Newmark Expands Global Coworking Business Further With Deskeo Acquisition
Bisnow
Newmark Group has acquired a majority stake of Space Management, which does business in France as the coworking brand Deskeo, for an unspecified price.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Future-Proofing, Sustainability, and Tech Disruption in CRE, Part 3
CREtech
Geoffrey Kasselman of CRG examines the duality of AI and the need for specific and accurate data to leverage it’s full capabilities. He also discusses the technology that is going up against climate change.
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Stepping Across The Pond: Why U.S. Proptech Firms Are Choosing The U.K
Techround
U.S. tech giants Apple, Facebook and Google currently employ tens of thousands of workers across London and, despite the challenges of the last 18 months, all have plans to expand U.K. operations in the months ahead. It’s not just Silicon Valley, however, that sees the U.K. as an attractive expansion market; the fast-growing U.S. proptech community feels much the same way.
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WHAT IS THE METAVERSE, AND DO I HAVE TO CARE?
The Verge
In recent months you may have heard about something called the metaverse. Maybe you’ve read that the metaverse is going to replace the internet. Maybe we’re all supposed to live there. Maybe Facebook (or Epic, or Roblox, or dozens of smaller companies) is trying to take it over. And maybe it’s got something to do with NFTs?
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Layer by layer, 3D-printed housing community rises in Mexico
The Real Deal
Using massive 3D printers, a construction startup is building a housing community in southeast Mexico, one that could help prove the technology’s viability to create sturdy housing for people living in poverty. Icon, a 3D printing specialist, has already completed 10 homes at the community outside Nacajuca in Tabasco, with its on-site Vulcan II printer, according to the New York Times.
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Is The SPAC Boom Fizzling Out?
Crunchbase News
Since February 2021, when the SPAC (special-purpose acquisition company) craze was booming, a market selloff has wiped out about $75 billion of the value of companies that went public using SPACs, according to a Dow Jones Market Data analysis of figures from SPAC research. The analysis examined a group of 137 companies that went public using SPACs by mid-February this year. According to the analysis, these companies have lost 25 percent of their combined value since then. Over the same period, t…
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Tenants rushing back to tour offices, but things still far from normal
The Real Deal
Office tenants are touring buildings at the highest numbers since the start of the pandemic — an early indicator that companies may be ready to commit to new workspaces and sign leases. But this early activity is still far below where it was pre-Covid.
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First Retail, Now Offices Are Set For Conversion To Logistics
Bisnow
Differing fortunes for urban logistics and retail property means that for the past few years, it has often made financial sense to buy retail assets close to big cities and convert them to industrial. The same may now be true of offices.
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EXCLUSIVE PwC offers U.S. employees full-time remote work
Reuters
Accounting and consulting firm PwC told Reuters on Thursday it will allow all its 40,000 U.S. client services employees to work virtually and live anywhere they want in perpetuity, making it one of the biggest employers to embrace permanent remote work.
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Cities and Their Buildings Are Getting Smarter
GlobeSt
Visions for futuristic cities where life-improving technologies proliferate have been around since the dawn of science fiction. But are we approaching a point where we can realistically expect to see these technologies in action? Depending on the technology in question, the answer is increasingly yes. In a previous article on the subject, Jeremy Kelly, a lead director at JLL said that “In this digital age, governments, urban planners and businesses see an opportunity to use technologies—from art…
