In today's rapidly changing world, the real estate industry is increasingly recognizing the significance of Environmental, Social, and Governance (ESG) factors in shaping its operations and reputation. ESG encompasses a broad range of considerations, including environmental sustainability, social responsibility, and good governance practices. As stakeholders demand greater transparency and accountability, real estate companies are embracing ESG as a crucial framework for sustainable development.
Industry News and Trends
Smart building technology is, in the broadest definition, the use of technology to make buildings more responsive and intelligent and has the effect of improving their performance.
Businesses across different sectors have been leveraging data to streamline their business, reduce costs, develop marketing strategies, and increase revenues. The real estate industry is no different.
Most people will have heard of the concept of blockchain and may have a basic understanding of what it entails. Until recently, the term ‘blockchain’ was synonymous with cryptocurrencies, such as Bitcoin. Most people will associate blockchain with cryptocurrencies such as Bitcoin and Ethereum.
The challenges of managing building maintenance services can be daunting for property managers and are growing even more so with rising inflation.
In light of recent news about its extent and effects, inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.
It’s no secret that WiFi is a necessity for many people today. In fact, most people would not stay in a hotel if it didn’t offer WiFi.
When people travel, the...
Is it better to go online with payments?
This is a question that some property managers are asking. Tenant reliability increases with online payment. Using the internet, landlords receive on-demand payments if borrowers fail to pay, and landlords are often free to automate their payments.
For better or worse, remote work—or work-from-home—has become the new normal for many businesses. Some companies started a remote work plan for their employees long before the COVID-19 pandemic began. At the same time, other businesses have had to adapt to the changing work environment on the fly as the pandemic unfolded.
Called the “variant of concern” right now, the omicron variant has many mutations and is stealth at spreading, many experts stating that it is more than 500% more viral than Delta, which was at about a 70% increase from Covid-19.
The 26th Conference of the Parties (COP26) wrapped-up last week in Glasgow, Scotland. Quite apart from the yawn-inducing speeches you might expect from any...