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Just as commercial real estate (CRE) began to recover from the impacts of COVID-19, the industry is now entering a new era of financial pressures. Driven by an uncertain economy, aging infrastructure, extreme weather events, and a more conservative insurance underwriting landscape, property insurance premiums are climbing at an alarming rate. In Q1 2024, commercial […]
Editor’s note: FM Perspectives are industry op-eds. The views expressed are the authors’ and do not necessarily reflect those of Facilities Management Advisor. In recent years, the conversation surrounding climate change has intensified, prompting many businesses to take greater responsibility for their environmental impact. Recognizing the urgency to address climate-related risks and opportunities, regulatory bodies such as […]
A new survey reveals that while many U.S. businesses are embracing smart building technology to increase energy efficiency and lower costs, they may fall short of their goals due to an inability to master the data. Toggled, a building management solutions company and wholly owned subsidiary of Altair, recently surveyed more than 500 U.S. facility decision-makers throughout […]