Data analytics in implementing recovery strategies for cities
It is clear that we are entering times of unprecedented risks and opportunities for property investors. Long-term companies like British Land and their investors are ready to manage the downside risks and opportunities linked to the coronavirus recovery in cities. But successful investing in property and other assets will require new data to do this across markets in a time of unprecedented market volatility. With the UK’s commercial property sector valued at around US $1.5 trillion prior to coronavirus, and the global sector worth over US $30 trillion, the recovery of the property sector – across commercial and residential segments – will be hugely important for the global economy.
Data is key to implementing a recovery strategy
For most of the top investment cities identified in Cushman and Wakefield’s annual analysis, planning the recovery will require more granular data. With just 5 cities – New York, Los Angeles, San Francisco, London, and Paris are accounting for the lion’s share of inbound commercial property investments in 2019-2020, these cities also have the most to gain from a well-planned recovery.
Cities are the center of global real estate but are also the hardest hit by coronavirus. Cushman Wakefield 2019
Full analysis here.
This analysis is part of a series of publications resulting from FIABCI's partnership with Habidatum.
Habidatum is a software and data analytics company, assisting policymakers and businesses in understanding the hyper-dynamic urban environment through advanced analytics of diverse data sources driven by machine learning and interactive visualization.
Habidatum operates as a gateway between the professional communities that require data-driven insights and data carriers.
The company was founded in 2014 by a collaboration between professional urban planners and digital designers. Since 2014, the company has worked in more than 20 cities globally including London, New York, Moscow, Dubai, Singapore, Pune, Denver, and Miami.