The real estate industry is already undergoing a drastic economic, business and social transformation. While most of these trends are already evident, as we kickstart the new year, let’s look at some of the key trends and their implications. Commercial real estate players would not only have broader and newer market opportunities and smarter value
Common Area Maintenance (CAM) reconciliations for commercial properties can be a nerve-racking task. It is given that commercial real estate accounting can be challenging and tricky if not done diligently and timely. This is one area that is prone to human errors. Due to inaccurate and incomplete CAM reconciliations landlords not only suffer huge negative
Technology disruption, data explosion and evolving customer expectations continue pose challenges for business across industries and especially for the commercial real estate (CRE), while creating new opportunities. Although, the industry has been a late mover in adopting technology, players are increasingly realizing the looming threat of being redundant if they fail to keep pace with
Global ecommerce is estimated to reach approximately $5 trillion by 2021. It is not surprising considering how every online retailer irrespective of the size is increasingly selling their products on the marketplaces. In fact, based on the massive success of popular marketplaces, we saw a whole new wave of marketplaces emerging across B2B and B2C
Constantly evolving technologies and shifting business norms are redefining the commercial real estate industry, which is also growing at a rapid pace. Given the new reality and the changing trends, governments and investors not just expect a profitable business but are increasingly focusing on commercial property sustainability. Since commercial properties significantly contribute to energy use
Ecommerce business is anticipated to grow at the rate of 265% — from $1.3 trillion in 2014 to $4.9 trillion in 2021. Ecommerce players recognize the fact that market is growing at an unprecedented rate and have been investing in a variety of services and solutions to up their game and deliver exceptional customer service.
Achieving success in ecommerce is hard work. With deluge of retailers offering similar product range at competitive prices, it is battle ground where attracting customers is tough. One of the key aspects that can really help you stand out is ensuring effective catalog management across channels. Although e-commerce product catalog management is anything but easy.
Poor commercial lease management can result in some very damaging issues including missed deadlines, error in tracking critical dates, data inaccuracies, and risk of non-compliance and subsequent penalties. While managing an expansive lease portfolio is a tedious, complex and demanding process, if not done efficiently it can have significant negative business, financial and reputational impact.
People’s preference in travel is shifting drastically. Travelers are now enthusiastic about new experiences and there is a substantial rise in solo travel. All this is made possible by rapid digitization. Today, people simply jump on to the internet to start planning their international or domestic vacations. Travel websites and smartphone apps have given unrestrained
Accurate lease data abstraction is key to efficiently managing commercial real estate portfolio. It not only saves time and effort but also alleviates operational and financial risks. However, abstracting, formatting and managing key lease information is an arduous, time-consuming and challenging task. If data is not managed properly the very purpose of lease abstraction will