Publications

- July 1, 2017: Vol. 9, Number 7

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Tech junkie: Technological change in the property industry is inescapable

by Alex Frew McMillan

Dealing with disruptions and uncertainties due to technology is the “new status quo”, JLL writes in its 2017 Future of Work report. Not only must people and workspaces become more flexible, but they must also factor in a constant state of flux — and accept that condition.

One of the driving forces is digitisation, which is entering “every aspect of an organisation,” notes JLL. Such digital-driven disruption tends to emerge from a steady calm and to result in profound change. To contend with the complexity of the new working world, real estate, finance and IT departments must now collaborate constantly, with crossover from other disciplines and the C-suite, too.

“None of these issues can be tackled alone, as each touches upon the people, process, technology and place where they intersect,” writes JLL. “The days of siloed, fragmented solutions are gone, especially for real estate.”

Asia: the next tech frontier

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