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Executive Summary

This report explores the key trends that will impact the real estate and built environment space in 2024 and beyond, such as the effects of global economic turbulence, energy price volatility and high inflation. Verdantix has assessed the competitive dynamics, innovation trends and corporate strategies impacting different segments across the smart buildings market, to uncover the major trends we expect to influence firms’ strategies and investments in 2024 and the coming years. 

Table of contents

10 predictions for real estate and the built environment in 2024 and beyond

About the authors

Ben Readman

Industry Analyst
Ben is an Industry Analyst in the Verdantix Smart Buildings practice. His current research agenda focuses on ESG strategies and technologies for real estate, and corporate real estate technology investment strategies. Ben Joined Verdantix in 2021, having previously worked as a researcher at CECAN and as a sustainability officer for the NHS. He holds a Masters in Environmental Strategy from the University of Surrey and a BA in Geography from the University of Birmingham.

Sophie Planken-Bichler

Analyst
Sophie is an Analyst in the Verdantix Smart Buildings practice. She joined Verdantix in 2023, having previously worked as a landscape architect at James Blake Associates, where she gained experience in sustainable design and environmental policy. Sophie holds a BSc in Geography from the University of Exeter.

Sandy Rogers

Principal Analyst
Sandy is a Principal Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on the intersection of IT and OT digital strategies and technologies, including the IoT landscape. Sandy’s experience prior to joining Verdantix includes work as a research director and technology industry analyst in IT service technologies and operations at Forrester, and at IDC, where she covered software, vertical markets and web services. Sandy has worked in competitive research and strategy consulting at Fuld & Company and developed research for thought-leadership at Deloitte. She holds a Business Degree in Marketing and Management Science from the University of Rhode Island.

Amelia Feehan

Senior Analyst
Amelia is a Senior Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on digital twins, IoT solutions and architecture, engineering and construction (AEC) software. Prior to joining Verdantix, Amelia worked as a façade engineer at Arup, where she gained experience in sustainable building design and construction. She holds an MEng in Civil, Structural and Environmental Engineering from Trinity College Dublin.

Harry Wilson

Industry Analyst
Harry is an Industry Analyst in the Verdantix Smart Buildings practice. His current research agenda focuses on emerging solutions for building energy management, alongside strategies for building decarbonization. Prior to joining Verdantix, Harry worked as a mechanical engineer at Arup, where he specialized in the design of net zero facilities across the commercial, science and technology sectors. He holds an MEng in Mechanical Engineering from the University of Nottingham.

Joy Trinquet

Senior Analyst
Joy is a Senior Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on integrated workplace management systems/connected portfolio intelligence platforms (IWMS/CPIP), building systems integrators, and space and workplace management solutions. Joy joined Verdantix in 2019, having previously worked at BNP Paribas Asset Management as a business development intern. She earned a BA degree in Economics with a concentration on policy, as well as dual minors in computer science and business studies, from New York University.

Claire Stephens

Research Director, Smart Buildings
Claire Stephens is Research Director of the Smart Buildings team. With 18 years of experience in the sector, Claire is recognized as an expert in industries that make up the built environment, in particular, corporate and commercial real estate, and workplace and sustainability technologies. At Verdantix, Claire will be digging into building technology for building owners, occupiers and investors, focusing on how to support them in reaching their ESG objectives. Prior to her arrival at Verdantix, Claire launched Asia’s first corporate real estate, green building and building technology publications. She has also delivered full lifecycle real estate consultancy services covering a broad range of asset types in industries including financial services, oil and gas, pharmaceuticals, technology, consumer goods, media, retail and hospitality.

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