Eres : Digital Library : Works

Paper eres2016_71:
Disruptive Innovations in Real Estate

id eres2016_71
authors Weber, Viktor Franz Paul
year 2016
title Disruptive Innovations in Real Estate
source 23rd Annual European Real Estate Society Conference in Regensburg, Germany
summary This professional publication addresses disruptive trends in technology and innovation in the context of the real estate industry, covering 3D-printing, artificial intelligence, robotics, synthetic biology and sensor technology. Since the adaptation rate of innovations is comparably slow within all real estate sectors, it was deemed reasonable to analyse likely changes as well as opportunities, induced by the aforementioned technologies, for the real estate industry.Amongst those changes could be drastic shifts in the demand for office and special purpose real estate, a significant extension in property life-cycles, research and investment decision automation, diminishing costs for sustainable developments, job-redundancies and a significant acceleration of planning as well as development.A continued procrastination in the adaptation of various technologies is likely to lead proportionally to diminishing competitive advantages and changes of corporate status quo. Accordingly, opportunities for new actors and sectors within the real estate industry will emerge.
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
ratings
session Revolution and Evolution: Hi-Tech and Real Estate
last changed 2017/11/18 16:16
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