Smart Cities

New Challenges for Commercial Real Estate Mean New Challenges for Cities

“The coronavirus disease (COVID-19) crisis has hit the commercial real estate sector hard. Containment measures implemented in response to the pandemic severely affected economic activity and reduced the demand for commercial property,” states the International Monetary Fund’s (IMF) April 2021 Global Financial Stability Report: Preempting a Legacy of Vulnerabilities. “Part of the adverse impact — particularly on the retail, office, and hotel segments — could be permanent, as some activities may continue to take place virtually in the future and others may relocate outside of large cities.” The impacts of the pandemic on commercial real estate could be permanent, forever reshaping our cities and the economy as a whole. The vacancy rate for retail space increased to 10.6% in the first three months of 2021 as more and more consumers convert to online shopping as a standard for many forms of purchasing. In fact, the percentage of retail purchases made online nearly doubled to 20% […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

SmartVatten 2025
Smart Buildings

Smartvatten Strengthens European Position with 2025 LeakLook Acquisition

This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. It updates our previous article in March 2024, covering Smartvatten’s solutions, key developments in 2024, sustainability partnerships and the September 2025 acquisition of LeakLook, a Finnish specialist in IoT-driven water monitoring for real estate. Smartvatten Profile Established in […]

Johnson Controls Tyco Merger
Smart Buildings

Johnson Controls + Tyco: Nearly 10 Years on from the $16.5B Mega Merger

Nearly 10 years after the merger between Johnson Controls and Tyco in 2016, the $16.5 billion deal stands as one of the most significant consolidation moves in the building technologies sector. Today, with the benefit of hindsight and financial data, we can evaluate whether this mega-merger achieved its ambitious objectives. The 2016 merger created a […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.