WeWork Burned Half A Billion Dollars In Cash In Q3
Bisnow
WeWork burned through $517M during the third quarter of 2020 as the company struggles against coronavirus pandemic-inspired headwinds that have dealt the coworking business model a body blow.
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
WeWork burned through $517M during the third quarter of 2020 as the company struggles against coronavirus pandemic-inspired headwinds that have dealt the coworking business model a body blow.
EY
Watch this webinar, available on demand, for an important and timely exploration of how real estate organizations are managing the complexities of the new workplace – hosted by EY.
Bloomberg
Alphabet Inc.’s Google is building a new campus near Seattle, increasing its presence in a region that is home to Amazon.com Inc. and Microsoft Corp. Google bought a 10-acre plot close to its existing campus in Kirkland, Washington, and plans to use it to expand in the area, according to a memo sent to employees earlier this week that was seen by Bloomberg.
GlobeSt
Recently Cherre and Planned Grocery announced a partnership to integrate grocery retail data into a real estate data platform. Planned Grocery’s data shows investors where and when new grocery stores will be built with the exact location, size, opening date and data source.
Savills and Workthere
The fourth Global Flexible Office Sentiment Survey by Workthere, Savills’ dedicated flexible office advisory service, revealed an uptick in positive sentiment for the flexible office sector amongproviders in North America over the next twelve months.
Sifted
The hotel industry has been hit hard by the coronavirus pandemic, and may not recover for years (even if there is a vaccine). At the same time, many believe that remote working is here to stay.
NewCities
TechCrunch
For all the myriad ways Amazon has made shopping more convenient, the last-mile delivery can be an issue. The company’s Key service is an attempt to address those issues, offering a way for packages to get delivered even when residents aren’t home or are otherwise unreachable.
The Wall Street Journal
Airbnb rentals in desirable winter locations have already started to book up for the holidays, but for travelers seeking a home away from home, Airbnb is no longer the only game in town.
Office Snapshots
What will a post-Covid workplace look like? It is difficult to give a meaningful answer to such a weighty question when the experiences, responses, and protocols for dealing with a global pandemic, let alone recovering from one, vary greatly from nation to nation, city to city, and person to person.
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