Smart Buildings

$4.4 Bn Softbank Investment Will Change The Way WeWork

Modern office concept WeWork announced a $4.4 billion investment last week to expand their innovative co-working and co-living business to the Asia-Pacific and across the world. The $4.4 billion investment from the SoftBank Group and the SoftBank Vision Fund will not only bring about more WeWork co-working spaces in new markets, it is also the strongest sign yet that the co-working phenomenon represents the next evolution for the workplace. Founded in New York in 2010 by Adam Neumann and Miguel McKelvey, WeWork defines its mission as “to help create a world where people work to make a life, not just a living.” The substantial investment will accelerate WeWork’s ability to connect more people to WeWork's global community, which currently stands at approximately 150,000 members, as well as expanding WeWork’s presence across the globe beyond its current 160 physical locations in over 50 cities and 16 countries. “Driven by Adam's superior vision and his highly talented […]

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Most Popular Articles

Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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