Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Commercial Observer
Thor Equities has brought on workspace manager Industrious as a partner to operate the firm’s 36,000-square-foot coworking space in Midtown, Commercial Observer has learned.
Bloomberg
Shopify Inc. will allow its 5,000 employees to work from home indefinitely, even after the dangers of the coronavirus pandemic fade and cities lift shutdowns. The company plans to keep its offices largely closed for the rest of the year as it re-designs its space for a “digital by default” mindset and adjusts to a remote work environment, Tobi Lutke, chief executive officer of the Canadian e-commerce giant, said in an interview with Bloomberg Television. Offices will be limited to 20% to 25% cap…
Wall Street Journal
Covid-19 testing regimes are taking hold at big companies as they try to get back to business and prevent outbreaks on the job. Employees at Smithfield Foods Inc., Ford Motor Co. and UnitedHealth Group Inc. UNH 1.39% have begun reporting to tents and clinics or getting kits in the mail for coronavirus testing. The tests, combined with mandatory face masks and social-distancing practices on the job, are intended to protect staff and provide managers with a real-time sense of the virus’s presence …
CREtech
Hear from thought leaders in the Mixed Use market as we explore how communal space, retail space, office space and residential space use all need to adapt to the new normal. New paradigms in design need to combine with demand to bring retailers and employers closer to their customers and employees. Hear from Gensler and prominent owners & developers who are reacting and adapting in real-time to a post-Covid19 reality.
GlobeSt
New technologies are keeping construction projects moving through the pandemic. Even in markets like Southern California, where construction was deemed an essential industry, worker safety was crucial to construction job sites. To ensure safety and defend against outbreaks, contracting companies like Suffolk have leaned on tech tools, from touch-less thermometers to monitors that track social distancing.
Matterport
Matterport, the market leader for spatial data capture, has announced a collaboration with India-based leading technology and data company Propstack to provide a range of services including 3D virtual tours for commercial & residential properties. Matterport is rapidly expanding in the Asia Pacific region, across various industries including residential and commercial real estate, property management, architecture, engineering, construction and insurance….
CREtech
Watch Now: CREtech in partnership with NavigatorCRE, a state-of-the-art cloud platform that connects CRE owner’s data and intelligence into a single source, explores the challenges landlords are overcoming and opportunities they are leveraging to “reopen”. Hear perspectives from three key CRE verticals on what their new normal will look like and the innovative technologies they will use to get there.
URBANLAND
COVID-19 is a rare and powerful global disease that has led to a devastating spike in infections and fatalities and has effectively shut down large parts of the U.S. and global economies. Enormous uncertainty exists about how and when it will be cured or treated and how and when economies will approach something resembling normalcy.
COOL HUNTING
California-based software company (and camera producer) Matterport specializes in capturing 3D data and content. They pioneered the sector with the release of the Pro2, a camera with dimensional accuracy within 1% and capable of shooting in 134-megapixel format.
Wall Street Journal
A coronavirus-triggered rush for infrared cameras that identify people with elevated skin temperature is causing makers of the devices to beef up supply chains and re-examine their product lineups to meet the increasing requests coming from different businesses.
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