Latest in Commercial Real Estate Tech News by CREtech

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WeWork to Go Public Through BowX Acquisition Corp. SPAC in October

Commercial Observer
9/21/2021

After a derailed initial public offering (IPO) process, WeWork might finally start trading next month. BowX Acquisition Corp., a special acquisition company (SPAC) that agreed to take WeWork public in a $9 billion deal earlier this year, has filed a definitive proxy statement with the embattled coworking company, ahead of a vote on Oct. 19 that will determine whether or not WeWork becomes a publicly traded company….

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Nearly Half Of Companies Want To Downsize Their Office Spaces Post-Pandemic: Report

Bisnow
9/20/2021

Roughly 43.5% of companies want to downsize their office footprint after the coronavirus pandemic ends, a recent survey found. According to a Gensler report released Sept. 7, 39% of top-performing companies said they would plan to downsize after the pandemic. These companies are categorized by the architecture firm as those that have been deemed most innovative, most admired and the best places to work by unspecified ranking lists….

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Buildings account for 39% of global greenhouse emissions — that could be an opportunity for investors

CNBC
9/20/2021

Investing in sustainable buildings could offer a real solution to reducing emissions in one of the world’s most polluting sectors, said Taronga Ventures, an investment firm focused on sustainable innovation and tech.

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Ben Myers of BXP on decarbonizing 50 million square feet

Nexus Labs
9/20/2021

Welcome to Nexus, a newsletter and podcast for smart people applying smart building technology—hosted by James Dice. If you’re new to Nexus, you might want to start here.

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Why hybrid workplace pilots are taking off

JLL
9/20/2021

Companies are launching pilot programs to try new ways of working, an effort aimed at learning what works best before investing in new workplace concepts across their entire real estate portfolios.

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Livly, Becovic Partner to Roll Out Digital Platform Across Apartment Portfolio

Connect CRE
9/20/2021

Livly, Inc., a technology company providing a unified operating system to multifamily residential properties, launched a new partnership with Becovic. The two Chicago-based companies will partner on the launch of the Livly digital platform within Becovic’s portfolio of more than 2,000 multifamily units.

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Homebuying startup Ribbon to take on Midwest, West Coast markets

The Real Deal
9/20/2021

The Southeast-focused homebuying startup Ribbon will expand nationally after announcing a $150 million fundraising round this week. The company, which enables individuals to make cash offers in competitive housing markets, will now push into the Midwest and West Coast, CEO Shaival Shah said in an interview.

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Digital Security in an Ever-Changing Landscape, Part 1

CREtech
9/20/2021

Don Goldstein of 5Q sheds light on how he approaches digital threats holistically and why standardizing security protocols and technology within a company is vitally important.

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JLL commits to net zero target for 2040

PR Newswire
9/20/2021

Today, JLL (NYSE: JLL) announced its aim to achieve net zero carbon emissions by 2040 across all areas of its operations, including the client sites it manages, globally. To deliver this commitment, 95% of JLL’s 2018 baseline greenhouse gas emissions will be fully abated, and any residual offsets required will be limited to no more than 5% of that baseline….

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Retailers Rethink Pandemic-Battered Manhattan

New York Times
9/20/2021

Starbucks has closed more than 40 stores, while adding mobile-order pickup counters in others. Other chains like Sonic are taking advantage of vacancies to establish themselves in New York.

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