Digital Disruption & the South African Commercial Real-Estate Market

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The commercial real-estate market and industrial property sector in South Africa have not kept up with the changing currents of technological discourse.

Both the commercial and industrial property segments of the real-estate market have managed to escape the tides and tsunamis of technological disruption and innovation. The industry – globally and in South Africa – has been in a pretty safe, comfortable and convenient space. Not a lot has changed despite the infinite opportunities afforded to us by information communication technologies.

The ability to generate, process and efficiently apply knowledge-based information is a key feature critical to the digital economy. It is also a networked economy, which offers many ways in which collaboration can be pursued. Sadly, the commercial real-estate and industrial property markets lag behind in innovation and are slow to adopt new technological innovations in relation to the residential real estate market and other industry sectors. To continue reading click here…

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