Commerical Real Estate Industry Outlook
A nexus of technology advancements and consumer behavior changes
The convergence of one or more technologies is leading to fast-paced, big-bang disruptions in many industries. How will disruptive forces impact the commercial real estate (CRE) sector on a large scale and drive transformative, long term change?
There are a number of dynamics that have great potential to fundamentally change the CRE business over the next decade. Market disruptors in technology—including cloud computing, mobile, social media, and analytics—have primed the sector for some of the most important shifts in its history. It’s important that industry leaders continue to think about the longer-term strategic issues at play and how they can stay ahead of the disruptive forces.
In our inaugural longer-term outlook, produced by the Deloitte Center for Financial Services, we have identified four themes that we believe will result in significant disruption for the CRE industry:
- Collaborative economy
- Disintermediation in brokerage and leasing
- War for talent
- The last mile
This outlook is part of Deloitte’s Financial Services Industry Outlooks series, which provides disruptive trends and bold predictions over the long term for banking, insurance, investment management, and commercial real estate.