The Canadian perspective
Retail landscape transformation
Real estate can lead this change for Canada if industry participants truly embrace and drive this transformation
Rapid advances in technology are poised to disrupt many of the sectors that anchor today’s economy. The impact will be felt across in Canada, which the following observations originate from and are exemplary showcased for. However, the same trends can also be found in other developed countries. Yet many businesses aren’t ready for it – including the real estate industry.
Today, digital disruption is all-pervasive, with technology integrated into our everyday lives. Digital innovation is changing economies and markets, reinventing the way business is done in all industries across the globe. The level of technology advancement organizations are facing today is akin to the industrial revolution of the early 1900s – and it is accelerating our businesses and operating models. No industry is untouched. Some have been impacted immediately, and others, such as real estate, are just now feeling the profound influence of the digital transformation that has been taking place over the past two decades.
REflexions issue 2 - October 2015
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.