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This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Smart building startups are gaining a foothold in the commercial real estate sector as indicated by the Increasing deployment of innovative building technologies developed by new entrants. Building owners and operators are adopting AI and IoT building systems to reduce their carbon footprint, achieve higher levels of operational efficiency, maintain low running costs and make buildings more comfortable places to work and visit. This trend to deploy innovation from startup companies was illustrated in October 2020 when several new building projects and installations, across complete portfolios were announced. Australia-based AMP Capital awarded Brainbox AI a contract to install an autonomous AI HVAC (heating, ventilation, and air conditioning) system across its managed real estate portfolio. This includes central business district office buildings, retail shopping centers and logistics facilities throughout Australia and New Zealand. BrainBox AI was created in 2017 with the goal of redefining […]
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In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
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