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September 17, 2019

How The Speed Of Change In Technology Is Catching Out Real Estate Owners

The value and risks of campus developments: Hear more from Trilogy Real Estate, L&G and British Land at Bisnow's Office, Leasing & Development Conference 26 September

It is a paradox that developers and real estate owners across the world are increasingly having to grapple with.

“Technology changes incredibly fast, but buildings are static, and take a long time to create,” WiredScore President and EMEA Managing Director William Newton said. “That means you need to think flexibly about how technology can change and where it is going to go.”

How The Speed Of Change In Technology Is Catching Out Real Estate Owners

“I think building owners are kind of ignoring Moore’s Law,” Newton said.Moore’s Law argues that because the number of transistors per square inch on integrated circuits roughly doubles every year, computer processing power increases exponentially, and technology changes ever-more rapidly.Buildings, on the other hand, take years to design and build,…

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