- How Do You Measure the Social in Real Estate ESG? “About 51 percent of investors surveyed by BNP Paribas said the social impact is the most difficult to analyze and embed in ESG investment strategies. The study concluded that social data is more challenging to come by, and there’s a lack of standardization around reporting.” (Propmodo)
- Building Retrofits: The Key To Commercial Real Estate Achieving Net-Zero Emissions “Recently, the real estate sector has shifted toward integrating renewable energies and more efficient construction into new projects. That is a good starting point, but first, we must address the millions of existing buildings emitting mass amounts of carbon and improve the energy efficiency and decarbonization of these existing properties.” (Forbes Technology Council)
- Will Inflation Fall? Any Pullback Depends on These Sectors “There are always outliers because of temporary events, such as an interruption to oil supplies. But these usually resolve on their own and don’t tell you much about where inflation will be in a year. So economists seldom try to predict price movements for discrete goods and services.” (The Wall Street Journal)
- Kroger to Grow Last-Mile Network “The Kroger Fulfillment Network and the U.K.-based tech firm Ocado Group power the network. The concept is based on highly automated fulfillment centers, or hubs, that utilize bots and air-traffic control systems to systematically gather orders to be distributed to spoke sites, where associates then collect orders to be shuttled away for delivery.” (Commercial Property Executive)
- Inside Florida's 'Little Moscow,' where Russian money flows thanks to 'rich daddies' snapping up real estate “Russian money has brought a real-estate boom to the region over the years, but now these power players are afraid they might not be able to enjoy the Miami sunshine much longer. As Entin reported, they're worried the escalating Russia-Ukraine conflict will blacklist them from buying American real estate, although Bell said it hasn't been a problem so far.” (Insider)
- New York Region’s Ascension To Biotech Megaregion Still Work In Process “The vision of a stronger, more united region — with early stage innovation centers in New York City and biomanufacturing sites and larger campuses for mature firms in the suburbs, all working in synergy — remains mostly a vision, albeit one that is starting to come into clearer focus.” (Bisnow)
- Coach K’s Last Game at Duke Spawned a $20 Million Real Estate Bubble “With a dozen students per tent, and hundreds of tents next to Cameron Indoor Stadium, the economy of Krzyzewskiville is so booming that even math majors like Rebecca Bell can’t wrap their minds around the numbers: The property inside this tent village would be appraised for about $20 million.” (The Wall Street Journal)
- Russian Oligarchs Hide Their Assets in NYC Real Estate and Intricate Shell Companies “The building on Gay Street is emblematic of how difficult it is to target these sanctions in order to have maximum impact. For years, the U.S. Treasury Department has known that the building is connected to a Russian oligarch — but the feds have either been unable or unwilling to seize the property.” (NBC New York)
- Luxury giants LVMH and Hermès will close stores in Russia temporarily. “Western retailers like Ikea, H&M Group and Nike have made announcements about halting sales and temporarily closing stores in Russia in recent days and expressed their support for the people of Ukraine. Most have said that they will continue to pay their Russian employees.” (The New York Times)
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