Property Development and Real Estate

Innovation a good survival strategy in challenging times

Not too long ago, the real estate and property management industry was riding a crest led by hyperactivity in the construction sector. Now that the bubble has burst, a new reality faces players in an industry that is very diverse and one that encompasses a wide range of stakeholders.

Engineers, architects, chartered surveyors, contractors, real estate brokers, facilities managers, property managers, investors, developers, financiers, rating authorities, occupiers, and building materials and hardware dealers all influence and are impacted in some way by the real estate industry. Any shocks in the industry would have significant consequential effects given the intricate inter-industrial linkages.