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The answer to this question is: most definitely. Facilities Managers should always be looking at ways to adopt new revenue streams and engage their tenant mix. At the same time, FM’s can keep their finger on the pulse of new innovative products and trends which will help their assets remaining relevant and attractive.
As reported last month vendors using the StreetDots platform bucked the trend of flat to negative revenue growth and reported average year-on-year growth in August of 22%. The east of London faired particular well, up 26% - driven by the perfect storm of increasing office relocations (particularly tech from central) and a shortfall of desired amenities. This positive news prompted us to dig deeper and question some of the assumptions surrounding placemaking in today’s environment.
Real estate is shifting from being a fixed physical product towards a flexible, tenant focused service. Even the residential market is shifting. Homes which are available on flexible terms and provide a positive, and attractive, experienced based living experience, we believe, will be in greatest demand.
StreetDots is the world’s first digital placemaking platform – we breathe life into new and existing developments. By connecting the real estate community with independent brands, we are improving the tenant experience. We have opportunities for both commercial and residential land partners as we work with every single real estate sector!