Real Estate Predictions 2020
Prepare to adapt to the changing market
Deloitte's Real Estate Industry predictions, developed by Deloitte Netherlands, discuss the Real Estate trends for 2020 that will impact you 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 own activities, the Real Estate and Construction players are resolutely 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
The commercial real estate (CRE) industry, which largely operates at the intersection of the physical real estate space and its users, appears on the cusp of a digital transformation. Tenants and end-users are largely looking forward to doing more with the physical space. They are increasingly looking at innovative and personalized technology-enabled experiences.
Prediction 3 | Conversational AI: A potential game changer for real estate customer service
The entire real estate industry is facing significant disruption as new technology and various digital offerings change the way people live and work. Enhanced customer expectations for more and more real-time and high quality services are a major challenge.
Prediction 4 | Campus: The working environment for companies willing to optimize real estate
At a time when the modern economy is knowledge-intensive and relies heavily on innovations, companies have become increasingly specialized and value chains became more complex. Innovation is no longer a closed process that companies and knowledge institutions go through independently.
Prediction 5 | Proptech on the move
As Forbes defines it, proptech is “businesses using technology to disrupt and improve the way we buy, rent, sell, design, construct, and manage residential and commercial property.” Although a relatively young field, proptech startups have already raised over $43 billion in funding worldwide since 2012. In 2018 alone there was an 82% increase from the year before.
Prediction 6 | Diversity & Inclusion: In the Real Estate Industry
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.
Prediction 8 | Where and how will we live in 2040?
Lessons from Brazil’s real estate market
Brazil is facing a series of trends that are affecting the real estate sector across the globe. From rapid urbanization to changing demographics, the challenges in Brazil’s real estate market can be seen in major markets everywhere. As such, an analysis of real estate in this increasingly robust market can offer valuable insights for the sector—insights that can help answer the all-important question, “Where and how will we live in in 20 years?”
Prediction 9 | Smart development of smart places
Creating an intelligent, connected ecosystem that engages all stakeholders
With cutting-edge technologies combining to make them a reality, smart places are the next generation of real estate development. Smart places have evolved from the sophisticated technologies that power smart homes and are now finding their way into offices, industrial areas, shopping centers, and public and residential buildings.
Prediction 10 | From workplaces to living environments. How workplace technologies are likely to impact the real estate sector?
Digital technologies are set to disrupt the world of work
It goes without saying that you would design a building to include lightbulbs and doors, but how about voice-controlled lighting or desk sensors that track user behaviour in the workplace?