Technology and the Future of Real Estate Investment Management
Against the macro-economic backdrop of climate change, rapid urbanisation and now COVID-19, the industry is facing challenges it has never seen before. Understanding how to negotiate these challenges will require collaboration, new industry standards and the application of technology.
Those real estate investment managers best able to weather this storm will be those who are most innovative and best at adopting emerging technologies.While it is clear that the real estate investment management sector is at the beginning of a process of digital transition, there are many barriers inhibiting the widespread application of technology.
This is most likely due to the lack of a regulatory framework and industry standards regarding the ownership and sharing of digital data, as well as a lack of knowledge of the available solutions.
This report aims to provide a roadmap for the industry, identifying the key process inefficiencies within real estate investment management and highlighting relevant technologies able to overcome them. We hope that this will contribute to the development of a more efficient industry in a time of considerable challenge.
