Latest Trends and Insights in Real Estate Technology

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  • Tech Workers Fear Their Jobs Will Be Automated in Wake of Coronavirus

    Wall Street Journal

    Technology-sector employees are particularly worried about being replaced by automation, including tools used by employers to cope with the impact of the coronavirus pandemic, according to KPMG LLP. An estimated 67% of workers at U.S. technology companies are concerned about losing their jobs to digital capabilities powered by artificial intelligence, machine learning and robotic software, KPMG said in a report Friday. That compares with 44% among workers at companies outside the tech sector.

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  • Here’s How Offices Of The Future May Compete With Remote Work

    Bisnow

    Before the coronavirus stormed workplaces worldwide, the office sector had hummed along relatively unchanged for much of the past several decades.  Before the pandemic, about 10% of workers able to work remotely did so full time, and an additional 20% did so some of the time, according to Gartner. Now, chief financial officers the company surveyed indicate 19% of workers will go remote full time and 29% will go remote some of the time.

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  • The Evolution of CRE Brokers in a “New Normal”

    Cherre

    Many decisions in commercial real estate are based on market knowledge and historical analysis, but what happens when an unprecedented event takes place? While the full impact of COVID-19 is still unfolding, the CRE industry is thinking about how to plan and move forward when there is no historical precedent to leverage for strategic decision making.

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  • Will a Shift to Remote Work Hurt Commercial Landlords?

    MillionAcres

    When cases of COVID-19 started popping up rapidly in March, a number of U.S. employers were quick to pull the trigger on remote work. In the weeks that followed, a large percentage of companies followed suit. Fast forward about two months later, and many workers have gotten into the remote work groove.

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  • High-End Apartment Owners Dodge Economic Slump

    Wall Street Journal

    Shopping, eating out and other consumer-spending categories are in free fall. But people in premium apartments are still paying their rent, the country’s largest publicly traded landlords were eager to report this month. The seven largest real-estate investment trusts that specialize in mostly high-end apartments each collected at least 94% of their total rent payments in April, according to recent earnings statements.

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  • Miss Your Office? Some Companies Are Building Virtual Replicas

    Wall Street Journal

    Stay-home orders and the shuttering of workplaces have given corporate employees some respite from getting dragged into time-wasting water-cooler conversations. But some companies and their employees don’t want to leave everything about the office behind, it turns out, and are replicating their offices in “SimCity”-like simulations online.

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  • Activation – Pivot to Virtual featuring Michael Fazio of LIV Unltd

    Planned Companies

    COVID-19 Technology & Communication Town Hall Update | 04/30/2020 | Planned Companies | LIV

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  • CBRE, Patrizia, Dexus back Taronga fund

    PlaceTech.

    Asian proptech VC Taronga Ventures has successfully closed the latest investment round of the RealTech Ventures Fund, with significant investment coming from strategic global investors in Asia, Europe and the US.

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  • Amazon Seeks Robot-Taxi Maker

    Wall Street Journal

    Amazon. com Inc. is in advanced talks to buy Zoox Inc. in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology. The companies are discussing a deal that would value Zoox at less than the $3.2 billion it achieved in a funding round in 2018, according to people familiar with the matter.

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  • As Lockdown Rules Ease, Some Want to Keep Working From Home

    Wall Street Journal

    As states begin to lift the stay-at-home restrictions put in place to combat the coronavirus pandemic, some workers now say they are just fine working from home and would like to do so permanently. In response, employers are formulating plans to allow many of their staffers to keep working remotely when the crisis is over. Such a move would have significant implications for everything from rent to congestion to migration in urban work environments….

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