The conventional office leasing model has gained fierce competition from the new and shiny co-working model that has become a hand-in-glove fit for modern businesses. Should commercial landlords revisit their office leasing strategy to recapture potential tenants? We dive into whether co-working spaces have thrown a spanner in the works for commercial landlords. Read on.
As humans sometimes we make decisions quickly, other times not so much. We draw conclusions based on our calculations of what we think is right – we live with it and then go on with our day. If we break down the anatomy of a business decision it always looks the same: we want the best out of the cost-to-benefit ratio. What if there was a more sophisticated way to make decisions? So to do things well, to do them on time, and to do them more efficiently than ever before? Well, there is an avenue to achieve this in real estate today: enter PropTech, and more impressively, advanced analytics. Let's dive in.
The way we look at customer experiences is changing quite rapidly, and this is evident in the shift in the way buyers and sellers are interacting.
Juliana Bennett is Re-Leased's Product Manager, and she's based in the beautiful Hawkes Bay region in New Zealand.
This article was produced in partnership with AIRE Software
Purchasing commercial property has its challenges.
In recent times, commercial real estate asset classes have experienced massive shifts. With the rapid rise of the internet, technology platforms and smart buildings, commercial real estate is very much amid its most profound period of change in decades. And some would argue its biggest change ever.
Before and after 5pm – generally speaking – office spaces remain dark.
In the Macquarie Bank Building the business of tomorrow 2018 Commercial Real Estate Benchmarking Report, it’s outlined that 7/10 agencies have increased profits, with 82% anticipating further revenue growth in the 2018 financial year.
The way people shop has changed. And that is no different for landlords shopping around for the best property management team to look after their portfolio.
A great property manager is a true asset to a property owner. Poor property managers, on the other hand, can be detrimental.
I know what you’re thinking.