Disruptive Innovations in Real Estate

Viktor Franz Paul Weber

ERES from European Real Estate Society (ERES)

Abstract: 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 lifecycles, 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.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2016-71 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2016_71

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().