Property Management


  • Young businessman working alone at his desk on desktop computer in an open space modern coworking office.
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    .shock via Getty Images
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    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 Dec. 11, 2023
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    Shutterstock / Golden Dayz

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    Sponsored by Skedda

    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
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    petesphotography via Getty Images
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    Deep Dive

    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
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    Amorn Suriyan via Getty Images
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    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 Dec. 7, 2023
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    John Rehg via Getty Images
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    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 Dec. 5, 2023
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    Wichien Tep via Getty Images
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    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 Dec. 4, 2023
  • A modern office space with hanging lights and shared deskspace.
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    Alvarez via Getty Images
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    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 Dec. 1, 2023
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    Courtesy of Amazon Web Services
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    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 Nov. 29, 2023
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    Douglas Rissing via Getty Images
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    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 Nov. 28, 2023
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    MicroStockHub via Getty Images
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    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
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    Supatman via Getty Images
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    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 Nov. 21, 2023
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    Mirror Image Studio via Getty Images
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    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 Nov. 20, 2023
  • Futuristic Technology Retail Warehouse: Worker Doing Inventory Walks when Digitalization Process Analyzes Goods
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    gorodenkoff via Getty Images
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    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 Nov. 20, 2023
  • Two tech office workers walk down a hall looking at a laptop.
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    Hxyume via Getty Images
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    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 Nov. 16, 2023
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    Urbazon via Getty Images
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    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 Nov. 15, 2023
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    Retrieved from Massport on November 15, 2023
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    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 Nov. 15, 2023
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    Charise Wilson Photography via Getty Images
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    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
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    Permission granted by BrightGo
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    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 Nov. 14, 2023
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    Mediaphotos via Getty Images
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    Earnings

    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 Nov. 13, 2023
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    Luna Marina via Getty Images
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    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 Nov. 10, 2023
  • The U.S. Federal Building and Courthouse in Ft. Lauderdale
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    Felix Mizioznikov via Getty Images
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    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 Updated Nov. 10, 2023
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    Polina-Petrenko via Getty Images
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    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
  • Interior of a coworking office space with computers and laptops in desks. Modern open plan office with no people.
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    alvarez via Getty Images
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    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 Nov. 8, 2023
  • Poppy's BreatheScore Kit product image, including sensors and phone app interface.
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    Permission granted by Poppy
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    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 Nov. 8, 2023
  • WeWork To Adjust Corporate Governance, Valuation Ahead Of IPO
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    Drew Angerer via Getty Images
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    WeWork declares bankruptcy

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

    By Nov. 7, 2023