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7 must reads for the AEC industry today: May 21, 2020

Market Data

7 must reads for the AEC industry today: May 21, 2020

'Creepy' tech invades post-pandemic offices, and meet the new darling of commercial real estate. 


By BD+C Editors | May 21, 2020
7 must reads for the AEC industry today: May 21, 2020
7 must reads for the AEC industry today: May 21, 2020

 

1. Warehouses Are the New Darling of Commercial Real-Estate Thanks to a Surge in E-Commerce (Business Insider)
“The U.S. market for warehouse spaces could surge as the coronavirus crisis crams years of online shopping adoption into just a few months.”

2. Here’s What Designers and Architects Anticipate Schools Will Look Like in the Fall and After COVID-19 (Spaces4learning)
"Spaces4Learning, which covers trends in educational facilities design and management, asked designers and architects from across the country what they anticipate classrooms will look like in the fall if they were to reopen, and how the coronavirus will impact school design in the long-term." 

3. Why Multifamily Rents are Holding Up Better than Expected (National Real Estate Investor)
"A feared collapse in apartment rent collections amid the COVID-19 shutdowns has failed to materialize. But can that streak last?"

4. Trust CEO: Hotel Operators Not 'Receiving Any Income For The Remainder Of Year Of Any Kind' (Bisnow)
"Trust Hospitality CEO Richard Millard said the coronavirus has eliminated his company's revenue. Trust operates 31 boutique hotels, and as an operator, he said 2021 might be the next time his company takes in revenue."

5. Creepy Technologies Invade European Post-Pandemic Workplaces (Bloomberg, National Real Estate Investor) 
"Businesses are walking a fine line between keeping people safe and protecting their privacy."

6. Katerra Names New CEO As SoftBank Infuses Another $200M (Bisnow)
"Prefab construction startup Katerra has brought on a new CEO and hundreds of millions of dollars more in capital from SoftBank."

7. Facebook’s Offices Will Be 75% Quieter When They Reopen In July (Forbes)
“Facebook is introducing a raft of social distancing measures in its offices as it prepares to welcome a limited number of employees back from July 6, according to people familiar with the matter who spoke to Bloomberg.”

 

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Senate Republicans' coronavirus relief measure includes provisions that will help hard-hit construction firms recover

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Customized labs give universities a recruiting edge and the U.S. construction pipeline remains robust through the first half of 2020.

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Projects currently under construction stand at 1,771 projects/235,467 rooms, up 3% and 1% respectively, YOY.

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