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More Than a Feeling: The business value of a desirable workplace

The Weekly Take from CBRE

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Transforming Real Estate through Technology

This chapter explores the impact of the Internet of Things on the real estate sector, highlighting a significant $800 million deal that signals a shift towards prop tech investment. The discussion emphasizes the transition from asset ownership to operational efficiency, comparing real estate management to airline operations. Key themes include the evolving perception of corporate spaces, the importance of innovative technologies, and the necessity for proactive management to maintain tenant relationships and ensure economic viability.

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