Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech
Business leaders must reimagine workspaces and the supporting technology to meet new health and safety standards, evaluate key employee needs, and connect a more dispersed workforce. Quartz’s Heather Landy and JLL Global CEO Christian Ulbrich discuss the role of technology as we navigate the next normal of CRE, rebuild employee trust, and create a safer and smarter workplace.
dot.LA
James Segil and Alex Kazerani are two of L.A.’s most successful tech entrepreneurs, but you’ve probably never heard of them because for the last 20 years they’ve been making bets on backend tech infrastructure. Most recently they scored a $36 million fundraise for their latest venture. And now as they look back at their careers, they’ve opened up their playbook to dot.LA.
JLL
Today’s spotlight on creating healthier workplaces goes well beyond implementing physical distancing and encouraging employees to use the stairs. Building infrastructure and hygiene practices, closely monitored by new technology and live data, are being analysed and tested to ensure ventilation, lighting and heating systems are playing their part in safeguarding employees’ health.
Bisnow
In future the materials used in buildings could play a vital role in fighting the climate crisis, as new technology advances could allow bricks to store energy. A research team at Washington University in St Louis, U.S., has found a way to use nanotechnology to fill the pores in a standard red fired house brick with plastic that can conduct electricity and store a charge. That turns the brick into a kind of super capacitor, which can charge and discharge electricity faster than a standard lithiu…
CNBC
As consumer shopping habits change, America’s shopping malls have anointed many saviors: food halls, movie theaters, gyms. Grocery stores could be next on the list. Simon Property Group, the largest mall owner in the U.S., hinted at the idea on an earnings call Monday evening.
The New York Times
On any given day, Central Concrete, in San Jose, Calif., does what concrete companies have been doing for centuries: combining sand, gravel, water and cement to create the slurry that is used in construction.
Washington Post
The massive global shift to remote work since the pandemic began has led to some upsides: More flexibility, no commute, more comfortable pants. But those who sense this grand experiment in working from home also comes with plenty of downsides — longer days, more meetings and more email to answer — are now backed up by data from 3.1 million workers. The average workday lengthened by 48.5 minutes in the weeks following stay-at-home orders and lockdowns, and the number of meetings increased by …
GlobeSt
One of the leading causes for concern is net absorption, which in the second quarter fell into negative territory for the first time in a decade. For those who are in the office sector, one of the global leading real estate companies has two words to embrace if they want to adapt and succeed: flexibility and choice.
Business Wire
SAN FRANCISCO–(BUSINESS WIRE)–HelloOffice, the technology-powered commercial real estate brokerage making the search for office space seamless and intelligent, today announced five key hires to launch its third regional office and lead workplace strategy services….
Wall Street Journal
The world’s biggest coworking companies are starting to close money-losing locations across the globe, signaling an end to years of expansion in what had been one of real estate’s hottest sectors. The retreat reflects an effort to slash costs at a time when the coronavirus is reducing demand for office space, and perhaps for years to come. It also shows how bigger coworking firms, in a race to sign as many leases as possible and grab market share, overexpanded and became saddled with debt and ex…
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