PropList Blog
13th March 2018
KPMG's Survey from MIPIM 2018
KPMG conducted this survey at the closed-door RE-Invest Summit at MIPIM in March 2018. The 75 delegates comprised of global real estate investors from 52 institutions across 22 countries, with combined real estate investment portfolios worth in excess of $650 billion.
This survey finds that the conversation on the future of Real Estate appears to have moved forward – it’s not just about tech, but rather there is a much wider discussion around innovation, collaboration and change in the real estate sector.
The key highlights of the suvery are:
- 57% said “Property as a Service” will be fundamental to the real estate offering in 10 years’ time.
- 83% said they would be more likely to invest in a smart city than a city that is not fully engaged with technology.
- Some 72% of the audience said they would be willing to pay a premium for assets that offer flexibility of use in order to avoid building obsolescence or retrofitting as a result of changes anticipated over the next 10 –15 years.
- 95% said their organisation has or plans to change its investment strategy in response to the potential impact of future technological advancements.
To download the full article click here.
Request a valuation of your property from local experts
Enquire now