How technology will affect commercial real estate: study

Credit: Avison Young

Shifts in the way work is done mean the space where it takes place must also evolve

A new white paper published by Toronto-based commercial real estate firm Avison Young examines automation and the future of work, business disruption via technologically driven process innovation and the evolution of property, location and services to adapt to these changes. 

Architecture of the Fourth Industrial Revolution—Distributed Networks and Artificial Intelligence, Impacts and Opportunities for the Real Estate Sector addresses more than real estate. Designed to reduce anxiety about the pace of change and demystify the underlying trends, it contains a reference guide to the technologies as well as a road map for moving forward with updates to occupancy and investment strategies. The paper discusses considerations around the workplace changes currently underway and the potential for some of the technologies themselves, such as artificial intelligence and blockchain.