Commercial real estate executives understand the importance of investing in technologies that drive tenant experience, but many are not doing so quickly.
Workforce trends, globalization, and urbanization are reshaping tenant preferences, and a range of new digital and AI technologies ...
...Overall, CRE executives consider interest rate uncertainty, geographic market concerns, and tenant concentration risks their top challenges.
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Digital Enhancements to Tenant Experiences and Back Office Operations
....Accelerate smart building adoption. IoT is becoming an increasingly important element in enhancing tenant/end-user experience. Surveyed CRE executives anticipate that IoT-enabled smart buildings will have a growing influence on tenants’ leasing decisions: 61% of respondents believe smart buildings will be just as or more influential than location on tenants’ leasing decisions. Additionally, 68% believe tenants will pay at least a 6% to 10% premium to be in a smart building.
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