Realcomm Weekly Briefing: July 3rd, 2024
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FEATURE? ?|? ? REALCOMM
The Digie award winners were announced at Realcomm | IBcon 2024 on June 20 at the Tampa Convention Center. Since its inception in 1999, this prestigious award recognizes outstanding companies, real estate projects, technologies and the next generation of smart, connected, high-performance, intelligent building systems, that have gone above and beyond to positively ...
12 min read ?
ESG? ?|? ?UTILITY DIVE
The tech giant will invest in the buildout of Taiwan’s clean energy capacity for the rights to procure up to 300 MW of solar power from New Green Power’s development pipeline. Google is partnering with BlackRock’s Climate infrastructure business by making a capital investment in one of the firm’s Taiwan-based portfolio companies, New Green Power, BlackRock announced Monday.
1 min read ?
INDUSTRY? ?|? ? FINGERLAKES
New York’s Building Code Council is set to include the All-Electric Buildings Act in its 2025 code update. The 2023 law bans natural gas and other fossil fuels in new buildings. All-electric cooking and heating will be required for new buildings of less than seven stories by 2026, and 2029 for taller buildings.??
1 min read ?
AI? ?|? ? YAHOO FINANCE
China is far ahead of other countries in generative AI inventions like chatbots, filing six times more patents than its closest rival the United States, U.N. data showed on Wednesday. Generative AI, which produces text, images, computer code and even music from existing information, is exploding with more than 50,000 patent applications filed in the past decade, according to the World Intellectual Property Organization (WIPO) ...
2 min read
WORKPLACE? ?|? ? COWORKING INSIGHTS
Three quarters of UK businesses are on the hunt for a new workspace, according to new research from NCG. The digital infrastructure specialist commissioned an independent survey of 1,002 senior decision-makers within UK businesses. It found that 70% of businesses currently use an office or workspace on a hybrid (46%) or full-time (24%) basis. Serviced offices (37%) are the most common type of space businesses use.??
3 min read
TECH ? |? ?INAVATE
Ever smarter IoT platforms are helping businesses transform, Paul Milligan speaks to Matthew O’Halloran from Smart Spaces to find out more. With a background in providing software and app design for the property industry back to the company’s formation in 2010, it was when they were developing a booking system for Marriott Hotels in 2017 that brothers Dan and Tom Drogman recognised a need for workplaces ...
6 min read
ENERGY? ?|? ?COMMERCIAL PROPERTY EXECUTIVE
The number of microgrids at U.S. commercial real estate properties has jumped in recent years riven by the desire for greater sustainability, resilience and electrification. And the growth is expected to continue as extreme weather events escalate and aggressive corporate decarbonization goals loom. “The commercial sector is flourishing and there’s a lot of applications where microgrids just make a lot of economic sense, mostly for customer ...
8 min read
WORKPLACE ? |? ?BISNOW
Office markets across the country have been struggling, and Raleigh, North Carolina, is no exception. Raleigh-Durham’s office vacancy rate was 15.6% in Q1 2024, a 140-basis-point increase quarter-over-quarter. Despite this number, there are signs of hope, since it is less than the national office vacancy rate of 18.2%. Additionally, there are success stories in the market, including ...
4 min read?
INDUSTRY? |? ?COMMERCIAL PROPERTY EXECUTIVE
Three things need to happen before more consumers get on board with electric vehicles: faster charging time (under 20 minutes), a 350-mile plus driving range and a lower purchase price. Despite these obstacles and other hiccups along the way—like how this year’s elections could shape policy—EVs are here to stay.
4 min read
MULTIFAMILY? ?|? ?MULTIFAMILYPRO+
a new Miami residential condo office tower sweetens the deal for buyers by providing an individual, deeded and furnished office with each condo unit purchased. One Twenty Brickell Residences, a 34-story, 240-unit tower, also offers more than 60,000 sf of exclusive residential amenities. Each glass-paneled private office, located on floors two through ...
1 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.