Social Impact
- measuring Real Estate's influence on society
With the rise of ESG reporting, whilst the environment has taken centre stage, the social impact of real estate has also climbed up the agenda. While most sustainability efforts aim to minimise or prevent environmental harm, social impact initiatives focus on creating positive change, improving lives, and enhancing communities. What is less clear, is what this actually means in practice, how to measure social outcomes and how best to compare these activities so overall, the contribution of real estate to its communities and wider society is effective and positive.
This paper examines the concept of social impact, how to measure it, the potential challenges organisations can encounter and the steps the sector should take to make further progress.
Explain
- an introduction to the use of Artificial Intelligence in real estate
Artificial Intelligence (AI) and its potential impact is currently front of mind for most real estate organisations. AI is still a relatively new and complex concept, exciting for some but intimidating for others, and not knowing how to get started with it can hold organisations back from taking action. Whatever your view, there seems little doubt that it will have a significant impact on property companies, the buildings we own and operate, and the users of those buildings. Ignoring it, or waiting to see what happens, is not an option.
AI is such a vast, fast-moving topic that it is impractical to provide a step-by-step guide of how to use it. Instead, this paper aims to bring some context to how AI might apply specifically to real estate organisations. It provides a taster of the type of use cases where AI might offer a solution, the impact on people and buildings, the challenges associated with its adoption and finally, some approaches to consider as AI becomes integrated into the sector.
DATA ENABLED - a different perspective on a Data Enabled relationship between building owner and user.
Today, modern buildings need owners, occupiers, property managers and technology suppliers to work together in order to run a high performing building for its users.
Collaboration is primarily people driven but technology and data play a crucial role both in facilitating connectivity between people and providing the information and insights needed to support decision-making. This paper considers the role of technology and considers whether data can be the ‘great enabler’ in improving the relationships between building stakeholders; ultimately to provide better buildings for all.
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REPURPOSING - a look at digital transformation in real estate and how it impacts Repurposing.
In this report, we explore digital real estate and the impact it has on the repurposing of buildings. We look at how technology is driving demand, the barriers to repurposing buildings and how technology can help over come these, as well as the actions needed for the sector to successfully move forward.
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GOVERNANCE - a look at digital transformation in real estate and how it impacts Governance.
In the fourth of our reports, we explore digital real estate and the impact it has on the governance of a building. We look at what is changing and why, as well as the actions needed for the sector to successfully move forward.
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PERFORMANCE - a look at digital transformation in real estate and how it impacts performance.
In the third of our reports, we explore digital real estate and the impact it has on the performance of a building. We look at what is changing and why, as well as the actions needed for the sector to successfully move forward.
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In the second of our reports, we explore digital real estate from the perspective of the planet. We look at the impact on the planet, the role of data, sector wide implications and identify the actions needed for the sector to move forward.
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PLANET - a look at digital transformation in real estate from the perspective of the planet.
PEOPLE - a look at digital transformation in real estate from the perspective of people.
In the first of our reports, we explore digital real estate from the perspective of people. We look at the impact on people, the role of data, sector wide implications and identify the actions needed for the sector to move forward.
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