That’s the view of Altus Group which says that the commercial sector is suffering from a lack of technology integration which hampers decision making.
“To succeed in today’s CRE market, firms need more than great assets, tenants and partners. The ability to capture, analyze and understand the growing amount of data that is available is critical to driving strategic decision making,” said Robert Courteau, Chief Executive Officer, Altus Group. “Our report highlights the challenges and opportunities the industry is facing and underscores the importance for CRE firms to invest in a strong data strategy.”
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
The commercial real estate sector must embrace data and analytics to remain ahead of the game.