Scott Cattions, Head of Sales, EMEA at Altus Group paints a picture of what the real estate world could look like in 2035 with the help of a variety of potential proptech technologies.
He conjures up a scenario where portfolio management and decisions become more precise and rapid with the help of powerful data handling and predictive analytics technologies, where due diligence takes place at the touch of a screen and where the sustainability performance of assets is completely integrated with other portfolio metrics.
Could it happen? Scott reminds us that Covid has demonstrated the potential rapidity of change and he draws parallels with the revolutionising effect of fintech. He discusses the ‘pain points’, such as long lead times, affordability and lack of data and makes predictions for the path that proptech will take.
Lastly, he discusses what you should do now and makes several recommendations around technology, not least the least of which is: protect your data!