Nathan McAlone’s Post

With the rise of artificial intelligence, a notable expansion in a previously niche segment of the commercial real estate industry is emerging. Keep reading 👉 🔗 https://lnkd.in/e4-6j8pk Today’s issue is brought to you by BV Capital . #ai #artificialintelligence #data #datacenters #realestate #commercialrealestate #tech #news #credaily

Discover how #TechTrends are revolutionising property recruitment in Australia. From AI to big data, technology is not just an optional extra—it's a game-changer. Don't get left behind. At Ralston, we help you embrace innovation to secure top talent. www.ralstonrecruitment.com #PropertyRecruitment #Innovation #AustralianProperty #RecruitmentTech Kasey Young, Scott Harris, Chris Young

Learn how real estate #technology can drive value in commercial real estate by enhancing tenant experience, building operations, and data-driven decision making. JLL has more >> https://ow.ly/VKVg50Q9xxL #CRE #tech #data

We’re in the business of making a difference.💜✨ Our annual 360° Value report shows our progress, and how we are delivering value and creating meaningful change. https://accntu.re/3tPKi2E [VD: A dial featuring a honeybee, lightbulb, plant with rain drops on it, finger touching a screen, multicolored bracelets and a leaf holding a rain drop spin around in front of a purple background. Text is overlaid on top reading, "What is 360 degree value?" then the dial spins to the lower left with text, "Commitment to clients" and "3 billion dollars investment in data and AI over the next three years," with the leaf holding a rain drop section of the dial popping out. The dial spins again with text, "Commitment to sustainability" and "100% renewable electricity across our offices," with the plant with rain drops on it section of the dial popping out. The dial spins again with text, "Commitment to talent" and "1.1 billion investment in learning and professional development," with the finger touching a screen section of the dial popping out. The dial spins again with text, "Commitment to inclusion and diversity" and "Approximately 141,000 Allies in Action participants," with the multicolored bracelets section of the dial popping out. The dial spins again with text, "Commitment to experience" and "Number 1 partner for our top ecosystem partners," with the lightbulb section of the dial popping out. The dial spins again with text, "Commitment to financial" and "7.2 billion cash returned to shareholders in fiscal 2023," with the honeybee section of the dial popping out. The dial spins forward covering the screen with text, "That's how we're driving reinvention and delivering value." with the Accenture Greater Than logo underneath it.]

In a West Monroe survey on The Future of #Diligence in #PrivateEquity, 63% of respondents indicated that they are prioritizing #valuecreation in their diligence processes, yet 60%+ of respondents also said that outputs from these processes are only incorporated in value creation plans “rarely” or “some of the time.” What's wrong with this picture? Most investors aren't able to blend #technology, #data, and #operations to create a holistic and quantifiably backed view of the target. Absent this perspective, it's challenging to plan and execute on these imperatives. How does that change? Leading private equity investors are already taking a more holistic view through the diligence process to combine data they’re receiving from financial, commercial, operational, and technology partners to substantiate and quantify their value creation plans. This, combined with a strong appreciation for data #infrastructure and #dataliteracy, a focus on tech-enabled operations, and a rigorous approach to translating pre-close plans into reality during the hold period, can manifest in outsize returns - closing the loop between DD and #IRR.

In the dynamic world of commercial real estate (CRE), the unveiling of the McVey Data Science Center at Miami University signals a significant shift. This 92,000 square foot facility is not just a campus addition; it represents a hub for interdisciplinary research, industry collaboration, and academic advancement in data science and technology. But what does this mean for CRE? Despite technological advances, CRE is fundamentally about people. Relationships remain paramount, underscoring the value of human interaction and market understanding. In conclusion, the integration of relationships, science, and math is vital in CRE. Technology is influential but not omnipotent in real estate. CRE firms must balance technology adoption with transparency and accountability. The future of CRE lies in balancing these elements for informed and efficient outcomes.

Real estate technology is about evolution, not revolution. Changes need to be driven from within the industry in order to best capture what is useful for investors. Read more: https://hubs.li/Q02b9-0r0 Post written by Sourav G., Forbes Councils Member.

Read this incredible article by Sourav Goswami for Forbes #proptech

Re-industrialization is a trend currently taking place, globally, aimed at tackling the issues with having a global supply chain. As the graph shows, many of the skills needed to enable onshoring (or to "re-industrialize") are data + automation centered. Many of the leading Construction companies have this on their agendas, as a means to give: - reduced carbon footprints - surety of supply - issues such as geo-political conflicts + an over-reliance on a small number of trading partners has left some exposed - better visibility of supply inputs from a Governance / reporting perspective This explains the notable uptick in the roll-out of data + automation led strategies, within major construction firms, we have seen over the last 12 months - as firms tackle input cost challenges + skill gaps. Re-industrialization has also had a knock on effect with regards to hashtag #RealEstate sectors such as data centers and logistics - and the tech strategies + new techs in these sectors. Reach out today to find out how we at The Proptech Connection can support you on your go to market tech strategy, in this changing landscape. #proptech #strategy By: Stephen Macdonald CA, Stuart Daun

Blackstone, the world's largest alternative asset manager, has joined forces with Digital Realty to embark on a game-changing initiative: developing $7 billion in data centers across Frankfurt, Paris, and northern Virginia. This visionary project aims to create 10 cutting-edge facilities catering to major players in online content, cloud services, and artificial intelligence. Fueled by soaring demand driven by cloud computing and AI advancements, these centers plan to meet the immense computing power needed for AI searches. Leveraging Digital Realty's assets and introducing eco-friendly cooling systems, this partnership addresses power, land, and environmental concerns. With Blackstone owning 80% and Digital Realty 20%, this venture commits to funding and anticipates powering over 375,000 homes with a 500-megawatt capacity. It's a strategic move, signaling a pivotal step in meeting the evolving needs of the digital landscape. As data centers contribute around 1% of global energy consumption 😮 this move signifies significant potential for companies pioneering new energy-efficient data center technologies. #alternativeinvestments #assetmanagement #datacenters #whyshouldiputmymoney 🤔