New Boundaries: Framework for the Analysis of Commercial Real Estate in Smart Cities

Lecomte, Patrick; Abdelmoula, Dorra

doi:10.15396/eres2018_46

Cited by 5 publications

(19 citation statements)

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“…Whilst being-in implies containment (as part of an "objective spatiality"), being-there supposes involvement or what Malpas (2006) defines as an "existential spatiality". This concept was introduced in real estate studies by Lecomte (2019a). Principles for a phenomenology of space user Thus, in smart real estate, there is a fifth dimension to be added to Graakamp's original framework: a digital dimension which is essentially existential (i.e.…”

Section: Nonconscious Cognitive and Smart Buildings As Cognitive Assemblagesmentioning

confidence: 99%

“…The Cyber-dasein as archetypical space user in smart environments 3.1 Phenomenology and model of space users in smart real estate Deciphering the impact of pervasive computing on real estate requires a new approach making it possible to capture the dual ontology of space in smart environments. To account for real estate's digital dimension, Lecomte (2019a) introduces the Cyber-dasein, a new type of space user modelled after Heidegger's Dasein. The Cyber-dasein's framework serves as a tool to normalize space users' experiences in smart buildings, akin to what computer scientists have been doing in analysing human behaviours in smart environments (e.g.…”

Section: Nonconscious Cognitive and Smart Buildings As Cognitive Assemblagesmentioning

confidence: 99%

“…By building on a broad range of fields of knowledge (computer sciences, architecture, philosophy, psychology and sociology), it lays out the basic principles of a phenomenology of space user in smart real estate. In the process, it focuses on the Cyber-dasein, a type of space user modelled after Heidegger's phenomenology (Lecomte, 2019a). The Cyber-dasein is the archetypal space user in our conceptual framework of smart real estate.…”

Section: Introductionmentioning

confidence: 99%

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iSpace: principles for a phenomenology of space user in smart real estate

Lecomte¹

2019

JPIF

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Purpose As smart technologies become an integral part of real estate in smart cities, the purpose of this paper is to explore the impact of ubiquitous computing on space users in smart real estate. Design/methodology/approach The analysis builds on two fields of knowledge rarely referenced in real estate studies: computer sciences and social sciences. The paper starts by analysing the idiosyncrasies of a new type of space user in smart real estate, known as the Cyber-dasein in reference to Heidegger’s phenomenology. The Cyber-dasein serves as an archetypical space user in smart environments. Findings The paper introduces digital-time as a new realm of real estate, and discusses the use of “experienced utility” in hedonic pricing models of smart real estate. It concludes by advocating a multidisciplinary collaborative approach for future research on real estate in smart environments. Practical implications There is a need for the real estate sector to decide on a metric for the new digital dimension of real estate owing to the implementation of smart technologies in the built environment. Originality/value This is the first research paper on this important topic. It is totally original and new.

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Section: Nonconscious Cognitive and Smart Buildings As Cognitive Assemblagesmentioning

confidence: 99%

Section: Nonconscious Cognitive and Smart Buildings As Cognitive Assemblagesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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iSpace: principles for a phenomenology of space user in smart real estate

Lecomte¹

2019

JPIF

Self Cite

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“…Thus, the setting for real estate in smart cities is radically different from the one real estate has been exposed to until now. With smart cities’ digitally infused space, space is no longer a passive component of real estate whose measurement is anchored in its physicality (Lecomte, 2018).…”

Section: Smart Cities As Commercial Real Estate’s New Urban Environmentsmentioning

confidence: 99%

“…As explained by Shelton et al (2015), “it is important to recognize that smart cities are also internally differentiated. That is, like any other phenomena, they are geographically uneven at a variety of scales.” Consequently, to make sense of these differences, digital places will have to be assessed, measured, and qualified with ad hoc metrics capturing this new spatiality’s contribution to commercial real estate (Lecomte, 2018).…”

Section: Smart Cities As Commercial Real Estate’s New Urban Environmentsmentioning

confidence: 99%

What is smart? A real estate introduction to cities and buildings in the digital era

Lecomte

2019

Journal of General Management

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This article introduces the concepts of smart cities and smart buildings from the viewpoint of commercial real estate. It summarizes the current academic thinking on how the widespread implementation of digital technologies embodied by smart grids and digital skins impacts cities and buildings in two classic smart city models: ubiquitous city and augmented city. It then explores the consequences of these innovations on commercial real estate at both the city and building levels. In doing so, it presents the concept of a new “omni-use” property type whose characteristics derive from ubiquitous computing in smart urban environments. It also proposes guidelines for smart building scores to define a methodology relevant to the real estate sector and conducive to constructing price indices of smart buildings. It concludes by stressing the dominating role that technology will play in defining property heterogeneity in the digital era.

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A study on automated property management in commercial real estate: a case of India

Kaur

Solomon

2021

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PurposeProperty management in commercial real estate (CRE) is an important operational function that needs to be managed because it brings large cost implications to the organization. As India aspires to become a developed real estate market, analysis of the growing importance of automating property services and technology acceptance by stakeholders are two key concerns that need to be explicitly addressed. This study aims to examine the extent of property technology (PropTech) adoption in India and propose a technology-enabled stakeholder management model in Indian CRE.Design/methodology/approachThe research is qualitative in nature and follows the grounded theory approach. Research data were collected by conducting a series of semi-structured interviews with 18 property management professionals from different prominent Indian companies using PropTech.FindingsThe findings suggested the nine most typical automated property management functions in Indian CRE. The result of this research is the automated property services model for stakeholder management in CRE. The model demonstrates the value of implementing technology in property services in India.Practical implicationsThe study provides useful insights into how artificial intelligence (AI) in property management can be applied to address property-related challenges, various stakeholder needs and improve property performance in accordance with energy efficiency policies.Originality/valueThis paper attempts to add to the limited body of literature on technology in the property management domain. The model demonstrates how automated property services meet the needs of different stakeholders in CRE and provides remote working procedures within the COVID-19 pandemic context.

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New Boundaries: Framework for the Analysis of Commercial Real Estate in Smart Cities

Cited by 5 publications

References 0 publications

iSpace: principles for a phenomenology of space user in smart real estate

iSpace: principles for a phenomenology of space user in smart real estate

What is smart? A real estate introduction to cities and buildings in the digital era

A study on automated property management in commercial real estate: a case of India

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