Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Private Equity News
Blackstone Group said it is investing an initial $250m in ClearGen, a new portfolio company that will finance and own distributed sustainable energy infrastructure assets focused on commercial, industrial and institutional customers.
CREtech
From smart buildings to smart cities, two of the most influential and important voices in the world of real estate sustainability will discuss how the real estate industry can take the lead in “Building A Better Future”. Lindsay Baker, Sustainability Consultant for the CREtech Global Innovation Consulting Practice and Brendan Wallace, Co-Founder & Managing Partner at Fifth Wall, are serving as the Co-Chairs for CREtech’s upcoming Reimagining Real Estate Sustainability Summit, Part 1 focused …
Estates Gazette
British Land is launching an app for tenants of its London sites, starting with its Broadgate campus in the Square Mile. The listed landlord has partnered with Equiem on an app that will provide users with curated content about the sites, including their shops and restaurants, as well as providing touch-free access to offices and amenities.
Pittsburgh Post Gazette
Seegrid, a Findlay-based company that develops autonomous vehicles for handling materials in factories and warehouses, announced it closed on a $52 million funding round Tuesday.
The New York Times
After the Sept. 11 terrorist attacks, some landlords installed sturdy posts outside their buildings to guard against future strikes. A legacy of the current health crisis? Kettlebells with handles made of copper.
PlaceTech.
More than 70% of the 30 apartments under construction at Treasure House in Birmingham’s Jewellery Quarter have sold thanks partly to GBuilder’s bespoke 3D application to assist buyers in their purchase.
Pulse – Fatih Birol
This has been a grim year. A global pandemic and a brutal economic crisis have taken a heavy toll around the world. But in one important area – the speed of the shift towards cleaner energy – I see increasing grounds for optimism.
Bloomberg
Deutsche Bank AG told its New York City employees that they can continue working from home until mid-2021, in contrast to rival banks that are seeking to return staffers to offices.
Gensler
While the global health crisis has put many aspects of daily life on hold, it has also afforded time to pause, reevaluate, and reinvent. Our clients, for the most part, are holding. They are hesitant to spend capital on their current portfolios and some are waiting to invest in distressed properties. In the interim, they are looking to the design industry for the things they should be cognizant of as we start to build an evolved future with strong, equitable communities at its core.
Wall Street Journal
Six months after coronavirus lockdown orders closed workplaces across the country, most offices in the U.S. are still quiet. Data from Brivo, a company that provides access-control systems for workplaces, shows that “unlocks” at offices—when someone uses their credentials to enter an office—in late August were down 51% from the end of February. By comparison, visits to manufacturing and warehouse locations, where fewer jobs can be done remotely, remained down by a third.
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