“The Covid-19 pandemic has deeply affected how we use space and our expectations of it. As stakeholders across the real estate value chain look to the future, there is a growing acknowledgment that buildings must be liveable, sustainable, resilient and affordable.This is how the World Economic Forum describes changes affecting the real estate investment industry in its latest report, Driving Digitalisation: Value Creation for Commercial Real Estate.
“The internal attitude towards technology and the spend on digital and tech has certainly been positive over the past two years,” said Attacq’s asset and property management executive, Michael Clampett. “The IT budget is infinite ... the amount that goes to that expense item has increased in line with our ambition.”
What’s more, Attacq taps into its Wi-Fi infrastructure to monitor shopper spending in a store. This system started in 2015 as part of deploying data analytics and has been in use at Mall of Africa, Lynnwood Bridge Retail, Glenfair and Eikestad Mall. Attacq also digitalised its water supply network in Waterfall City and improved water intensity by 11.6%, reducing usage 15.9%. Attacq boss Jackie van Niekerk wants an agile business “that can make quicker decisions”.
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