Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
WIRED
Elon Musk made a lot of promises during Tesla’s Battery Day last September. Soon, he said, the company would have a car that runs on batteries with pure silicon anodes to boost their performance and reduced cobalt in the cathodes to lower their price….
GlobeSt
To better understand office occupancy habits since the lockdowns, Kastle Systems has been studying keycard, fob and KastlePresence app access data from 3,600 buildings and 41,000 businesses across 47 states.
Bisnow
At the height of the coronavirus outbreak this spring, when lockdown was at its tightest, average footfall in the UK’s flexible office spaces fell to just 18% of 2019 levels. But a new report shows that in spite of this, companies were still paying for their space, and the number of companies that have actually broken contracts or moved out is relatively low….
TechCrunch
A former CFO of the state of California, Steve Westly is passionate about government. The onetime eBay exec and early Tesla board member has also been a proponent of clean energy for roughly 30 years, so he’s feeling optimistic right now, with former U.S. VP Joe Biden amassing a growing number of electoral votes and widening his lead over Donald Trump as he inches toward an election win….
Bractlet
Property teams serve on the frontline of both tenant relations & services and building operations & maintenance, while also bearing responsibility for reporting and taking action on ESG. Join Bractlet for a discussion with industry experts on what it takes to get the job done on ESG amidst the other obligations associated with their role.
The Wall Street Journal
A robot army is doing training drills in a narrow warehouse by the Brooklyn-Queens Expressway. Behind loading-dock doors covered in graffiti, the chunky metal machines navigate a 23-foot-tall structure stacked with blue plastic bins, sliding up, down and across metal racks as they select bins and move them to the warehouse floor.
he National
Mubadala Investment Company, Abu Dhabi’s strategic investment arm, led a $700 million funding round for start-up Reef Technology as it continues to pivot its portfolio to the technology sector.
The CRE technology benchmarking survey focused on “back-of-house” operations. There were a range of insights, but one theme stood out. That is, the lens through which CTOs and “PropTech” teams are evaluating technology does not necessarily match conditions on the ground for end users….
Logical Buildings
Partnering with Logical Buildings, UDR (UDR:NYSE) deployed Logical Buildings’ SmartKit AI smart building and sustainability platform at their iconic View 34 property in NYC to utilize the award winning technology to provide real-time building energy consumption via a simplified mobile application and dashboard.
The Real Deal
Opendoor is shaking up its C-suite — again — ahead of its closely-watched IPO. On the heels of naming its first chief investment officer, the iBuyer tapped GoDaddy executive Andrew Low Ah Kee as president, co-founder and CEO Eric Wu said in a blog post.
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