Real Estate Predictions 2017
What changes lie ahead?
Welcome to the 2017 edition of Deloitte’s predictions for the Real Estate industry. What changes lie ahead? Discover the Real Estate trends for 2017 that will impact your business. Read about cyber, blockchain, smart mobility and more. Have an interesting read!
Real Estate Predictions 2017 report
In the beginning of this year we published our eight predictions for the real estate sector, which are now documented in the 'Real Estate Predictions 2017 report'. We hope the predictions enhanced your understanding of the opportunities of these changes. Have an interesting read!
Prediction #1. Cyber Risk
Smart buildings are becoming critical to competitive advantage and can also open new revenue streams, energy efficiency and sustainability. However, with the rise of smart buildings new risks emerge as well. One of them is cyber risk.
Read the prediction: 'Rising cyber risk in real estate through the rise of smart buildings'.
Prediction #2. Crowdsourcing
What is crowdsourcing, and how is it transforming the real estate industry? Read all about it in our second real estate prediction.
Read the prediciton: 'Getting in with the in crowd'.
Prediction #3. Smart Mobility
Car-sharing initiatives are rapidly changing the perception of car ownership and car usage. Combined with the application of autonomous vehicles, that are already operating in some places, this might well be the next game-changer in real estate and area development.
Read the prediction: 'Shared and self-driving cars: a game changer in real estate and area development?'
Prediction #4. Future of Work
Businesses are investing in automation capabilities which promise to reduce their reliance on people to perform routine tasks. At the same time, many are considering ways to outsource, or crowdsource, certain operations to increase flexibility and cut down on fixed costs. Whichever way you look at it, traditional roles are being fragmented.
Read the prediction: 'The world of work is being disrupted'.
Prediction #5. Blockchain 2.0
A year ago we launched the blockchain prediction for 2016 ‘Blockchain: the next game changer in Real Estate’, in which we highlighted the great potential of blockchain for the real estate market. Now one year later we believe in this potential even more.
Read the prediction: 'Blockchain 2017: Done talking, start building'.
Prediction #6. Standardization
The accuracy of data may be more complicated than generally accepted. Standardization in real estate data is the prior condition to effectively use the complete data chain. Financial institutions recognize the need for an industry standard and interoperability of real estate data to optimally guarantee quality, safety and consider data to be an asset.
Read the prediction: 'Standardization of real estate data: the need for partnerships'.
Prediction #7. Ports
The wider maritime sector is going through a trying time. Low freight rates, bankruptcy in shipping lines and increased waves of consolidation are adding pressure to daily port operations and are forcing ports to reassess their strategies. Within this turbulent environment we expect three main topics to surface and become the center of attention in seaports the coming year.
Read the prediction: 'A changing port scape'.
Prediction #8. Smart Cities
Technology has been incorporated by cities for many years. However, the pace at which this adoption takes place is increasing rapidly as disruptive digital technologies have the potential to solve major metropolitan challenges. As a consequence, in 2017 we will see a boost in the transformation of urban areas into smart cities.
Read the prediction: 'Smart cities and the vital role of the government'.