Global Real Estate Asset Manager Survey 2019: Technology Usage And Budgets

Published 16 August 2019 by Ibrahim Yate & Rodolphe d’Arjuzon &

Corporate Real Estate Management Property and Portfolio Management Global Survey

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Executive Summary

This report helps real estate asset managers to benchmark their technology deployments and budgets against their peers. The report is an outtake of a survey that Verdantix conducted with 101 real estate asset managers across four geographic regions (see Verdantix Global Real Estate Asset Manager Survey 2019: Priorities And Tech Preferences). Respondents see analytics platforms driven by machine learning and blockchain-based smart contracts as influential technology trends that will soon impact their investment practices. The results also reveal that asset managers look to deploy technology to provide process transparency and centralize accounting as well as financial data. To achieve these aims, 39% of respondents have expanded their budgets in 2019, with even greater budget spend planning afoot for 2020.

Global Survey Reveals Asset Managers’ Technology Usage Habits And Commercial Awareness
Global Survey Of Real Estate Asset Managers Across Multiple Regions

Real Estate Asset Managers Look To Technology To Provide Process Management Transparency
Asset Managers Think Cloud-Based Software And Machine Learning Technology Will Exert The Most Influence Over Investment Practices
Asset Managers Increasingly Rely On Software To Centralize Data At The Portfolio Level
Nine Per Cent Of Asset Managers Are Planning Substantial Spend Increases To Enable New Software Investments In 2020

Table of figures

Figure 1. Geographic Location Of Respondents
Figure 2. Technology Trends Influencing Investment Practices
Figure 3. Asset Managers’ Software Usage Trends
Figure 4. Asset Managers’ Spending Plans 2019-2020

Organisations mentioned

Accruent, AEI Consultants, Artis REIT, Baya, CoStar, Kykloud, MRI, One Spot, Skyline AI, Urban Edge.

About the authors

Ibrahim Yate

Industry Analyst

Ibrahim is an Industry Analyst in the Verdantix Smart Buildings practice. His current agenda covers innovation in software and hardware solutions for space management, workplace management, energy management, smart lighting, proptech and location-based services. Ibrahim joined Verdantix in 2016, and previously worked at OVO Energy and the Energy Saving Trust. Ibrahim holds an MSc in Energy Policy from Imperial College London and MA from Cambridge University.

Rodolphe d’Arjuzon

Managing Director

Rodolphe leads the Verdantix Smart Buildings practice. His current agenda is focused on the convergence of real estate and building software solutions and how to harness the IoT in smart buildings. Rodolphe has over twenty years of experience in technology research and strategy consulting. He co-founded Verdantix in 2008 and previously worked for Barclays Bank and L.E.K. Consulting. Rodolphe holds a PhD in Physics from Cambridge University.