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Real Estate Rebound - a tech-accelerated recovery

After the seismic shifts and re-evaluations faced by us all in real estate over the last 18 months, our latest annual research makes it clear that, for both the sector and its clients, vaccine-led confidence and optimism are supported by two additional forces shaping our future: technology and ESG.

Clare Thomas, Real Estate Partner at CMS introduces Real Estate Rebound

Optimism returns as tech accelerates change

We now know that the pandemic is expected to accelerate real estate’s adoption of technology by four years according to the 4,000+ real estate professionals, office occupiers, retail specialists, renters and life sciences leaders we surveyed this year. We also know that, for the sector’s clients, a drive towards digitalisation and increased innovation will be essential if real estate is to meet the sustainability demands not only of its immediate occupiers but also of investors, governments and society.

How far has the real estate sector actually progressed when it comes to all things Artificial Intelligence, Big Data and the Internet of Things? How far has COVID-19 advanced the need for fully integrated technology that not only increases wellbeing and efficiency but also supports the ESG imperative? Our Real Estate Rebound report explores this topic in detail, and is a barometer for the industry and its market outlook after an extraordinary period of lockdown and the ongoing challenges of the pandemic.

Our research focuses on six key jurisdictions: England & Wales, France, Germany, The Netherlands, Singapore and UAE. We polled occupiers related to the four key asset classes of offices, logistics, PRS and life sciences, to gauge their perspectives on how their markets have engaged with digitalisation and where it has really made an impact. We will be releasing additional insight on each of these markets over the coming weeks.

Another key element of our research has been in-depth interviews with leading investors and developers active across the asset classes mentioned above to understand their wide-ranging views on how technology is impacting these key areas of real estate.

We hope you enjoy reading our report. If you would like to discuss any of its themes in more detail, we would welcome a conversation.