Tag: daily_digest

CBRE has acquired a 35% share in Industrious in a deal that values the flexible office firm at over $600 million ahead of a potential initial public offering this year.

This year will be a chance to take lessons learned from 2020 and apply them to create a workplace environment that values wellness, collaboration and flexibility.

The office isn’t dead contrary to some belief. Instead, it will play an essential role for companies adopting hybrid policies and improving the employee experience.

After news of Knotel being acquired by Newmark Group came to light, some wondered whether this deal would be a conflict of interest for Newmark’s clients and landlords.

As companies weigh out what their next workplace strategy will be, one thing is certain: the office will undergo major changes and never look the way it did pre-pandemic.

With the vaccine rollout already underway, many companies are starting to think about how they will bring back workers to the office.

Coworking space, 1871, is acquiring the assets and intellectual property of Catapult.

Remote work is likely to be part of the new normal; however, the number of workers working remotely is likely to decrease once restrictions are lifted.

Recent research from Cushman & Wakefield and George Washington University’s Center for Real Estate and Urban Analysis found that flexible and adaptable work environments are the future of the office.

WeWork has reduced the price of most rental units, which points to a potential slow recovery following the coronavirus pandemic.