Real Estate and the New Economy
The Impact of Information and Communications Technology
- English
- PDF
- Available on iOS & Android
Real Estate and the New Economy
The Impact of Information and Communications Technology
About this book
Private sector commercial property represents some £400 bn, or 34% of total UK business assets and is a vital fabric for housing commercial enterprise. Yet social and economic forces for change, linked with new technology, are making owners and occupiers question the very nature and purpose of property and real estate.
Printing, steam power; canals and railroads; mass media and, more recently, information and communications technology (ICT) have brought about major changes in both organisational and economic structures over the centuries. On the one hand, there has been much hype about the role that ICT would play in eliminating the need for physical real estate space; and on the other, some have suggested that institutional factors and fixed costs mitigate against transformative change in real estate.
Building on the authors' own research and a growing body of new, international findings in the field, the book provides a balanced view between these two positions. It will demonstrate how ICT affects the shape and form of real estate in our towns and cities, with other forces in the new economy.
The book:
- examines how ICT and organisational change, combined with social, political and economic factors, affects real estate space demand
- analyses how real estate strategies are changing to reflect these trends
- shows how technology affects the geography and space of real estate and infrastructure in our towns and cities
- investigates future urban shape and form.
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Information
Table of contents
- Contents
- The Authors
- Foreword by Paul McNamara, Prudential Property Investment Managers
- Preface
- Table of Responsibilities
- 1 Introduction
- Part 1 Context and Framework
- 2 The Social, Economic and Political Context of ICT Transformation
- 3 Technological Change: Diffusion and Adoption of ICT by Consumers, Businesses and Government
- 4 Business Process and Organisational Change
- 5 The New Economy and Real Estate
- Part 2 Real Estate Spaces and the Impact of ICT
- 6 Real Estate Spaces
- 7 Real Estate Use and ICT
- 8 Real Estate Service Providers and ICT
- Part 3 The Future
- 9 New Directions and Policy Implications: The Future of Real Estate in the New Economy
- References
- Index