Realcomm Weekly Briefing: Friday, October 4th, 2024

Want to stay ahead in the ever-evolving landscape of property technology? Subscribe to our LinkedIn newsletter for weekly insights and updates. Don't miss out on the crucial developments shaping the future of real estate.

INDUSTRY   |    BISNOW

JLL Acquires Cloud-Based Leasing Brokerage As It Accelerates ‘Tech Journey’

JLL has added a new technology to its platform as it seeks to build out its digital leasing capabilities. The company announced the acquisition of technology-powered brokerage Raise Commercial Real Estate Tuesday. Terms of the transaction weren't disclosed. Raise's cloud-based application streamlines leasing tasks to assist clients and brokers with items such ...

1 min read  

RETAIL   |   COMMERCIAL PROPERTY EXECUTIVE

SITE Centers Completes Spinoff of Curbline Properties

After nearly a year since its board of directors approved the split, SITE Centers, a national owner of open-air shopping centers, has completed its spinoff of Curbline Properties Corp. into the first and only public REIT focused exclusively on convenience retail assets. The new REIT began trading yesterday on the New York Stock Exchange under the ticker CURB.  

3 min read  

ESG   |   PROPMODO

Five Projects Leading the Building Decarbonization Charge

Buildings have a carbon problem. Most of the carbon produced in the country is created to power buildings. This has created both an opportunity and a threat to the real estate industry. The threat comes from regulations that are forcing building owners to reduce carbon consumption. The opportunity comes from investors and tenants who favor sustainable ...

7 min read  

TECH   |    HOUSINGWIRE

Matterport introduces AI tools for property photos and descriptions

Matterport, a technology company that creates 3D models of buildings, has rolled out a tool called “defurnish,” which is an AI-powered function that allows agents to remove items in staging photos that don’t fit or reflect poorly on the space. Defurnish is one of a number of new tools Matterport rolled out this week as the company seeks to improve how agents ....

1 min read

PROPTECH  |    BUSINESSCLOUD

PropTech AUAR ships its robotic micro-factories to US

Construction tech startup Automated Architecture (AUAR) is shipping two of its robotic micro-factories to the US as it expands operations to North America. AUAR’s micro-factories will be deployed by Rival Holdings, a real estate development and construction firm, to build thousands of sustainable and affordable homes across the Midwest. The partnership aims to address the ongoing housing crisis in the US ...

1 min read

INDUSTRY   |   NEWSROOM CBRE

CBRE Partners with Johnson Controls to Expand Comprehensive Energy ...

As part of its drive to accelerate decarbonization and improve energy efficiency, CBRE has partnered with Johnson Controls to expand access to turnkey efficiency upgrades and retrofit opportunities that do not require a capital outlay in markets in Continental Europe, the Middle East, Asia and the Pacific. CBRE and Johnson Controls are simplifying the complexity of sustainability ...

1 min read

SUSTAINABILITY    |   PARAMETRIC ARCHITECTURE

8 Most Sustainable Office Buildings

Through energy-efficient systems, rainwater harvesting, and smart use of materials, these sustainable office buildings not only reduce their impact on the environment but also serve as powerful examples for future developments in sustainable architecture. With the growing concerns of climate change, water scarcity, pollution, and many more, the need to design more sustainable and responsible buildings ...

6 min read

ENERGY   |   ENERGY STORAGE NEWS

Developer in Ireland submits application for Europe’s first multi-day iron-air battery project

Developer FuturEnergy Ireland has announced its intentions to build Europe’s first iron-air battery energy storage system (BESS). The company, a joint venture between two state-owned groups, forestry business Coillte and electricity generation, transmission and distribution business ESB, has submitted a planning application for the proposed Ballynahone Energy Storage project to ...

1 min read 

TECH   |  MIT TECHNOLOGY REVIEW

The coolest thing about smart glasses is not the AR. It’s the AI.

In case you missed the memo, we are barreling toward the next big consumer device category: smart glasses. At its developer conference last week, Meta (née Facebook) introduced a positively mind-blowing new set of augmented-reality (AR) glasses dubbed Orion. Snap unveiled its new Snap Spectacles last week. Back in June at Google IO, that company teased a pair. Apple is rumored to be working on ...

4 min read

PROPTECH    |   ARABIAN BUSINESS

Dubai rises as epicentre of PropTech innovation as city’s real estate firms chase ...

PropTech startups in the MENA region secured $200 million in funding in the first half of 2024, surpassing even the traditionally dominant fintech sector. Dubai’s rapidly growing urban landscape and its vision of becoming a global digital hub have made the adoption of technology essential for maintaining competitiveness. Dubai is positioning itself as the epicentre of PropTech innovation ...

5 min read

Want to stay ahead in the ever-evolving landscape of property technology? Subscribe to our LinkedIn newsletter for weekly insights and updates. Don't miss out on the crucial developments shaping the future of real estate.