Real Estate forecasts for 2022

Real Estate Industry predictions developed by Deloitte Netherlands throw light on the trends in Real Estate that will impact business in 2022 and beyond.

Fremont, CA: The predictions developed by Deloitte Netherlands throws light on the Real Estate trends that will affect business in 2022 and beyond.

1. Making cities smarter

Designing buildings and land use planning for urban development in the conventional processes face several constraints. One current design is data-driven design, which is challenging because of land use, economics, feasibility, etc. The planning output reflects a fixed-state based on current problems, while development might take years.

2. Stakeholder expectations and commercial opportunities are met by incorporating ESG

Companies are required to respond to meet growing investor, tenant, and employee expectations, and issues like environmental, social, and governance have emerged as a top focus. According to 60 percent of Real Estate respondents of the 2022 Deloitte Center for Financial Services Outlook Survey, ESG initiatives are driving new business opportunities for their organization, and many of them have the notion that, these are giving them a competitive edge. Real Estate Prediction

3- Real Estate development in the future

Urban transportation is on the verge of revolutionization with the rise of Autonomous Vehicles and ridesharing technology and the impact on real estate is likely to be overpowering and far-reaching. Autonomous driving technology has been invested in by many large vehicle manufacturers in addition to electrification.

4. How Artificial Intelligence can enhance urban planning, asset management, and investments

AI tools can support a review of large files for Real Estate research, quality data checking, and providing an understanding of the driving factors behind trends. Scenario simulation and effect analysis can be used to improve crucial budgeting, investment, and planning choices.

5. CSRD works as a motivator for a sustainable Real Estate industry

There will be a radical improvement in the scope and existing reporting requirements of the EU’s Non-Financial Reporting Directive (NFRD) by the Corporate Sustainability Reporting Directive (CSRD). An ambitious project like this makes it mandatory for Real Estate organizations to report on all relevant inward and outward Environmental, Social, and Governance issues and is likely to have a significant impact in the short term.

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