Latest Trends and Insights in Real Estate Technology

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  • Berkadia’s Powerhouse Poll Outlook for 2024

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Berkadia’s 2024 Powerhouse Poll indicates a growing optimism among commercial real estate professionals, foreseeing increased transaction activity, particularly as institutional investors gain momentum. The survey, conducted in December 2023, reveals that economic conditions are expected to moderate, prompting a more active investment landscape in 2024. Notab…

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  • H2 Green Steel, based in Sweden, secures $5.2 billion in new funding according to Reuters

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. H2 Green Steel has successfully raised €4.75 billion ($5.17 billion) in funding for its pioneering green steel project in Boden, Sweden. The funding includes €4.2 billion in debt financing, nearly €300 million in equity from investors, and a €250 million grant from the EU Innovation Fund. The total funding for the plant, which utilizes hydrogen produced from …

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  • Edge transfers ownership of Berlin’s newest landmark, EDGE East Side, to PIMCO Prime Real Estate

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Real estate developer Edge has successfully delivered EDGE East Side to PIMCO Prime Real Estate. The innovative and open architectural design of the approximately 140-meter-high office building near Warschauer Brücke sets a new landmark in Berlin. The tallest completed multi-story building in the city, it comprises 37 floors covering approximately 80,500 squa…

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  • Better Buildings Partnership Launches Updated Green Lease Toolkit to Begin 2024

    CREtech

    Thanks for keeping up with the CREtech Community in the News! This article features Sarah Ratcliffe, CEO, Better Buildings Partnership, set to take the stage at CREtech London on May 8-9, 2024. For more news about members of the CREtech Community, follow us on Linkedin. The Better Buildings Partnership (BBP) has unveiled its enhanced Green Lease Toolkit, a comprehensive online resource designed to promote sustainability in commercial real estate. With legal clauses covering key areas such as bui…

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  • Philadelphia plans to energize up to 25% of its buildings using solar energy sourced from the Adams County Array

    CREtech

    Thanks for keeping up with the CREtech Community in the News!  For more news, follow us on Linkedin. Philadelphia is set to make significant progress toward its goal of powering all city-owned buildings with renewable energy by 2030, with the launch of an 80-megawatt solar field in Adams County. The solar project, initiated by Mayor Jim Kenney in 2018, will provide 70 megawatts of renewable energy, covering 23-25% of the city’s electricity needs. The project, delayed due to the pandemic, secured…

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  • Speakers from Landsec, Vornado Realty Trust, Avison Young and Urban Land Institute Join the CREtech London Main Stage Lineup on 8-9 May

    CREtech

    Reimagine the Built World at Europe’s Leading Real Estate Innovation and Sustainability Conference & Expo New York, NY (January 29, 2024) — CREtech, the leading global technology and sustainability conference company devoted to Reimagining the Built World, proudly announces that Alexia Nadeige Pamela Laird, Sustainability Director, Landsec, Kat Hanna, Co-Managing Director London, Avison Young, Lauren Moss, Senior Vice President – Chief Sustainability Officer, Vornado Realty Trust, and Simo…

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  • PwC’s Real Estate 2024: Unveiling Emerging Trends

    CREtech

    Thanks for keeping up with the CREtech Community in the News!  For more news, follow us on Linkedin. Despite facing challenges like higher interest rates and limited capital, Canadian real estate companies express confidence in overall demand, attributing it to the country’s immigration-driven population growth. The market is becoming more divided, leading companies to approach all asset classes with caution. In response to market pressures, businesses explore emerging opportunities, including d…

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  • London Gresham Street Office Retrofit Secures £200 Million Approval

    CREtech

    Thanks for keeping up with the CREtech Community in the News!  For more news, follow us on Linkedin. The £200 million office retrofit at 65 Gresham Street is set to be one of the largest building reuse projects in London’s Square Mile. The mixed-use scheme will preserve 70% of the existing building, adding four new top floors to reach 12 stories and increase space from 270,000 sq ft to 410,000 sq ft. The project includes public realm improvements, new retail outlets, and sustainable office space…

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  • WeWork Struggles to Revise Leases as Landlords Seek Clarity on Restructuring Proposal

    CREtech

    Thanks for keeping up with the CREtech Community in the News!  For more news, follow us on Linkedin. Despite achieving $3.7 billion in savings by rejecting and amending leases, WeWork is still grappling with financial strain as talks for further concessions continue. The co-working company, currently in chapter 11 bankruptcy, has successfully reduced approximately 16% of its long-term lease expenses, but the burden of numerous leases persists, impacting its financial health. Original article pos…

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  • White House Unveils National Definition for Buildings with Zero Operating Emissions, as Announced by USGBC

    CREtech

    Thanks for keeping up with the CREtech Community in the News!  For more news, follow us on Linkedin. The White House and the U.S. Department of Energy (DOE) have unveiled a draft national definition for zero-emissions buildings, marking a significant step toward aligning the building sector for greater emissions reduction. The definition focuses on three key principles: high energy efficiency, zero on-site emissions from energy use, and reliance solely on clean energy. The forthcoming LEED v5 fr…

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