Smart Buildings

Data Drives Investment. Building Data Drives Real Estate Investment.

“Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth,” said former US president Theodore Roosevelt. While his words may be as true today as the day he uttered them, just over 100-years ago, the process of “well-selected” may have changed somewhat as cities matured, data emerged, and then data emerged in real estate. Today, property investment decisions rely on data and those properties that can provide more data can increase their chances of being “well-selected” by investors. Sister trends, fintech and proptech, may have similarities due to the shared big-data age concepts they were born from but these technology groups face very different business landscapes. The property industry deals with the real world of land and weather, concrete and steel, where real-world data is used by engineers, security managers, and space […]

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