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Headquarters Optimized

A blog from the team at HqO with resources designed to help landlords optimize their property and create a workspace that tenants will love.

How Technology Is Transforming Commercial Real Estate Office Space eBook

Posted by Zach Driscoll | Feb 19, 2018 6:26:48 PM

In 2017, the real estate technology sector raised over $5 billion in funding – more than 150 times than what was raised in 2010. Once a sector largely overlooked by investors, two out of the three most valuable private companies in the United States, WeWork & Airbnb, are products of a booming RE tech space. To understand how technology is affecting the CRE world today, we put together an extensive eBook that dives into the major technology categories emerging in CRE. Click the button below to download:

 

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This eBook covers 5 major topics:

  1. CRE Tech At A Glance
    • Despite being a $15 trillion asset class, the CRE space has historically been looked upon as a tough market for technology and disruption. Still, a few major players have managed to be successful. We take a look at "Complimentary", "Challenger", and the "Synthesis" phases of CRE technology of the past 30 years.
  2. Internet of Things (IoT)
    • IoT is a suite of technologies and applications that equip devices and locations to generate all kinds of information—and to connect those devices and locations for instant data analysis and, ideally, “smart” actions. These technologies have the potential to have a massive impact on the CRE industry.

  3. Co-working & Space Arbitrage
    • Co-working and space arbitrage have changed the way we think about the utilization of existing spaces. While co-working space makes up only a small percentage of the total available CRE office space, no segement of the market has demostrated more overall growth than co-working.

  4. Data & Personalization
    • In today’s hyper-connected world, the age of personalization is revolutionizing consumer experiences across almost every industry. Millennials place a huge premium on workplace technology. Not only are they more apt to quit a job over poor technology, 8 in 10 would be influenced to take or decline a new role because of it. 

  5. Digital Hospitality & Amenities
    • To compete for the best tenants, landlords must help tenants compete for the best employees, and amenities are a major recruiting tool. Forward thinking landlords are leveraging technology to help tenants tackle the "second shift". The “second shift” refers to chores employees need to do when they leave their day jobs. Removing these annoyances frees employees up to focus more on their workday productivity. 

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Topics: PropTech & CRE Trends

Written by Zach Driscoll

Zach Driscoll is the Customer Acquisition Manager at HqO.

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