Corporate/Finance: Page 9


  • Dollar Tree's corporate logo and signage is shown at the organization's corporate headquarters.
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    Nate Delesline III/Facilities Dive
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    Dollar Tree eyes distribution efficiency with temperature controls

    The technology is expected to improve operating performance and drive efficiency at its facilities, the retailer’s CEO said.

    By Kelly Stroh • Aug. 30, 2023
  • A medical team takes a patient into the isolation ward in the emergency department of a full-service acute hospital facility.
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    Lisa Maree Williams via Getty Images
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    Deep Dive

    Technology, sustainability and benchmarking are key to optimizing healthcare facility performance

    Focusing on efforts in those three areas can help managers meet demands for greater operational and cost efficiencies, healthcare facilities experts say. 

    By Aug. 28, 2023
  • Close up of a smart electricity meter in the fuse box
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    Rene Notenbomer via Getty Images
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    Redaptive secures $125M from Deutsche Bank to boost efficiency offerings

    The energy-as-a-service firm aims to use the funds to accelerate its metering, HVAC, solar and other sustainability solutions.

    By Aug. 25, 2023
  • A young lawyer works on a laptop in their home office
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    AsiaVision via Getty Images
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    North American workers go into the office less often than others worldwide

    Even in companies with hybrid working policies, employers are seeing fewer employees in the office weekly.

    By Carolyn Crist • Aug. 22, 2023
  • A young boy looks at a laptop in a computer classroom.
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    Anna Moneymaker via Getty Images
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    Modine targets Midwest school facilities managers with TMS Johnson deal

    The HVAC manufacturers’ partnership is expected to strengthen Modine’s Airedale indoor air quality solutions for K-12 schools amid code updates and federal funding programs. 

    By Aug. 18, 2023
  • A general view of the first Daybase hybrid work location in Westchester in Harrison, New York.
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    Eugene Gologursky via Getty Images
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    Return-to-office gains momentum, with U.S. desk reservations up 71%: Eptura

    Facilities managers face pressures to accommodate unpredictable workspace demand and varying occupancy rates for hybrid work amid data scarcity.

    By Aug. 17, 2023
  • A pedestrian walks by a LinkedIn sign on an office building.
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    Justin Sullivan / Staff via Getty Images
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    LinkedIn launches AI tools to identify, connect to job candidates

    When an open position needs to be filled, these tools can be used to craft personalized messages to the most responsive job candidates.

    By Carolyn Crist • Aug. 16, 2023
  • A doctor walks a patient to their room.
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    SDI Productions via Getty Images
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    Deep Dive

    Healthcare facilities teams grapple with capital constraints, decarbonization challenges

    Mounting pressures to slash emissions are throwing a wrench into efforts to secure funding for enhanced patient experience and care outcomes amid rising costs.

    By Aug. 14, 2023
  • A close-up shot of water running from a kitchen faucet.
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    Sara Samora/Facilities Dive
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    Wint clinches $35M to meet water tracking, leak detection demand

    Climate change and damage costs have led to a strong demand for water management solutions across the real estate, construction and insurance industries. 

    By Aug. 11, 2023
  • Pairs of colleagues engaged in discussion.
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    fizkes via Getty Images
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    Nuveen joins rush to use tenant experience data for building operations insight

    Cove’s agreement with Nuveen follows a partnership with Cushman & Wakefield, and comes amid an industry scramble for information that could drive operational efficiencies and return-to-office strategies.

    By Aug. 11, 2023
  • A rendered picture of a modern, chic office lounge. It's an open concept lounge with a nice white table in the center, and a little bar to the left of the photo. Natural light fills the room.
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    Courtesy of Swinerton
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    Insufficient data impacts return-to-office strategies, Envoy finds

    Eighty percent of business leaders and building managers surveyed said they would have approached their policies differently if they had better insight into office usage.

    By Aug. 10, 2023
  • Effective HVAC and controls functionality pushed organic sales up 10% within Johnson Controls' North America building solutions division.
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    vchal via Getty Images
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    Johnson Controls posts strong Q3 results driven by robust demand, backlog

    The company clocked a 10% rise in organic sales within its North America building solutions segment, buoyed by the strength of its HVAC and controls business.

    By Aug. 8, 2023
  • Office for Lease facade
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    Justin Sullivan via Getty Images
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    CBRE earnings boosted by facility outsourcing, technical services demand

    The firm’s expansion of technical labor across the U.S. has driven the growth of its facility services and project management segment.

    By Aug. 7, 2023
  • A building with trees.
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    Courtesy of JLL
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    JLL property management, high-quality building services soften leasing woes

    Boosted by above-average occupancy rates in sustainable and Class-A buildings, the firm cited a positive outlook despite missing earnings expectations.  

    By Aug. 4, 2023
  • A new elementary school under construction in a suburban neighborhood.
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    BrianGuest via Getty Images
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    Schools forced to delay or revise facility projects amid soaring market costs

    Labor shortages and supply chain woes throw a wrench in school projects as market forces balloon total project costs beyond what was initially budgeted.

    By Naaz Modan • Aug. 3, 2023
  • Leasing revenue declines are attributed to lower office activity, which has dampened demand for commercial space amid demolitions and conversions of old buildings.
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    Dragon Claws via Getty Images
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    Cushman & Wakefield sees 20% leasing revenue decline in Q2

    The firm targets $130 million in cost savings for 2023, but posted a $71.3 million first half net loss due to depressed demand for U.S. office space.

    By Aug. 2, 2023
  • Close-up stock photograph showing a touchscreen monitor on which a woman’s hand is asking an AI chatbot pre-typed questions.
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    Laurence Dutton via Getty Images
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    JLL GPT brings conversation-based generative AI to commercial facilities managers

    The firm says the technology will provide building operators more efficient access to space utilization and portfolio optimization insights.

    By Aug. 2, 2023
  • A staffer at the Hotel Trio Healdsburg places drinks within a Relay robot.
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    Retrieved from Relay Robotics on July 31, 2023
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    Robot butlers take over hotel deliveries

    Relay Robotics CEO Michael O’Donnell said the company is in “full-on growth mode” as hotels turn to robots for assistance with making deliveries.

    By Noelle Mateer • Aug. 1, 2023
  • The Ohio Statehouse, located in Columbus, Ohio, is the house of government for the state of Ohio.
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    DenisTangneyJr/E+ via Getty Images
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    Federal government lags behind in facilities upgrades, maintenance

    Performing much-needed repairs and upgrading public spaces is key to retaining talent amid increasing return-to-office mandates, a JLL report says.

    By Aug. 1, 2023
  • Poor outdoor air quality affects indoor air quality, the effects of which can be mitigated only with an effective HVAC or filtering system.
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    Oleksandr Hruts via Getty Images
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    Opinion

    The air we breathe is changing. Here’s how to improve it in your facilities.

    Measuring temperature, humidity, particles and gases is vital to mitigating the impact of poor outdoor air quality, says TSI Incorporated President Tom Kennedy.

    By Tom Kennedy • July 31, 2023
  • Stock image of two construction workers silhouetted against a window with construction cranes in the background.
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    lamontak590623 via Getty Images
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    In rebounding M&A market, HR needs a strategic approach to integrate workplace cultures

    Organizational culture has become a significant consideration for employees choosing where they want to work, and M&A can disrupt that, a new McLean report advises.

    By Laurel Kalser • July 28, 2023
  • The preventable wastage of about 30% of energy used in commercial buildings represents a loss of $57 billion a year, according to data from the U.S. Office of Energy Efficiency and Renewable Energy.
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    Joe Potato via Getty Images
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    Inovues, QEA Tech partnership aims to recoup over 50% of energy lost through building envelopes

    The deal is expected to help commercial building owners reduce energy consumption and slash greenhouse gas emissions.

    By July 27, 2023
  • Close up photo of a man in a suit.
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    Chip Somodevilla via Getty Images
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    SEC votes to overhaul disclosure rules for material cyber events

    After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.

    By David Jones • July 26, 2023
  • A person with long hair is in profile, with binary code projected on their face
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    cottonbro studio via Pexels

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    Can AI make better hires? Maybe, experts say

    AI can make HR's job easier in a myriad of ways, according to a report from The Josh Bersin Company. The utility of AI in hiring, however, remains up for debate.

    By Caroline Colvin • July 26, 2023
  • U.S. Government Accountability Office
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    Federal agencies struggle with office utilization, excess space

    Officials noted that reconfiguration costs and uncertainty over in-office attendance policies are roadblocks to effective space utilization.

    By July 24, 2023