Within the last century, massive population and economic growth have accelerated the global consumption of energy to unprecedented levels, with nearly 30% of the world's total energy being consumed by buildings.
By 2035, the yearly investment required to supply the world's energy needs will rise...
Large, vacant retail spaces are being transformed into vibrant workplace campuses by big tech companies?and it seems this trend is just beginning.
Alphabet Inc., the parent company of Google, has signed a 14-year lease with Hudson Pacific Properties Inc. and Macerich to relocate its office...
A new report released by PwC and the Urban Land Institute finds that artificial intelligence is poised to become one of the most transformative technologies in coming years, as the real estate market undergoes sustained maturation.
The report reveals that despite skepticism about AI's potential...
WeWork announced that it will receive $2 billion from SoftBank -- far less than the $16 billion in cash influx expected from the Japanese behemoth investment firm.
The move to cut funding came after Softbank?s stock price dropped, due to global stock market turbulence in...
The onset of 5G, the next evolution in cellular technology, will bring significant changes within the existing landscape of wireless technology infrastructure and, for many building owners, preparing for this change remains top of mind.
In 2019 the evolution of 5G will have a tremendous...
SureCall, a leading manufacturer of cell phone signal boosters, announced the release of ?Force8, the first 5G signal booster designed to improve cellular connectivity in commercial buildings.
The company launched the new product, which will be available in the second quarter of this year, at...
Machine learning and artificial intelligence-based technologies in the smart building sector are generating new opportunities for value creation in commercial and industrial real estate. Innovations in image recognition, natural language processing and behavioral data are generating a deeper understanding of how occupants interact inside...
The proliferation of low-cost IoT devices is enabling businesses to achieve massive operations and financial efficiencies through remote asset and location tracking in a both industrial IoT and consumer experiences.
Now, a new cellular-based IoT location solution developed by Polte is enabling businesses to leverage...
Creating a technology ecosystem for the world?s most innovative companies and startups starts with a state-of-the-art workplace and True Digital Park, Asia?s most ambitious smart development, is aiming to achieve just that.
True Digital Park, the first global startup and digital innovation hub in Thailand,...
With commercial and industrial office buildings consuming nearly 30% of world?s energy, it?s hard to overlook the impact of smart building innovation in the built environment. Much of the adoption of commercial real estate technology in 2019 will be driven by a need to...
High labor costs and a shortage of workers are creating a fertile landscape for innovation in the construction industry.
Construction costs have jumped 23.6% since 2004, according to a new report by BuildZoom economist Issi Romem.
The spike, which was initially caused by increases in material...
Requirements for connectivity, heralded as the fourth utility, will continue to rise as demand for ubiquitous in-building cellular connectivity reaches unprecedented levels 2019.
The massive consumption of data by smartphone users
Global mobile data traffic is expected to nearly triple to 77.49 from 28.56 exabytes each...
Autodesk?s fast-paced acquisitions, totaling more than $1.1 billion dollars, of BuildingConnected and PlanGrid?portend the company?s strong interest in dominating the future of the construction industry.
The San Rafael, California-headquartered company announced it is acquiring startup BuildingConnected for $275 million after paying $875 million for...
While mining big data in stored information for business intelligence is not a new idea it offers a new way for building owners and portfolio managers to identify trends to maximize profit. ?
The majority of data in the commercial real estate industry is currently...
While 5G, the next evolution of cellular technology, will first impact consumers, it is poised the dramatically change the way we work and significantly affect the commercial real estate sector.
With an estimated 20 billion internet of things devices to reach marketplace by the...
For building owners and landlords, improving tenant?experience and safety is of the utmost importance in a highly competitive marketplace.
Now a?new facial recognition, AI-powered, touchscreen smart video door system offers building occupants frictionless entry - enhancing tenant experience, improving security and saving costs to building...
While the majority of smart building applications today aim to create solutions for enterprise-level customers, a U.K.-based firm is using smart building technology to tackle the problems of poor property conditions related to public housing in urban areas.
Pinacl, a digital and smart building...
Co-working is becoming a behemoth in the world of commercial office leasing. ?A study of 20 metros by Yardi Matrix found commercial leasing of co-working and shared spaces expanded by 62% year-over-year, with a total of 43.5 million square feet of office space rented...
As private equity firms, venture capital funds and commercial brokerages continue to pour billions into the Proptech sector, 2019 will be a year when these technologies and new business models will be tested.?
While there exist a plethora of solutions for real estate technology developed...
After disrupting the commercial office space marketplace through massive investments in co-working giant WeWork, Masayoshi Son-led Japanese SoftBank Group is now capitalizing on another under-utilized asset in the commercial real estate sector- parking spaces. And get ready--the way we park is about to get...
As the onset of 5G, the next evolution in cellular technology, approaches, future-proofing their assets remains top of mind for commercial real estate landlords and property owners.
Cellular connectivity, often called the fourth utility, has become the most significant pain point for tenants, and...
Automated parking a big space-saver for commercial real estate
Population growth and migration to densely populated urban areas are increasing the requirements for parking, which continues to be a persistent problem for commercial real estate developers trying to maximize square footage to meet the demand...
For building owners and portfolio managers, improving tenant experience and future-proofing as technological advancements in 5G, IoT-based sensors and data analytics continue to expand at an increasingly rapid pace, remains top of mind.
The single most powerful means of unleashing the potential of real commercial...
Large private equity players made big bets in late-stage PropTech venture capital funding rounds totaling nearly $3.30 billion to companies like WeWork, Nested and Property Finder in the month of November, according to RE-tech.
A mix of venture capital from private equity and debt financing...
