Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The New York Times
Late last month, Royal Dutch Shell won a deal to build a vast wind farm off the coast of the Netherlands. Earlier in the year, France’s Total, which owns a battery maker, agreed to make several large investments in solar power in Spain and a wind farm off Scotland. Total also bought an electric and natural gas utility in Spain and is joining Shell and BP in expanding its electric vehicle charging business.
Wall Street Journal
Last month, software developer Kevin Lacker tested GPT-3, the latest version of an artificial-intelligence language system developed by San Francisco-based software company OpenAI LP. The system isn’t yet public, but it set off a firestorm in tech circles after OpenAI gave select researchers and developers access so they could provide feedback. They observed its uncanny and unprecedented ability to answer trivia questions, generate long passages of coherent text, design simple software applicati…
Smart Cities World
The initial phase of the project will test technology and explore the viability of a more than 40-mile driverless vehicle corridor between Downtown Detroit and Ann Arbor.
Bisnow
In early March, Bisnow surveyed hundreds of commercial real estate professionals to find out how the industry was responding to the coronavirus pandemic. At that time, 44% of survey respondents said the effects of the pandemic would be short-term, and that the market would rebound quickly, and only 37% of respondents told Bisnow the pandemic had directly affected their business.
CoStar News
More Than $3 Billion in Offerings Launch for Uses Including Property Investments, Improvements. Green-bond issuance is the latest sector of the capital markets to spring back to life after wilting in March and April during the coronavirus pandemic.
Bisnow
As the coronavirus keeps millions of workers at home across the country, office landlords and property managers are spending big to convince tenants that their buildings are safe. CBRE’s property management arm and office landlords like New Jersey-based Onyx Equities are hiring for positions created specifically to monitor and encourage compliance with social distancing measures, CoStar Group reports. Onyx has already hired four “experience ambassadors” to make sure that no more than two people …
The Real Deal
Quest Workspaces, a co-working operator with 12 locations in Florida and New York, is turning some of its enclosed office space into small pods where groups of students can gather for virtual learning.
CREtech
I am an innovator and investor working in the real estate industry.I am passionate about doing things better, exploring new ideas, and doing business in a way that is both effective and humane. I believe strongly in the power of women to shift paradigms of leadership and success in the 21st century.
Openpath
Not much had changed in how people were accessing their buildings, offices, or campuses in the years leading up to 2020. However, the onset of the pandemic brought a heightened awareness around all the things we touch, and safety concerns with the things we used to do every day: commute, eat out, go to the gym, and go to work. Suddenly, our lives looked very different, as we all tried to adjust to this new normal. With this forced “reset” button, Openpath conducted a survey of tenants, p…
The New York Times
Changi features a three-screen movie theater, an indoor butterfly garden, a rooftop pool and inventive eateries that attract as many locals as travelers.
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