A game changer in real estate and area development?
Shared and self-driving cars
The expected increase of (self-driving) car usage could partly be offset by the application of new technologies that will make traffic flow much more smoothly.
Shared and self-driving cars have moved from fantasy to reality. Car-sharing initiatives from the likes of Uber, Lyft, Snappcar, and Blablacar are rapidly changing the perception of car ownership and car usage. Combined with the application of autonomous vehicles, which are already operating in some places, this might well be the next game-changer in real estate and area development. We expect large-scale pilot projects in Europe in the coming years aimed at getting a better understanding of the related challenges and opportunities that lay ahead.
REflexions issue 5 - May 2017
REflexions is a bi-annual digest, dedicated to the real estate investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.