Table of Contents
Future Trends...
Take hold of the future or the future will take hold of you
The future will not be more of the same ... … we need to be ready
Building the Third Millenium
Real Estate Future
Buildings as National Symbols
Building for National Identity
Buildings with Big History
Building for Pleasure
Buildings for Spirituality
Buildings for Future Functions
How will people want cities to be ?
Don’t believe market research
Vision – over the horizon
We say goodbye to each decade
Future Trends...
“No architect in 2005 will want to design a late twentieth century building”
“Stuck in the 19th century”
“You’re stuck in a late 20th century time-warp – It’s so LAST CENTURY”
F U T U R E
Future Trends...
The world is running faster
World Real Estate Trends
Eat or be Eaten ! Living until the next merger
Attackers and defenders (Foster)
Attackers / Defenders
Attackers / Defenders Which are you?
Technology - Friend or Enemy ?
Technology = job losses 50% cost savings with factory built homes – up to 50% US market by 2010
Shopping as Leisure Experience More large shopping malls
…. Or shopping online
E-commerce hard to measure
E-commerce and Real Estate
Rocksalt for the Commonwealth of Pennsylavia
Ford and General Motors
Airline tickets - 1 million customers in first 12 months
Future Trends...
Death of National Stock Exchanges Impact on Property Markets?
More chips than People
Speech recognition 95% accurate at 100 wpm – no open plan offices
Telephone Revolution
Mobile Phones - impact
Techno -Redundancy
Intelligent Buildings
No phone, cable, mobile, satellite ?
New threat to Telecom
New threat to Telecom
Any power socket connects to bank
1 megabit per second - ten times faster than ISDN
Every home becomes intelligent
Every office is fully networked
Remote Management of Buildings
Telecom merging ...
Future Trends...
BT - Office on your body
An injectable computer
Executives will be totally networked
Save Travel Time
Save Travel Time
Life too short to spend in airports
15 million in America already work from home using networks
Building sent by e-mail
Video Conference
Future Trends...
Brain to Brain Business @ the speed of thought
Real Estate Management Thought exchange @ the speed of light
Real Estate Management @ ……….speed of light
What will be the effect on people ?
Buildings to last in a changing world
Fast - summary
Future Trends...
Mega-cities - Mega-markets
European City Life
Some Baby Boomers Love Cities
Suburban Degeneration
feminization of Society (eg UK)
Future Homes
Watching her home being built
Older and More Money
Increasing Wealth and Leisure Luxury Hotel Boom
Obsession with Health
Older Home Owners
Urban - summary
Future Trends...
Future Trends...
Tribal conflicts
Millions of Refugees
UN Peacekeeping - billions of dollars
Future of Regions ?
Language Identity
Global Values Clash
Tribal Marketing Global brands yet local Architecture expresses culture
Positive Tribalism = Values
Tribal - challenges
Future Trends...
Global Management adds Value
Mazda MX - 5 car
Total Real Estate Packages
Sale and Leaseback of Corporate HQs
Multi-service Real Estate Management as companies down-size and outsource
Client focus – not deal focus
Globalisation of Real Estate
Germany ? US in 1999
Empire Style Tribalism
Virtual Estate Companies
Asea Brown Boveri
Zurich HQ Staff
Universal - summary
Future Trends...
Death of Political Theory
New Politics
Single Issues eg
How did this turkey live and die?
Did chickens ever run around on these legs?
New Ways to Manage Energy factories, offices, homes, retail
A single issue can wreck your business
H˙ű ˙ű
Radical - summary
Future Trends...
The more virtual we are, the more relationships are important
Deep Human Needs
The search for experience
Problem of Motivation
Building a Better World
Beliefs
Spirituality and Culture
Islam
Christianity
Highest Values of All
Ethical - summary
Life in the Third Millennium
Future Trends...
Turning the cube...
The greatest challenge to real estate in the next decade will be to change fast enough to keep pace with new technology, lifestyles and values Either we take hold of the future or the future will take hold of us
Future Trends...
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Home Page: http://www.globalchange.com/search.htm
Other information:
by Dr Patrick Dixon for Urban Land Institute (ULI) 1999. The
future of real estate. Real estate management. What kidn of
offices and factories will people want? The changing nature
of work. Impact of globalisation on HQ size and function. Demand
for new working environment. Increasing workplace efficiency.
using new technology to create intelligent buildings, intelligent
offices and intelligent homes. What will offices in the future
look like? Contracting out real estate management. Real estate
portfolios. Why real estate companies will have to change rapidly
to survive.
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