Commentary
UKREiiF VIDEO | Emerging technologies: what is the impact on UK real estate?
The government’s 1.5m homes target is “a stretch” but presents an exciting opportunity for the country’s development industry, according to Justin Hartley, regional director at Yardi.
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“A government focus on real estate has got to be good for everybody, including the people who need the homes,” he said.
Coming down the track are various challenges the industry needs to overcome if the level of growth the government is seeking is to be achieved.
Among them is the increasing importance of tech solutions in real estate.
Companies who adopt new technologies, get to grips with AI, and harness the power of data are the ones who will win out in a competitive market, Hartley said.
Yardi’s role is to help developers and investors deliver high-quality homes is “maximising operational efficiency [and] demystify the running of real estate businesses”, he said.
To learn more about Yardi’s services, visit yardi.co.uk.