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Technology Outlook 2020

Andrew Phipps • 03/12/2019

Many areas of the real estate industry have been transformed by the implementation of technology. From the construction of buildings to their asset and property management, we are seeing structural changes in the way occupiers, investors and real estate advisory companies do business across the board In this report, we look at the key tech trends that will make the difference in 2020 –exploring how technology is evolving, how ethical values are related to the growth in data usage, and how you can plan for new technological strategies.

New construction techniques

2020 will likely see a jump in the use of Building Information Modelling (BIM), which is now considered a major development within the industry. This involves the use of data and 3D modeling to manage the physical and functional characteristics of a building during the construction process. Startups within the industry are also developing the use of robotics to aid in the most dangerous stages of constructing a building.

 

Analytics are the new normal

Big data has given rise to smart buildings, which streamline time-consuming processes and provide full visibility of building operations. The insights generated can help property managers to reduce expenses, improve people’s experience of the workplace, and address inefficiencies (e.g. office space is used for just 42% of the day on average). Increased use and availability of data also helps real estate agents to better advise occupiers on the right location.

 

More startups in real estate
Real estate stakeholders continue to look for ways to optimise investments and avoid decreasing returns. Some take a venture capital approach by investing in companies that are building tech tools, whilst others build these internally. A common method is to hire workers with skills in the technological realm and integrate them within the traditional real estate skillsets. But a growing part of the real estate landscape now consists of initiatives from tech companies and new entrants, who will continue to challenge the industry. In our Technology Outlook report, we further examine how the industry is catching up – and how machine learning is changing investment.

Technology Outlook report

Find out how investors and developers can fully capitalise on 2020's changing landscape.

Explore all of the Outlook 2020 articles:

demo
Insights • Forecast / Outlook

Demographics Outlook 2020

Over the last 40 years, Europe’s population aged 65+ has almost doubled in size. Meanwhile, 55% of people now live in cities, and single-person households are increasingly standard. In our Demographic Outlook report, we examine how real estate is reacting to these trends – and where the opportunities lie in 2020.

Andrew Phipps • 03/12/2019
political
Insights • Forecast / Outlook

Political and Economic Outlook 2020

Change is the “new normal” – and in 2020, the real estate sector is likely to face the continuing effects of a global economic slowdown, trade wars, and the further polarisation of politics and an ongoing talent shortage.

Andrew Phipps • 03/12/2019
costs
Insights • Forecast / Outlook

Construction Cost Outlook 2020

The construction industry is not typically thought of as a driver of change – and its buildings are still assembled in largely the same way they were 50 years ago. Now we're seeing tech solutions to address rising construction costs.

Andrew Phipps • 03/12/2019
environment
Insights • Sustainability

Environment Outlook 2020

Currently, buildings are responsible for 40% of energy consumption and 36% of CO2 emissions in the EU, so it is critical that the real estate sector plays its part in helping achieve climate goals.

Andrew Phipps • 03/12/2020
investment
Insights • Forecast / Outlook

Investment Outlook 2020

Who will be the risk-takers?
Although weak economic growth and historically low yields are likely to continue in 2020, there are still opportunities to seek higher returns – and an increasing number of investors are willing to try. However, any high-yield property asset will come with risks that need to be understood, so investment intelligence is more important than ever. In our new Investment Outlook Report, we take a look at the key trends in store for 2020, including:
Andrew Phipps • 03/12/2019
logistics
Insights • Forecast / Outlook

Logistics Outlook 2020

2020’s headline news is that logistics real estate will continue to be driven by key trends in e-commerce, technology, and labour availability.

Andrew Phipps
tech
Insights • Technology

Technology Outlook 2020

The real estate industry is now witnessing some fundamental changes. After years of lagging behind the pace of technological change, property is beginning to catch up.

Andrew Phipps • 03/12/2019
cbd
Insights • Forecast / Outlook

Outlook 2020: Central Business Districts

Should we leave CBDs behind? The Central Business District used to be the beating heart of a city. In recent years, however, changes in behaviour, technology and economic life have led to a greater spread of activity.
Andrew Phipps • 03/12/2019
change
Insights • Forecast / Outlook

Outlook 2020 Social Change

In our Social Change Outlook report for 2020, we look at the most important factors driving change in the new decade – not just for society in general, but also for the future of real estate.

Andrew Phipps • 03/12/2019
retail
Insights • Forecast / Outlook

Retail Outlook 2020

New mindsets will drive change

Today’s retail sector is undergoing major disruption, fuelled by a set of powerful technological, social, demographic and economic forces.

Andrew Phipps • 03/12/2019
mixed
Insights • Forecast / Outlook

Mixed Use Outlook 2020

The concept of mixed use property development is undergoing a revolution. The new generation of developments will be altogether different: genuine multi-functional spaces that increase flexibility, create experiences, and provide maximum connectivity.

Andrew Phipps • 03/12/2019
desktop screen at home with iphone with Skype logo
Insights • Commentary

Leadership Resilience

The resilience of our leadership is brought into sharp relief during times of crisis. The nature of the crisis is moot, it’s how people in positions of responsibility respond and the messages they send to their teams, clients, and in the cases of governments around the world, their electorate and the voracious 24-hour news cycle. 
Andrew Phipps • 07/04/2020