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Arup reveals its vision for the Digital Property Revolution

Charlotte S Charlotte Fernández UKIMEA Press Office,Leeds
15 March 2017

3D printed and IoT powered workspaces, virtual and augmented reality modelling, and advanced sensor technology to shape the future of property development.

A report by Arup, Reimagining property in a digital world, has revealed how digital technology is beginning to reshape the property sector; changing the way buildings are designed, built and used. The report says those companies which fully embrace a digital strategy will do disproportionately well and have a big impact on our working lives, increase their asset value and create more sustainable buildings.

It predicts that physical and digital environments will merge into hybrid spaces. It’s a world in which 3D printed and IoT enabled desks can adapt to every user, while the buildings they’re in will become truly intelligent. That means they can better meet environmental regulations and provide users with a completely different experience of work, shopping and play. Every element of the property development cycle will dramatically change and improve in response to our increasingly digitalised society.

Developed by Arup’s Digital and Foresight, Research + Innovation teams, the report is based on Arup’s work, including the transformation of King’s Cross London and building performance management across The Crown Estate portfolio, as well as the development of data-driven visualisation and auralisation tools such as the SoundLab.

Digital technology is redefining the property sector as we speak, bringing the potential to radically improve our working lives, increase asset value and create more sustainable buildings. However, investors, developers and owners of corporate real estate must be careful – this isn’t about gadgets and equipment, it is about strategic thinking that avoids wasting money on the wrong innovations and inefficient capital and operational expenditure. With the right strategy in place, we can align the property sector with the demands of our digitally enabled society and truly deliver buildings for the future.
Volker Buscher Volker Buscher Former Chief Data Officer