A recently released global survey by JLL of 1,006 senior real estate decision-makers during May and June 2023, including 600 CRE leaders at major occupiers and over 400 leaders at real estate investors, landlords and developers, pulled together numbers on how landlords and tenants are looking at property tech.
About 91% of the occupiers are "willing to pay a premium for tech-enabled space." However, what that means isn't necessarily clear. There are many aspects of a tech-enabled space, such as reducing power use and water, improving air quality, managing property access, scheduling facilities use, and managing security.
But out of all of the possibilities, the top choice for the largest share of planned increases in technology spend is sustainability management. That covers a number of tech products and systems that companies say they're planning to adopt: energy and emissions management, smart energy infrastructure, and sustainability reporting tools.
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