The COVID-19 pandemic, rising inflation and ESG requirements have made digital transformation a business imperative for commercial real estate.
Softening operating fundamentals have put pressure on landlords to cut costs while maintaining capabilities and resilience going forward—to do more with less.
A significant barrier to adoption, especially at portfolio scale, is that many decision makers have not been presented with a compelling business case for investing in cost-cutting technology.
The goal of this white paper is to break out, by pro forma line items, the financial ramifications of maintaining the status quo and the ways technology can, and has, produced attractive returns.
The pro forma line items are:
- Maintenance and Repairs
- Capital Expense Reserves
- Technology Spend
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