An overview of portfolio management approach for 2018 at Park Street Nordicom has been discussed within the team and presented to our external partners. Key slides from the presentations are attached.
Rapid progress in digitalisation is transforming operating models and supply chains and creating new digital ecosystems. The commercial real estate (CRE) industry has much to learn and gain from this new digitalisation era. Driving this transformation are two entwined trends. First, emerging technologies like big data analytics, cloud computing, and the Internet of Things (IoT) have sharply fallen in cost and risen in power. These technological is enabling companies to collect, store, categorise and analyse greater amounts of data than ever before which in turn is enabling sectors like CRE to meet institutional class expectations for real-time data and analytics…
Real estate is a sector very much of the physical world, comprised of bricks and mortar, stone and concrete – and yet it stands to benefit enormously from digitalisation. This is obvious for two clear reasons. First, real estate is typically an expensive investment and therefore the scope for efficiency gains in time and cost are significant. Second, real estate requires substantial resources to manage, optimise, buy and sell. The processes which underpin real estate management – from development, to property maintenance, administration, leasing, transactions and finance – are complex. Digitalising these processes can increase efficiencies, expand productivity and knowledge…
We live in exciting and confusing times. Exciting as we are on the brink of the fourth industrial revolution. A new golden age in advancement of scientific knowledge and human progress which will empower endless new opportunities deep into our sector. Artificial intelligence (AI), or artificial thinking, is the wellspring for much of what is to come. It is essentially the science of making machines smart. The convergence of machines and intelligent data – known as the ‘industrial internet’ – will transform industry, society, economies and nations the world over, we are told. This will involve the blurring of the…
What began more than a decade ago as a grassroots movement of freelancers, start-ups and solo entrepreneurs seeking to establish collaborative coworking communities has in recent years catapulted into global phenomenon. The coworking revolution is transforming real estate, promoting networking, knowledge sharing, mentoring and collaboration which is helping to accelerate innovation and re-energise work and re-imagined places of work. In this article, we consider: what has influenced the rapid growth in coworking; the extent those drivers are applicable to the Danish real estate market; and what evolutions are coming to coworking space next. Origins: a grassroots movement A little over…