What does a global crisis mean to property owners, investors and managers in terms of practical cost however? Climate change will certainly impact property value in the next 30+ years, as the cost of protecting communities against flooding and wildfires will be an expense these neighborhoods and the taxpayer are certain to bear. And while property investors are still investing in high risk areas, locations like Miami Beach could be underwater in a matter of decades, causing untold damage to commercial portfolios around the world.
Real estate companies urgently need to act now to protect their investments. Even if your buildings aren’t at risk of flooding or natural disasters, a deeply uncertain property market and falling occupant demand still pose a serious threat to your commercial portfolio’s value moving forward. If we’re on the verge of a market crash, how many millions of dollars will your portfolio stand to lose?
Talk to a smart building expert to learn more about how Switch helps portfolio managers reach their sustainability goals.
5 articles found
Is IoT technology to blame for recent onslaught of CRE cybersecurity breaches, or are these vulnerabilities often pre-existing and undetected?
When it comes to broken buildings and the power of people, operations teams hold the keys to success. Switch empowers businesses to succeed.
Our team shares five core practices derived from IBCON's Connectivity of Things panel to drive optimal portfolio performance.
Here we revisit one of our favorite sessions of IBCon 2018, highlighting IT and OT convergence through the eyes of two visionary leaders at Oxford Properties.
We decided to do some research into the average American's journey to work and brainstorm ideas on sustainable commuting.
When it comes to broken buildings, it’s critical to make a wise investment in the right technology to power your program. Learn how to choose the right tools.
As climate change intensifies, the urgency to act on one of our biggest levers—energy use in commercial and retail buildings—has never been clearer. Every kilowatt saved is a step closer to sustainability, slashing greenhouse gas emissions while moving us toward essential climate goals. Whether you’re overseeing a retail portfolio or managing a single commercial space, boosting energy efficiency doesn’t just cut costs—it creates healthier, more comfortable spaces for everyone. Now is the time to act.
Smart building technology is constantly evolving and improving, and there are several trends that are expected to take center stage in 2023.
When it comes to being a building owner or operator, you have a lot to balance.