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WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”

Allwork

Moreover, SoftBank would still own at least 16.5% — with the potential for it to increase to 36% under the new deal. The proposal is reported to have backing from most owners of WeWork’s $4 billion in senior debt and a committee of unsecured creditors.

2024 264
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Report sets out nine ways cities can reduce carbon emissions

Workplace Insight

A report published by the World Economic Forum’s Centre for Urban Transformation sets out what its authors claim are best practices developed by pioneer cities that are reducing carbon emissions from urban development projects. Seattle provides an expedited permitting process for projects that meet embodied carbon standards.

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How To Help The Environment And Your Career? Enter The Growing Green Economy

Allwork

A new analysis from Promoleaf revealed that jobs that relate to the environment, sustainability, renewable energy, conservation, and recycling employ as many as 875,000 workers across the United States. . The post How To Help The Environment And Your Career? Green jobs are set to grow at a rate of 8.6%

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A quarter of projects don’t meet their stated goals – but that’s not because of remote working

Workplace Insight

A quarter of all projects do not meet the business goals that their organisations set for them, according to research published by the Project Management Institute (PMI) in the 15th edition of its Pulse of the Profession report – The Future of Project Work. These projects account for a quarter of all budget lost.

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AI Is Transforming The Future Of Smart Buildings

Allwork

There are many areas where AI can be deployed in the workplace, from sensors and analytics to automation, communication and reporting. In the built environment, these tools are helpful only to the extent the building, systems and corporate policies allow them to be.

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Pittsburgh Office Market Shows Signs of Recovery Four Years After COVID-19

Allwork

Despite urgent signs a month ago, the Pittsburgh office market is reported to be showing healthier in the first quarter of 2024. More specifically, in March a report published by the Pittsburgh Post Gazette , revealed that nearly 50% of the office spaces downtown could be sitting empty by 2028. It’s projected that D.C.

2024 246
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Canada Commits $1.1 Billion to Repurpose Vacant Federal Properties

Allwork

billion investment over the next decade to convert vacant federal government office space into residential units. According to a report published by CBC , the initiative could repurpose 65 million square feet of surplus federal real estate — with a focus on the National Capital Region. If not properly addressed, it’s projected that D.C.

2025 290