Futureproofing Assets in an Evolving Market – Investors’ Perspective

Technology is changing the way commerce is conducted globally and every sector, from manufacturing to services, is gradually experiencing the impact in multiple ways. Real estate is not immune to this and is already beginning to experience the dynamism that technology brings to the core of how businesses are run. We are also witnessing these changes in the way buildings are being constructed and infused with elements that foster sustainability and capture changing human preferences. However, most buildings that were completed a decade ago are facing the risk of becoming obsolete, unable to accommodate the new age requirements of millennials. Upgradation, thus, is no longer just an aspiration; but a way to survive redundancy.