Real Estate Predictions 2017
What changes lie ahead?
Welcome to the 2017 edition of Deloitte’s predictions for the Real Estate industry. Developed by Deloitte Netherlands, this series examines what changes lie ahead? Discover the Real Estate trends for 2017 that will impact your business. Read about how cyber risk, blockchain, smart mobility and more will affect the real estate industry.
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.
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.
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.
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.
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.