According to a new report from Building Engines, 89% of property owners believe that technology is shaping the commercial real estate industry, and 84% of owners believe that technology can help the business meet all operational goals.

Though in the past, technology advancements within commercial real estate have transpired slower when compared to other industries, the onset of the COVID-19 pandemic rapidly propelled new, necessary innovations across the field.

Undeniably impacting each aspect of commercial real estate, technology progressions have proven vital to the industry in recent months due to the mandatory shift to remote work.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.