Fully remote work plummets, EY finds

As the hybrid model proliferates, smaller companies have increased office space while larger ones have decreased it but enhanced quality, technology and amenities, according to a survey by the consulting firm.

By Nish Amarnath • Dec. 11, 2023

How facilities managers capitalize on hybrid work to better control costs, maintain sustainability, utilize space

Approximately 50% of major global companies will reduce their real estate in the next three years, according to a Knight Frank survey.

Dec. 11, 2023

5 tips for cutting property insurance costs amid climate change

As extreme weather damage increases, firms can upgrade buildings with storm shutters, flood barriers and fire-suppression systems, among other moves, to reduce premiums.

By Jim Tyson • Dec. 7, 2023

MaintainX gets $50M to bolster maintenance, work execution platform

The company plans to use the funding to add AI-driven predictive capabilities, asset health insights and more.

By Joe Burns • Dec. 7, 2023

Mandatory return-to-office will apply to over 400K federal workers by January

The RTO mandate will be new for 122,000 of those workers, according to research from JLL.

By Nish Amarnath • Dec. 5, 2023

Warehouse roofs house New Jersey’s largest rooftop community solar project to date

Solar Landscape will own and operate the two installations on Heitman Capital Management buildings, delivering a combined 8.8 megawatts of clean energy.

By Joe Burns • Dec. 4, 2023

Raise debuts Workplace Analytics for real-time office optimization

The platform integrates human resource information systems and badge tracking data to help owners and operators make more informed workplace space-planning decisions, the company says.

By Joe Burns • Dec. 1, 2023

Amazon Web Services rolls out palm-based identity service for physical, digital security

The AI-powered biometric identification technology intends to improve the accuracy and ease of use of physical and digital access controls, AWS says.

By Joe Burns • Nov. 29, 2023

House committee greenlights federal office space utilization measures

One bill would require federal agencies to return office space to the U.S. General Services Administration if utilization rates drop below 60% for six months within a one-year period.

By Nish Amarnath • Nov. 28, 2023

The property insurance market is softening, but premiums could remain high

Inflation and natural catastrophes will keep premiums high, at least in the near term, for all but the best risks, a specialist says.

By Robert Freedman • Nov. 27, 2023

Cushman & Wakefield AI strategy aims for greater insights, efficiency across CRE lifecycle

AI+ will bring together proprietary data, partnerships and technology to support client decision-making, the commercial real estate services firm says.

By Joe Burns • Nov. 21, 2023

Office-to-residential conversion costs can be 30% lower than new construction: Gensler

Only 25% of the office buildings it assessed for adaptive reuse were deemed suitable for conversion, however, according to the firm’s analysis. 

By Nish Amarnath • Nov. 20, 2023

Matterport partners with Belden on industrial automation, smart building infrastructure

The agreement will help facilities manage their physical environments by improving sustainability and bolstering cost efficiencies across operations, the companies say.

By Joe Burns • Nov. 20, 2023

Tech firms shift from remote to hybrid work: JLL

Tech-enabled spaces and enhanced amenities are priorities for companies with return-to-office mandates, while some firms still see remote-first policies as a talent acquisition tool.

By Joe Burns • Nov. 16, 2023

Envoy adds emergency notifications to combat hybrid work safety concerns

The alerts pull from occupancy data to alert employees based on where they are. The company also introduced data-based attendance insights for proactive space management.

By Joe Burns • Nov. 15, 2023

Boston Logan Airport opens Terminal E after $33M facelift

The renovation, which included exterior insulation, solar power and additional electrification efforts, aimed to improve energy efficiency to exceed Massachusetts energy code standards by at least 20%. 

By Nish Amarnath • Nov. 15, 2023

Why CBRE built an AI playground

The self-service platform aims to help employees leverage generative AI tools without added risk, the commercial real estate services and investment firm said.

By Lindsey Wilkinson • Nov. 15, 2023

BrightGo sweeps up $3M to develop janitorial service management software

The janitorial software company says the money will expedite the development of its centralized dashboard and mobile app integration to help customers manage employees and ease contract payments.

By Joe Burns • Nov. 14, 2023

Facilities management, project management revenues buoy service firms

Increased outsourcing offset sharp declines in leasing, while building technology and hardware providers hung their hats on electrification and automation trends.

By Joe Burns • Nov. 13, 2023

Accurate benchmarking data is critical to building performance standards: ASHRAE panel

Energy audits are important to ensuring buildings comply with standards, speakers said at ASHRAE’s Decarbonization Conference for the Built Environment.

By Joe Burns • Nov. 10, 2023

GSA places 23 properties on the chopping block to “right-size” federal real estate

The U.S. General Services Administration says it plans to reduce its portfolio by 3.5 million square feet and avoid more than $1 billion in costs over the next decade.

By Nish Amarnath • Updated Nov. 10, 2023

Much of North America faces ‘elevated risk’ of blackouts in extreme winter conditions: NERC

Climate change, rising energy demand and natural gas dependence mean “a massive grid disruption is inevitable,” said Mark Spurr, legislative director at the International District Energy Association.

By Robert Walton • Nov. 9, 2023

75% of companies plan to cut office space in 2024, but return-to-office mandates are gaining momentum

Of the organizations surveyed, 82% are concerned about their ability to retain current office space, according to a report from workspace platform provider Robin.

By Nish Amarnath • Nov. 8, 2023

Poppy releases ventilation test kits, partners with Ainsworth

The kits and Poppy’s training and accreditation program aim to help owners and operators monitor air quality and prepare for tighter regulations based on the new ASHRAE standard.

By Joe Burns • Nov. 8, 2023

WeWork declares bankruptcy

FM firms expect minimal market impact as the company seeks to “further rationalize its commercial office lease portfolio.”

By Joe Burns • Nov. 7, 2023