Real Estate News and Innovation: Asset management firms to increase AI spending in the next year
With annual budget and business planning just around the corner, you’re no doubt facing new, rising, or unforeseen expenses. Many of these costs are expected, but there are some that may not be as apparent at first glance. For example, 75% of asset management firms are expected to increase their spending on AI in the […]
Real Estate News and Innovation: Modernizing Tech ‘Mission-Critical’ for Firms in 2024
The real estate investment management landscape is evolving rapidly, driven largely by technological advancements and shifting market dynamics. While the value of real estate continues to expand globally, traditional approaches to technology have largely remained stagnant. A recent survey by Deloitte reveals that 61% of global real estate owners and investors still rely on legacy […]
Real Estate News and Innovation: Industrial & multifamily lead 2024 investment opportunities
According to CBRE’s U.S. Real Estate Market Outlook 2024, this year promises ripe opportunities for savvy investors, with multifamily and industrial assets emerging as prime favorites. In the Capital Markets section of the report, CBRE says these property types boast robust fundamentals, including strong demand, low vacancy rates, and consistent rent growth, making them particularly […]
Real Estate News and Innovation: Data centers are driving growth in the industrial sector
The industrial real estate market has been dynamic, shaped by shifts brought on by the pandemic and subsequent adjustments over the last two years. Currently, the market is experiencing a decrease in net absorption that has been underway over the last two years, according to NAIOP’s Industrial Space Demand Forecast, First Quarter 2024. However, […]
