How can property investors tap into the power of digital to achieve better outcomes across their investments?
Digital innovation is rapidly transforming Britain's property industry and Arup is at the forefront of this change.
We’re already reaping the benefits of digital
Digital tools like data-driven analysis and BIM (building information modelling) are already helping us improve how buildings are designed and constructed, heighten the experience of the people who interact with them and allow us to analyse how they’ll perform in the long term. All of this has the ability to impact long-term valuation.
But fully realising the potential of digital requires property developers and owners of corporate real estate to move away from a tactical use of digital design thinking to a more strategic approach that touches all aspects of their portfolio management.
These are the findings of a major new Arup report.
The report, which was launched in March 2017 at property expo MIPIM, looks at how digital is beginning to transform every stage of the property life cycle.
Digital means your potential clients can now envision the future
You can enable your key audiences, such as agents and potential tenants, to see and hear for themselves what the future development will look and sound like. That's how we helped developer Derwent get the local property market on board with its plans for the White Collar Factory.
“Design and construction is rapidly changing as cloud-based building information modelling leads to faster, more cost-effective and more accurate project delivery.”
Digital means you can make informed decisions about how your investments operate
Operational performance can be radically improved through comprehensive data capture and analysis, as the Crown Estate found when they asked Arup to look at energy consumption across their central London properties.
Digital means you can make better decisions about what to invest in
Deciding where to invest or what to decommission will be easier when you have detailed portfolio-wide information easily displayed, as the work that we’ve done with the University of British Columbia demonstrates.
The report proves there are myriad wins to be achieved by weaving digital into every phase of property investment.
By simultaneously considering the physical asset, the digital dimension and the human experience, you’ll be able to make better decisions and achieve better outcomes from your property portfolio.