering with WiredScore, the company behind Wired Certification, the only international digital connectivity rating system for commercial real estate.
CNBC
Nearly seven months into the coronavirus pandemic, Uber has largely turned into a food delivery company. Former Uber employees, meanwhile, are finding another way to benefit from the dramatic change in the restaurant industry.
Wall Street Journal
When historians of the early 21st century look back on the pre-Covid era, one of the absurdities they might highlight is the vogue for gigantic, open-plan offices. The apotheosis of this trend of breaking down barriers between co-workers must surely be Facebook Inc.’s 433,555-square-foot Frank Gehry-designed open-plan office at its headquarters in Menlo Park, Calif. Opened in 2015, it’s now a ghost town, a monument to offices vacated by the pandemic. …
Forbes
Fifth Wall, a VC firm that focuses on innovation and technology for real estate, is now a certified B Corporation, emphasizing the shifting mindset on sustainability overall and paving the way for other VCs. The real estate industry accounts for 40% of the world’s consumption of energy while emitting 30% of total global greenhouse gases, and using 40% of its raw materials. Given this, the industry has a responsibility to find solutions that reduce its negative environmental impact by implementin…
The Real Deal
The flex-office startup, valued at $1.6 billion in August 2019 but thought to be worth substantially less now, is offering nearly 375,000 square feet of space up for sublease, according to marketing materials reviewed by The Real Deal.
Daily Commercial News
A recent survey of over 1,250 office employees conducted by access technology developer Nexkey of San Mateo, Calf. revealed ongoing health and safety concerns in the workplace. In fact, nearly 50 per cent of workers had worries that will persist even after the COVID-19 pandemic passes. These begin with the limited number of common entry points in many small-to-medium sized businesses — most workers want more. Furthermore, many would prefer to use smartphones or smartwatches as entry credentials …
AXIOS
Uber is immediately expanding its “Green” program to new cities and setting a longer-term target of having fully electric cars account for 100% of rides on its platform in the U.S., Canadian and European cities by 2030.Why it matters: Those plans — and other new climate pledges Uber unveiled Tuesday — come as ride-hailing firms face growing scrutiny over their carbon emissions amid evidence they’re cannibalizing public transit and increasing congestion….
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