How digital ecosystems could expand the horizons of the CRE sector

Rapid progress in digitalisation is transforming operating models and supply chains and creating new digital ecosystems.  The commercial real estate (CRE) industry has much to learn and gain from this new digitalisation era. Driving this transformation are two entwined trends.  First, emerging technologies like big data analytics, cloud computing, and the Internet of Things (IoT) have sharply fallen in cost and risen in power.  These technological is enabling companies to collect, store, categorise and analyse greater amounts of data than ever before which in turn is enabling sectors like CRE to meet institutional class expectations for real-time data and analytics…

Exploring the digitalisation of commercial real estate

Real estate is a sector very much of the physical world, comprised of bricks and mortar, stone and concrete – and yet it stands to benefit enormously from digitalisation. This is obvious for two clear reasons. First, real estate is typically an expensive investment and therefore the scope for efficiency gains in time and cost are significant. Second, real estate requires substantial resources to manage, optimise, buy and sell. The processes which underpin real estate management – from development, to property maintenance, administration, leasing, transactions and finance – are complex. Digitalising these processes can increase efficiencies, expand productivity and knowledge…

Industrial internet age: accelerated productivity, business model evolution and disruption

We live in exciting and confusing times. Exciting as we are on the brink of the fourth industrial revolution. A new golden age in advancement of scientific knowledge and human progress which will empower endless new opportunities deep into our sector. Artificial intelligence (AI), or artificial thinking, is the wellspring for much of what is to come. It is essentially the science of making machines smart. The convergence of machines and intelligent data – known as the ‘industrial internet’ – will transform industry, society, economies and nations the world over, we are told. This will involve the blurring of the…

Beyond the office: origins of the coworking phenomenon and its relevance in Denmark

What began more than a decade ago as a grassroots movement of freelancers, start-ups and solo entrepreneurs seeking to establish collaborative coworking communities has in recent years catapulted into global phenomenon. The coworking revolution is transforming real estate, promoting networking, knowledge sharing, mentoring and collaboration which is helping to accelerate innovation and re-energise work and re-imagined places of work. In this article, we consider: what has influenced the rapid growth in coworking; the extent those drivers are applicable to the Danish real estate market; and what evolutions are coming to coworking space next. Origins: a grassroots movement A little over…

Investors eye opportunity and softer Brexit amid renewed uncertainty

Investors are rapidly identifying the opportunities which are emerging in commercial real estate markets, after another dramatic and unpredicted 24-hours in British politics renews political-driven market uncertainty. A mix of short and medium-term advantages will now arise for investors and occupiers. In the short term, the UK’s new hung parliament is expected to put downward pressure on the pound, as volatility over the sustainability of the new government lingers, reinforcing the pre-existing ‘currency discount’ for overseas investors. So far today, sterling has fallen by 2% against the euro and the US dollar, which has driven the FTSE 100 up 1%,…