2015 Commercial Real Estate Industry Outlook
Enhance technology. Enable innovation.
In many ways, the commercial real estate (CRE) industry is on more solid footing than it has been for quite some time. The US economy continues to progress and investors are generally seeing robust performance across most property types and markets. Could 2015 be the year for growth for the industry?
- Download the report
- 10 trends for commercial real estate
- Interview with Bob O'Brien
- Macroeconomic fundamentals
- Transaction activity
- Property-specific fundamentals
- Technology & automation
- Security & privacy
- Meet the authors
- More topics
As we look forward to 2015, the macroeconomic environment is expected to continue to improve. The single-family housing sector—pricing and sales—continues to strengthen, albeit at a slow and inconsistent pace. These positive macroeconomic parameters could potentially provide a further boost to the strengthening CRE recovery.
In this Outlook, we highlight 10 areas that the CRE industry will need to give their full attention, ranging from globalization to sustainability. This Outlook, produced by the Deloitte Center for Financial Services, provides an analysis of industry priorities and anticipated trends based on interviews with our leading CRE practitioners to predict what's coming in 2015.
See below for a high-level overview of the anticipated trends and key priorities for real estate players. For the full view into the expected CRE trends, download the report.
This Outlook is part of Deloitte’s Financial Services Industry Outlooks series, which provides insights and trends for banking, insurance, investment management, and commercial real estate.
10 trends for commercial real estate
Interview with Bob O’Brien
What are opportunities and challenges for the real estate industry in 2015? Read this interview with Bob O’Brien, Deloitte’s Global and US Real Estate Industry Leader for insights on industry growth, potential challenges and pitfalls, and the next big thing.
US gaining traction as the preferred investment destination
- The rising foreign investor interest can provide an additional funding source, especially for development
- Companies looking to access foreign capital should understand the investment pattern and objectives to build long-term and mutually beneficial partnerships
A sweet spot driven by a broad-based recovery in deals and pricing
- Companies can take advantage of the robust transaction and pricing environment
- Companies can begin with a thorough due diligence of their existing portfolio, identify the non-accretive properties for disposal, and eventually plan new developments, redevelopments, and/or acquisitions
Tenants’ sustainability focus and technology use redefines space demand and supply
- CRE players should change their demand-supply assessment and factor in the influence of technology and competition
- Increasingly collaborate with potential and existing tenants at the design stage to understand their technology needs and incorporate them as an integral part of the design and/or redesign
Technology & automation
Adoption integral to enhancing tenant engagement
- To maintain a competitive edge, companies need to be progressively aware of new technology
- Companies will need to develop a customized plan for individual as well as overall technology adoption as a “one-size-fits-all” approach is unlikely to work
2015 Commercial Real Estate outlook