Technology
Thyssenkrupp Secures $130M Hudson Yards Contract
The Germany-based company will design and install more than 100 elevators and escalators across Related Cos. and Oxford Properties Group’s 18 million-square-foot, mixed-use development on Manhattan’s Far West Side.
Why Venture Capital Likes CRE Tech Startups
In a podcast interview, Altus Group CEO Bob Courteau discusses the forces accelerating investment in these companies, including increased global competition.
Schneider Electric Rolls Out New Line of Meters
Avoiding outages, interrupted operations and damaged equipment is the goal of the PowerLogic ION9000.
Nextivity Introduces Smart Signal Booster
Cel-Fi GO RED delivers in-building cellular coverage for FirstNet emergency communication to ensure a strong and reliable signal for first responders.
World’s Largest Offshore Wind Farm Begins Operation
Ørsted and two Danish pension funds—PKA and PFA—share ownership of Walney Extension, the 659-megawatt project located off the coast of England.
Construction Tech Startups’ Meteoric Rise
Todd Burns, president of JLL’s project and development services group, explains what led venture capitalists to invest more than $1 billion in these companies in the first half of 2018—a 30 percent increase over 2017’s total.
Yardi Named to Forbes Cloud 100 List
The company was recognized for the third consecutive year among top-tier private companies leading the cloud technology revolution.
WAC Lighting Introduces New Line of LED Luminaires
The Oculux Architectural LED light fixtures, designed to be cost-effective, are IC-rated, airtight and suitable for both interior and exterior environments.
JLL Spark Invests in Dealpath
The deal leaves the company with a stake in the leading global provider of cloud-based technology for evaluating and managing real estate transactions.
Entic, Hilton Partner to Increase Utility Consumption Efficiency
The global hospitality company has seen a 10 percent utility reduction across the portfolio of properties where it has deployed Entic’s building analytics platform.