Automation Is Coming for Commercial Real Estate

GlobeSt | January 14, 2020

Much has been written about the impact automation will have on the global workforce, with manufacturing and related occupations expected to be heavily affected. More recent studies, such as one from Brookings Institution that came out last year, suggest that higher-wage occupations will feel the impact as well. That includes commercial real estate. Indeed, CRE will poised to receive a double-whammy from automation, with the technology reducing the need for space across several industries as well as remaking its own internal processes. This is one of the findings from Avison Young’s newly-released global 2020 Forecast, which covers ten trends to know for 2020.

Spotlight

An interesting paradox exists between architecture/industrial design companies and their counterparts in the construction industry. The architecture and industrial design industries are both highly digitized. On the other hand, companies in the construction industry where all the trenchwork occurs, both figuratively and literally are lagging in the digital transformation of their organizations.

Spotlight

An interesting paradox exists between architecture/industrial design companies and their counterparts in the construction industry. The architecture and industrial design industries are both highly digitized. On the other hand, companies in the construction industry where all the trenchwork occurs, both figuratively and literally are lagging in the digital transformation of their organizations.

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