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Document Type: | General |
Publish Date: | 2021 |
Primary Author: | Coen van Oostrom and Christian Ulbrich |
Edited By: | Saba Bilquis |
Published By: | World Economic Forum |
The drastic impact of COVID-19 and the deepening of related crises inspired the World Economic Forum’s global real estate CEO community to rethink real estate and align on a vision of buildings and cities that are liveable, sustainable, affordable, and resilient. With leadership from these CEOs and input from their senior executives (deputies), this vision, along with a set of enablers and case studies, comprises this Framework report.
The Framework for the Future of Real Estate described in this Insight Report provides a set of enablers, including accelerating digitalization and innovation to address everything from construction costs to the occupant experience; upskilling and attracting workers with specific talent and knowledge of digitalization and sustainability; demonstrating clear, value-proof business cases for investment in technology, sustainability, and affordable housing; engaging stakeholders, both across the industry value chain and with the local community; and ensuring regulatory frameworks that address supply challenges and sustainability goals and provide proper zoning and density.