While the absorption rate of office spaces is slowing down, the absorption rate for healthcare sector office spaces has increased drastically. The vacancy rate has shown a similar trend when comparing the medical office buildings and the overall office market, though construction of new healthcare facilities and buildings has not increased much, many investors are […]
Real Estate Services Archives
Ghost Kitchen and The Impact on Commercial Real Estate
After a hectic day at work, the last thing one would want to do is to cook. So you grab your laptop and order in. While you may think the food is being whipped up at a nearby eatery, it’s increasingly likely you’re ordering from a ‘ghost’ kitchen with no physical location. Ghost kitchen, also […]
Location data application for Commercial Real Estate Services
Amalgamation of technological innovations with the best business practices has changed the face of every industry, including the real estate sector. One of the tools available to the real estate industry is location software and data analytics. Application of location or spatial data sciences is no longer limited to GIS experts or scientists, and can […]
Concierge Services – Creating Better Workplace Experiences
As the marketplace continues to be highly competitive, more and more attention is being paid to enhancing the workplace experience. Companies around the world are focused on creating a workplace that enables a culture of trust, boosts productivity and ultimately increases their business performance. Employers are cognizant of the fact that an effective work-life […]
Implementation of Blockchain in CRE
From wariness to widespread acceptance, Blockchain technology has come a long way. The underlying technology behind cryptocurrencies, is slowly but steadily altering the business scape, real estate being no exception. The new generation/ current crop of real estate startups are building applications on blockchain technology to deal with the complexities and ambiguities associated with real […]
Designing for Disassembly: Sustainable Building Construction
The US alone produces over 500 million tons of construction and demolition waste that ends up in landfills annually. This is due to the fact that most of the material like gypsum wallboard, timber, and metals from demolition/ dismantling, that can be reused or recycled is not recovered. Not only does it pollute the local […]
Does Your CRE Provider “Get” Tech? Probably Not
Rapid advances in technology have disrupted many organizations across the globe – especially commercial real estate. It’s not surprising, Commercial real estate firms have been known to be lagging when it comes to embracing technology, urbanization, and social changes. Real estate firms need to be a catalyst for change, influencing organizations to invest in business infrastructure, […]
Artificial Intelligence in the Supply Chain
In this two part series of articles, we take a look at the effect of AI on Supply Chain Management (SCM) and its two components Logistics and Warehousing, and its impact on Commercial Real Estate industry. This article deals with SCM which involves managing the entire gamut of activities such as buying, selling and/or leasing […]
The rise of AI in Construction Technology
It is no secret that Artificial intelligence and other technologies have disrupted the current business scape and changed the way business is conducted. The construction industry is no exception. Use of newer technologies has helped optimise operations including risk management, subcontractor management, schedule management, construction site environment monitoring, and security. Currently, the construction industry is beset […]
Smart Cities and CRE: Vestian Leads the Discussion
How will smart cities and smart buildings impact commercial real estate? Vestian brought together government and transit leaders, corporate real estate end users, top legal minds, and industry veterans with Smart Cities experts Melanie Nutter and Brenna Berman to discuss this exciting and evolving topic. Melanie opened the discussion by describing the potential environmental benefits of […]