Real Estate Technology
Real Estate Technology: Threat or opportunity?
31 May 2017
Real estate is a sector at the cusp of a tech-driven revolution. In this next phase of real estate sector transformation, the business of ‘bricks and mortar’ will no longer be about bricks and mortar.
In this paper, RealTech Ventures’ Steve Maarbani explains the global growth of RealTech and provides a perspective on the future of RealTech together with the implications for real estate sector participants.
Blockchain technology: the next big thing in commercial real estate
Blockchain technology has recently been adopted and adapted for use by the commercial real estate (CRE) industry. CRE executives are finding that blockchain-based smart contracts can play a much larger role in their industry. Blockchain technology can potentially transform core CRE operations such as property transactions like purchase, sale, financing, leasing, and management transactions. In particular, we have found that among the core CRE processes, leasing is well-suited for blockchain adoption. When we consider the processes and the need for smart contracts, leasing meets the prerequisites for using blockchain technology. In this report Deloitte dive deeper into the value proposition of blockchain technology and its applicability to property leasing and management processes.
PropTech 3.0: The Future of Real Estate
Andrew Baum – Oxford University
In this research we interviewed over 50 real estate professionals, entrepreneurs and capital providers. From one side, we heard that none of these startups know what they are doing and that young entrepreneurs misguidedly regard real estate as a sure thing. From the other, we heard that real estate people are not good at strategy and are determined to protect inefficient fee-earning practices.
2017 seems to mark a turning point. PropTech 2.0 has been building such mass and momentum that it will change the world. But real estate is a slow moving asset class, and the real estate industry is highly conservative. How will this play out? This report maps this emerging sector and focusses in particular on the impact of tech change on the character of this enormous asset class.
Will the Australian property sector seize the upside of disruption?
EY, PCA, GBCA
For Australia’s biggest industry, responding to these dramatic shifts is particularly challenging because of the extended life of buildings. The cities and infrastructure we build today will serve generations of Australians to come. The Property Council of Australia, Green Building Council of Australia and EY present this report as an introduction and will follow with more
in-depth thought leadership and events to inform the industry, so that it may embrace the upside of disruption. They hope the report is the catalyst for the industry to challenge its assumptions about the future so that it is preparing for change on all fronts.
How Human Connections Will Ultimately Shape the Future of Real Estate
As we hurtle toward a future of quantum computing, robotic workmates and 4D conference capabilities, and driven by a need for greater connections to each other, the community and nature, JLL explore the possibility that humanity is the true architect of the future.
Disruption = Demand OCCUPIER DECISION MAKING IN AN AGE OF DISRUPTION
There has arguably never been a more disruptive time to be in business. The orthodoxy surrounding the global economic cycle has been severely challenged. This paper argues that real estate matters.
Companies that recognise the contribution that real estate makes in delivering strategic intent are winning through. Resilience and competitive advantage derives from well considered real estate choices. In contrast, those that secure office space with a staid supply chain driven mentality accompanied by a steady-state projection of real estate needs, lose their edge. These organisations are challenged by the disruptive impacts of new technology and associated need for new talent to drive organisational change.
Innovations In Commercial Real Estate Preparing For The City Of The Future
Technology and innovation are challenging traditional business models in the CRE industry. As the government reshapes the cities of the future and tenants emphasize occupant wellness, CRE owners also have to re-invent their strategy to remain competitive. With these thoughts in mind, Deloitte have identified five themes that they believe CRE owners should consider integral to their business strategy.
Most of these themes are enablers, which if used strategically and timely, can equip CRE companies to make their physical space future-ready:
- Future of mobility
- Occupant health and wellness
- Internet of Things
- 3D printing technologies
- Demographic data and predictive analytics
Assets vs. Access: A Digital Reality For Commercial Real Estate
14 September 2016
The commercial real estate industry is one of the slowest to adapt to the digital age. But it has to change its mental and business models or risk getting disrupted by tech innovators. In this article, authors Michael Berman, Barry Libert, Megan Beck and Jerry (Yoram) Wind outline a five-step process called PIVOT to help companies change.
Automated Technology: Driving Change In Real Estate
In this paper CBRE discuss the role of new technologies in the transformation of the supply chain and the implications for the industrial and logistics sector.
Autonomous vehicle technology is likely to affect industrial real estate in many important ways.
With the adoption of driver-less trucks, the trucking industry will be able to cut its labor costs, shifting its focus toward building technological systems that can meet the demand for goods more efficiently while focusing more on inventory and occupancy costs.
3D printing is rapidly becoming an integral part of industrial manufacturing.
The global 3D printing market is on track to exceed $21 billion by 2020, and the demand for 3D printers, materials and services will exceed $10 billion by 2018 (Consumer Technology Association & UPS).
Automation within the logistics space will change the way facilities are built and maintained.
The rise of automation will affect logistics facilities, transforming the labor component and altering the way operators configure and build their warehouses and distribution centers.