Corporate/Finance: Page 5

FM:Systems’ acquisition by Johnson Controls marries occupancy data with controls, former CEO says

Kurt von Koch, who is now an executive at Johnson Controls, discusses the software’s office insights, the acquisition and the future of building management controls.

By Joe Burns • Aug. 31, 2023

Dottid rolls out AI assistant for Asset OS platform to integrate data insights into workflows

The chat interface has a help desk to streamline data integration and ensure accuracy by providing user-specific portfolio information, the proptech firm says.

By Joe Burns • Aug. 30, 2023

Dollar Tree eyes distribution efficiency with temperature controls

The technology is expected to improve operating performance and drive efficiency at its facilities, the retailer’s CEO said.

By Kelly Stroh • Aug. 30, 2023

Technology, sustainability and benchmarking are key to optimizing healthcare facility performance

Focusing on efforts in those three areas can help managers meet demands for greater operational and cost efficiencies, healthcare facilities experts say.

By Nish Amarnath • Aug. 28, 2023

Redaptive secures $125M from Deutsche Bank to boost efficiency offerings

The energy-as-a-service firm aims to use the funds to accelerate its metering, HVAC, solar and other sustainability solutions.

By Nish Amarnath • Aug. 25, 2023

North American workers go into the office less often than others worldwide

Even in companies with hybrid working policies, employers are seeing fewer employees in the office weekly.

By Carolyn Crist • Aug. 22, 2023

Modine targets Midwest school facilities managers with TMS Johnson deal

The HVAC manufacturers’ partnership is expected to strengthen Modine’s Airedale indoor air quality solutions for K-12 schools amid code updates and federal funding programs.

By Nish Amarnath • Aug. 18, 2023

Return-to-office gains momentum, with U.S. desk reservations up 71%: Eptura

Facilities managers face pressures to accommodate unpredictable workspace demand and varying occupancy rates for hybrid work amid data scarcity.

By Nish Amarnath • Aug. 17, 2023

LinkedIn launches AI tools to identify, connect to job candidates

When an open position needs to be filled, these tools can be used to craft personalized messages to the most responsive job candidates.

By Carolyn Crist • Aug. 16, 2023

Healthcare facilities teams grapple with capital constraints, decarbonization challenges

Mounting pressures to slash emissions are throwing a wrench into efforts to secure funding for enhanced patient experience and care outcomes amid rising costs.

By Nish Amarnath • Aug. 14, 2023

Wint clinches $35M to meet water tracking, leak detection demand

Climate change and damage costs have led to a strong demand for water management solutions across the real estate, construction and insurance industries.

By Joe Burns • Aug. 11, 2023

Nuveen joins rush to use tenant experience data for building operations insight

Cove’s agreement with Nuveen follows a partnership with Cushman & Wakefield, and comes amid an industry scramble for information that could drive operational efficiencies and return-to-office strategies.

By Joe Burns • Aug. 11, 2023

Insufficient data impacts return-to-office strategies, Envoy finds

Eighty percent of business leaders and building managers surveyed said they would have approached their policies differently if they had better insight into office usage.

By Joe Burns • Aug. 10, 2023

Johnson Controls posts strong Q3 results driven by robust demand, backlog

The company clocked a 10% rise in organic sales within its North America building solutions segment, buoyed by the strength of its HVAC and controls business.

By Nish Amarnath • Aug. 8, 2023

CBRE earnings boosted by facility outsourcing, technical services demand

The firm’s expansion of technical labor across the U.S. has driven the growth of its facility services and project management segment.

By Joe Burns • Aug. 7, 2023

JLL property management, high-quality building services soften leasing woes

Boosted by above-average occupancy rates in sustainable and Class-A buildings, the firm cited a positive outlook despite missing earnings expectations.

By Joe Burns • Aug. 4, 2023

Schools forced to delay or revise facility projects amid soaring market costs

Labor shortages and supply chain woes throw a wrench in school projects as market forces balloon total project costs beyond what was initially budgeted.

By Naaz Modan • Aug. 3, 2023

Cushman & Wakefield sees 20% leasing revenue decline in Q2

The firm targets $130 million in cost savings for 2023, but posted a $71.3 million first half net loss due to depressed demand for U.S. office space.

By Nish Amarnath • Aug. 2, 2023

JLL GPT brings conversation-based generative AI to commercial facilities managers

The firm says the technology will provide building operators more efficient access to space utilization and portfolio optimization insights.

By Joe Burns • Aug. 2, 2023

Robot butlers take over hotel deliveries

Relay Robotics CEO Michael O’Donnell said the company is in “full-on growth mode” as hotels turn to robots for assistance with making deliveries.

By Noelle Mateer • Aug. 1, 2023

Federal government lags behind in facilities upgrades, maintenance

Performing much-needed repairs and upgrading public spaces is key to retaining talent amid increasing return-to-office mandates, a JLL report says.

By Joe Burns • Aug. 1, 2023

The air we breathe is changing. Here’s how to improve it in your facilities.

Measuring temperature, humidity, particles and gases is vital to mitigating the impact of poor outdoor air quality, says TSI Incorporated President Tom Kennedy.

By Tom Kennedy • July 31, 2023

In rebounding M&A market, HR needs a strategic approach to integrate workplace cultures

Organizational culture has become a significant consideration for employees choosing where they want to work, and M&A can disrupt that, a new McLean report advises.

By Laurel Kalser • July 28, 2023

Inovues, QEA Tech partnership aims to recoup over 50% of energy lost through building envelopes

The deal is expected to help commercial building owners reduce energy consumption and slash greenhouse gas emissions.

By Nish Amarnath • July 27, 2023

SEC votes to overhaul disclosure rules for material cyber events

After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.

By David Jones • July 26, 2023