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Table of contents
  1. Real estate bounces back
    1. Real estate divides
    2. Hot sectors
    3. Recovery mode
    4. Bouncing back from COVID
    5. Regions rebound
    6. Real estate's GBP 6bn time bomb
  2. A tech-driven transformation
    1. A revolution on all fronts
    2. Where tech adoption and COVID collide
    3. Pandemic spurs accelerated transformation
    4. Robot world and the roaring 20s
    5. Real estate embraces data – at last
    6. Tech drives push towards net zero
    7. Real estate catapults ahead
  3. Life Sciences takes the stage
    1. War for property, war for talent
    2. Location, location, location
  4. ’Smart’ leap for build to rent
  5. A new divide for offices
    1. Yearning for a return to the office grows
  6. Methodology
  7. Interview: James Sheppard, Kadans Science Park
  8. Interview: James Power, SEGRO
  9. Interview: Alexander Betz, PATRIZIA
  10. Interview: Jason Margrave, Quintain
  11. Interview: Paul Bashir, Harrison Street
  12. Interview: Thomas Muller, Union Investment
  13. Interview: Vincent Mezard, AXA IM Alts
  14. Interview: Samantha Kempe, IMMO

Pandemic spurs accelerated transformation

By how many years do you believe technological adoption in real estate in your sector has been pushed forward due to COVID-19?

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Many people have speculated over how quickly COVID-19 has accelerated technological adoption within real estate – but now we have a view from more than 4,000 industry professionals, office occupiers, renters, retail experts and life sciences professionals: five years.

Across all groups this is the most common prediction although the mean response is four years. The impact of lockdowns and the need to rapidly embrace technology is extraordinary: how many people used Teams or Zoom for business 18 months ago?

At the beginning of 2020 the real estate industry was broadly speaking 10 years behind where it needed to be. It has caught up massively – but is still three to five years behind where it needs to be, in my opinion.
Paul Bashir, Managing Director and CEO Europe, Harrison Street

Click below to read the next part of Real Estate Rebound: Robot world and the roaring 20s

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Real Estate Rebound - A tech-accelerated recovery
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Artificial Intelligence Sustainability Coronavirus (COVID-19)

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Ciaran Carvalho
Ciaran Carvalho
Partner
London
T +44 20 7524 6152
Clare Thomas
Clare Thomas
Partner
London
T +44 20 7524 6906

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