The commercial real estate market has been in the midst of a transformation for the past several years as the focus has been on keeping costs down, making spaces more appealing to tenants and offering energy-efficient infrastructure to meet the sustainability goals.
However, the pandemic has caused commercial real estate companies to rethink providing services and functionality that prioritise health, safety, and compliance to tenants and those tenants’ employees and customers.
Increasingly, commercial real estate companies are deploying IoT based or smart technologies to help achieve these goals not only for themselves but also for their tenants. These technologies include HVAC controls, access controls, security & surveillance systems, lighting controls, energy management, among others.
Whether it’s cost savings, increased security, worker safety, or better energy management, these types of connected solutions not only provide efficiencies, but they also lend themselves to creating new data sources that commercial real estate companies and tenants can use to drive business value
With the pandemic still causing persistent impacts, the stakes are at an all-time high for commercial infrastructures and the marketability of these buildings entirely depend upon meeting occupant expectations to attract tenants. To keep up with the emerging trends of urbanization, digitization and sustainability, a complete digital transformation of buildings is long due. Digitization is the most plausible solution to create people-centric infrastructures that are designed for wellness.
The webinar “How digitization can help maximize real-estate value”, dissects the different aspects of increased quality, cost effectiveness, and attractiveness of properties, in commercial buildings which help them maximize property values and rents.
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The panel discussion touched upon the following point during the webinar:
1. Digitization ensures occupant well-being in the workplace – Establishing an all-digital, connected system infrastructure accommodating new workplace rules and advisory services that monitor health and comfort conditions across every zone of the building.
2. Digitization for improved efficiency and monitoring – IoT enabled solutions that make operations smarter with the help of large data collection and analysis can power infrastructures with well-sorted HVAC performance and building maintenance can be made more efficient by identifying the spaces with increased occupancy.
3. Driving sustainability in commercial infrastructures – A connected smart systems that ensure Green building standards while boosting asset value will pave the way for making commercial infrastructures energy efficient.
4. Communication and Occupant Engagement with digital tools – The pandemic being a serious issue, constant connectivity with the occupants is necessary. A well managed connected infrastructure will ensure occupants engagement and seamless flow of information enabling overall well being.
Speaker Profiles:
Mukesh Gour, Chief of Projects, Bharti Realty
Mr. Mukesh Gour an hons graduate in Electrical Engineering has a work experience of 33 years in the Field Of Projects Planning, Projects Execution , Operations and Energy Conservation, Cost Control etc. He has worked in companies like Samtel, Hero Honda, Bharti Telesoft,Oberoi Hotels and Resorts, Medanta, The Medicity—Hospital, Bharti Land Ltd and in Japan with Mitsubishi Electric at Kyoto.
Pradeep Dwivedi, Vice President – Projects, CapitaLand
Mr. Dwivedi, a postgraduate in structural engineering, has over 27 years’ experience in managing development of townships, logistic parks, residential and office projects.
In his current role, he is leading a team of highly motivated professionals, responsible for managing development projects spread across many Indian cities and supporting acquisition of income generating assets for iTrust, an India focused real estate fund listed in Singapore.
Mr. Srikanth Srinivasan, Head – Procurement, DLF
Mr Srinivasan, a leader with twenty-five years of professional work experience in Procurement & Contracts in Real Estate, General Management / P&L in Manufacturing, Project management & Supply Chain in the Power sector. Extensive Cross-functional expertise, International experience, Negotiation skills, Self-starter, Ability to adapt and learn quickly and add value.
Bhupesh Arora, Business Head – Digital Energy. Schneider Electric
Bhupesh, from driving business in Low voltage systems, to leading automation then renewable solutions, Bhupesh is a man who has seen it all, managed it all and done it all in 24 years. The ethos driving his 24 years of experiences, have been bold moves, leading from the front, and customer centric strategies. Currently he acts as the Business Head of Digital Energy Division, where he commands an army dedicated in giving customers a holistic digital experience.