PropTech and BuildTech – Embracing the Future
A recent RICS seminar entitled “AI in the Built Environment” raised a number of thought-provoking questions on technology´s future within the property development / investment industry. Particularly amongst SMEs, the slower take-up across the residential supply-chain is often attributed to the untested and prohibitively expensive nature of many of the solutions fed into the marketplace. Yet, in spite of the financial hurdles, more developers have begun to appreciate technologies that can genuinely streamline workflows and counterbalance the costly inefficiencies that often plague project timelines. What follows is a broad outline some of the interesting concepts, tools and machinery slowly but surely filtering into the industry. Land Finding, Remediation and Speeding up the Planning Process Achieving a feasible, and ultimately profitable, development scheme relies on a myriad of factors relating to the choice, location and physical characteristics of a given site. A... [Read More]