Coworking Providers Expect Sector Rebound, Study Finds

Workthere’s Global Flexible Office Provider Sentiment Survey shows 62% of global flexible office providers are optimistic about coworking prospects over next 12 months. In the first of a series of sentiment surveys among flexible office providers around the world, Savills flexible office specialist Workthere found that 26% are optimistic about the prospects for the sector over the next three months, while 62% felt the same about the next 12 months. The survey also found that providers in North A…

Despite Some States Reopening, Office Tenants Return Slowly, Not So Surely

As Gov. Mike DeWine lifts stay-at-home restrictions for general offices and a number of other business types in Ohio, some corporate office tenants will be reunited with the desks, proper office chairs and full-sized monitors they haven’t seen for weeks.

Post-Pandemic Offices Seek Open Flow of Ideas, Not of the Virus

SAN FRANCISCO — The modern corporate office is renowned for open, collaborative work spaces, in-house coffee bars and standing desks with room for two giant computer monitors.

TODAY AT 12 PM EST: Tune into May Virtual Demo Day

Tune in to our live Virtual Demo Day on Tuesday, May 5 to experience demos from the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk. Plus, it’s FREE! Register now.

Pandemic Not Slowing Proptech M&A Activity As Buyers Seek Distressed Deals

When John Ensign flew from Cleveland to London in mid-February to meet with executives from two companies his real estate tech firm was looking to acquire, he said the coach section of his plane was only 10% full, and Heathrow Airport was half as crowded as usual.

Construction Startup Procore Technologies Puts Off IPO

A private funding round has pushed its valuation to $5 billion. After filing paperwork in February for an IPO, the company completed a private funding round that raised more than $150 million, according to Bloomberg

How Technology May be a Key X-Factor in the Real Estate Industry’s Road to Recovery

As we cross the 45-day mark since the COVID-19 health crisis emerged in the U.S., the immediate impacts on the PropTech industry have crystallized. Real estate operations have changed in fundamental ways – office spaces have been vacated; warehouse and distribution centers have continued operations but supply chain issues and employee health concerns are prevalent; retailers, other than the limited spectrum qualifying as essential businesses, have closed brick-and-mortar locations; occupancy at …

N.Y. Building Sites Reopen, Carefully, in Sign of Life Gearing Back Up

Ferrari’s Back-To-Work Plan Starts With a Blood Test

The workers, most of them dressed in Ferrari-red factory outfits, stood at least three feet apart as they filed into the company’s medical offices. There, health care workers drew blood for the tests. Eight hours later, they were to be notified of the result of the so-called antibody, or serology, tests—designed to identify people who have been infected with the coronavirus and developed antibodies to it….

Sorry Zoom, this magic interface is the ultimate video chat

Tens of millions of people are working from home. Zoom use has exploded as we’ve turned to video chats—even though they’re exhausting. And whenever we do go back to our offices, we probably won’t all go back. To enable social distancing, more people will work in shifts, and remotely. …