The commercial real estate (CRE) sector is navigating a dynamic landscape marked by evolving market trends and significant challenges. Rising interest rates, inflationary pressures and shifting consumer behaviors are reshaping the industry. As CRE leaders strive to adapt, they face critical decisions about optimizing their portfolios, integrating advanced technologies and meeting sustainability goals.

Our latest report provides essential insights into these pressing issues, offering a roadmap for CRE leaders to stay competitive and resilient. This is a must-read for anyone looking to drive innovation and efficiency in their real estate operations.

Key findings include:

Competitive advantage:  Investing in smart buildings is a competitive differentiator. Smart buildings not only help retail and commercial real estate leaders achieve sustainability, security and efficiency, but they also give organizations an edge over the competition.

Integration Gaps: Only 13% of retail and commercial real estate leaders say they have fully integrated building systems, leading to inefficiencies and increased risks. This lack of integrated data and insight is reducing operating efficiencies (62%), reducing customer loyalty (59%) and increasing regulatory penalties (57%).

Vital Insights: Building data is crucial for decision-making across various departments, including security, sustainability and facility management. Many leaders recognize the risks they face by having limited data.

Partner Expertise: Leaders seek partners with advanced technology, integration capabilities and industry experience to drive smart building initiatives.