Top 6 Issues Affecting Commercial Real Estate
June 29, 2017 | by Saraf Ahmed | BISNOW
Political volatility, tech disruption and rising sea levels — these are but a few of the issues on the minds of commercial real estate professionals and policymakers globally. The following are six of the top trends CRE players worry will affect real estate in 2017 and the years to come, according to a survey conducted by the Counselors of Real Estate Association in Chicago
Sea levels in the Atlantic and Gulf Coasts are expected to rise 14 inches by 2100, which could result in disastrous levels of damage and disruption to commercial properties.
To combat this, developers are making fundamental strides toward building and maintaining protective frameworks, including constructing fences for older residential buildings and moving electric infrastructure up off the bottom floors of buildings.
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