The global commercial real estate sector faces growing uncertainty around how buildings will be used and valued in the coming years. Business needs and expectations have continued to shift and grow in the wake of the pandemic, particularly with regards to the rise of hybrid work. As a result, many companies are scaling back their…
While technology plays a vital role in delivering a great employee experience, organizations can only deliver on that promise with the right network infrastructure. The way we work has changed dramatically in recent years, with more and more companies adopting a hybrid approach that blends remote and on-site work in many variations. Additionally, the global…
Commercial real estate in the healthcare sector continues to extend beyond traditional venues such as downtown medical office buildings and hospital campuses. In fact, many healthcare providers are constructing or renovating free-standing buildings in residential — or even rural — areas. Shopping centers have also become in-demand locations, as many healthcare providers are branching out…
The U.S. multi-family real estate sector—which spans townhomes, duplexes and high-rise buildings—has been on an upward trajectory that shows no signs of slowing down anytime soon. Renters in particular are seeking out multi-family spaces as a result of rising interest rates and a growing preference for convenience over ownership. However, today’s renters aren’t just looking…
A digital twin is a virtual representation of a process, a person or a physical asset. Think of it as the next-generation computer-aided design (CAD) models, which have long been used to create 3D replicas of buildings. A key difference between the two, however, comes down to IoT technology, which enables digital twins to be…
Real estate technology, also known as property technology or proptech for short, is the term used to describe the broad application of technology in real estate markets. It’s an innovative approach to real estate in which technology optimizes the way people research, rent, buy, sell, and manage a property. Over the last several years, proptech has…
Today’s shoppers expect the ability to research products online, and then quickly and easily obtain them via their channel of choice. For some that might mean online purchase/at-home delivery, and for others it might mean ordering them online, then paying/picking up at a nearby store. Thus, while digital sales have skyrocketed since the pandemic—and show…
Increased demand for industrial real estate—driven in part by pandemic-induced changes in how products are produced, purchased, and delivered—shows no signs of slowing down. In fact, Prologis, the real estate logistics firm, recently announced that it has entered into a definitive merger agreement to acquire Duke Realty, the leading U.S. industrial Real Estate Investment Trust…
Data centers have come to play a vital role in most people’s daily lives. In fact, while many other commercial real estate (CRE) asset classes were negatively impacted by the global pandemic, the demand for data centers skyrocketed. Why? Because the equipment that cloud data centers power and protect made it possible for frontline workers…
How and where employees are working has changed. As a result, what tenants want from their office space has changed as well. Prior to the pandemic, many businesses relied on occupancy planners to calculate how much space they’d need. Maximizing density, which is the number of people that can fit in a given area based…