Smart Buildings

Real Estate Developers Should Eye Vertical Diversification into Facilities Management

Real estate developers buy land and create facilities to match the needs of their prospective clients. Once construction is completed, the property is sold, leased, or rented, and the developer’s focus moves to the next project. This is the real estate development business and it has made many people very rich. “Ninety percent of all millionaires become so through real estate. More money has been made in real estate than in all industrial investments combined,” said 19th-century Scottish-American industrialist and billionaire, Andrew Carnegie. The real estate development landscape is changing, however. Undeveloped land with significant growth potential is few and far between, construction costs are rising, and the demands of building design in the smart building era are more complex than ever. Maintaining margins is becoming a challenge for real estate’s bigger players, and the business environment has become inhibitive for new entrants. Scarcity, cost, and complexity, are not the only changes to real estate, […]

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Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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