FUNDAMENTAL CHANGE IN THE REAL ESTATE INDUSTRY DUE TO DIGITALIZATION
Digitalization and new technologies are fundamentally changing our economy and disrupting markets and business models. From computer-assisted design and the development of new building materials and technologies to the use of virtual- and augmented-reality solutions, innovative new technologies are becoming increasingly important – with far-reaching consequences for the real-estate industry. We embrace the digital transformation as an enormous opportunity. It is an important element the vision and strategy of the CV Real Estate AG.
DIGITAL REAL ESTATE – SMART MATERIALS
The near-complete digitalization of real estate and the use of innovative smart materials give rise to many new and fascinating possibilities in our industry. Intelligent, connected buildings are already a reality, as are smart climate control and lighting. In the future, organic compounds in coatings will enable façades to clean themselves or surfaces to repair themselves. Digitized properties automate many areas of our living and working environment in buildings. The Internet of Things, artificial intelligence and machine learning, language assistants and robots ensure an even more effective and efficient use of space in buildings and even more productive infrastructure for traffic, energy, communications, and supply. We already use digital technologies and services in our project development, e.g. data analysis in evaluating locations or assessing the quality of buildings or construction materials. And with the help of digitalization, our processes and project management will become even more efficient and transparent going forward.
DIGITAL PROJECT MANAGEMENT
At CV Real Estate, agile working methods and transparent processes – supported by integrated building information modeling (BIM) – ensure open, flexible, and optimized project workflows. Modern working methods and flat hierarchies enable us to very efficiently involve all project participants in our project management. And thanks to the mobile BIM system we can already simplify collaboration between architects and building contractors. It is used, for example, for the real-time amendment of existing blueprints on the construction site to achieve faster but reliable implementation. Digital project management creates efficiency, transparency, and trust. And it brings our clients considerable added value in the realization of real-estate projects.
NEW, DISRUPTIVE BUSINESS MODELS
Digitalization makes completely new business models possible in the real-estate industry. Digital apps give rise to new service innovations, and digital offerings expand the core of the real-estate business. For example, digitalization has greatly simplified and optimized the planning and coordination of the use of prefabricated parts for global construction projects. This enables the production of prefabricated parts in small, flexible batches, so that they can be serially produced more flexibly and efficiently for various building types, rather than on a project-by-project basis. Digitalization is changing the entire value chain in the real estate industry – from project development and asset management to project financing. CV Real Estate AG is actively involved in shaping this development, and thereby creates significant value for our customers.