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Real Estate Predictions 2020
Prepare to adapt to the changing market
Deloitte's Real Estate Industry predictions, developed by Deloitte Netherlands, discusses the Real Estate trends for 2020 that will impact your business. Read about the effect of climate change on real estate, campus development, diversity & inclusion, and many more.
Prediction 1 | The impact of climate change on the Real Estate sector
Fully aware of the responsibility they have on climate change and the impact this will have on their activities, the Real Estate and Construction players are firmly moving forward from a "plead guilty" position to a "solution maker" role. This results in multiple consequences and challenges.
Prediction 2 | Blending the digital with the physical to augment tenant experience
Considering real estate (CRE) as just a physical space is a thing of the past. The industry is at an inflection point. Real estate tenants and end-user expectations are evolving continuously in terms of how they engage with their physical surroundings. Their expectations require companies to change their mindset and look at real estate as-a-service, which means creating an augmented and memorable experience with the physical space and moving away from a mere functional use. In this article, we will highlight the growing urgency for CRE owners, operators, and managers to prioritise the use of digital to amplify tenant and end-user experience.
Prediction 3 | Conversational AI is a game changer for real estate customer services and related ecosystems
The entire RE industry is facing significant changes as new technology, and various digital offerings change the way we live and work. This article is about the way forward how to level up to get you in shape for the digital future.
Prediction 4 | Campus development
At a time when the modern economy is knowledge-intensive and relies heavily on innovations, companies have become increasingly specialised and value chains became more complex. Campus development generates benefits for companies that want to innovate, grow and create a future-proof working environment. However, there is no blueprint for successful campus development.
Prediction 5 | Proptech on the move
Prediction 5 focuses on the state of Proptech, global trends and growth trajectory. It also takes a deeper look into the Israeli ecosystem, which is the home of more than 7,000 startups, and a rising hub for Proptech startups (currently over 100 companies).
Prediction 6 | Diversity & Inclusion
Traditionally, real estate has been a male-dominated industry, especially in key management positions. Although various efforts have been made to develop a more inclusive environment, there is still a gap that needs filling. It’s a situation that is gaining increasing visibility—as demonstrated by the 2019 publication of the book Managing Diversity & Inclusion in the Real Estate Sector, which focuses on unlocking the potential of diversity and inclusion (D&I) in the sector.
Prediction 7 | Real estate in 2020: the year climate change bears down on investment pricing
Nearly 35 years have passed since the publication of Our Common Future—otherwise known as the Brundtland Report—and its definition for sustainability: “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” Roll the clock forward and sustainability—long time anathema to the world of real estate—is now on the verge of impacting sector values in a way that will redefine the market in the form of climate change risk.