The commercial real-estate industry is investing in technology in a big way with “proptech” investment expected to reach US$6.3-billion this year. This includes solutions “for creating, developing, renovating, buying, selling, marketing and managing real estate”.
AI systems include everything from elevator maintenance to heating efficiency. Tenants can remotely control lighting, temperatures and fans in individual rooms. Drones are used to plot sites and monitor locations after completion. Soon technology will be imbedded in all aspects of commercial real estate.(Read more)