Future of real estate industry – Futurist keynote speaker Patrick Dixon – lecture for The Crown Estate's annual Urban Portfolio Sustainability Conference. Future of global economy, and UK economic outlook. Future of megacities and urganisation, why people love cities and how cities can help protect rural areas and the environment. Future of offices and workplace, why teleworking is growing slowly and what next for virtual teams, virtual working and virtual organisations. Future of corporate HQs and large office construction. Future of retail shopping malls, shopping centres and construction of new retail outlets. Changing balance between out of town and centre of town retail development. Why real estate development will become more locally focused. Fusion of online and offline worlds - $1.5 trillion a year in 2014 on e-commerce. Impact of mobile and price comparison on future of mass-market retail. Rapid changes from patterns of home delivery to click and collect in store or from nearby retail outlet. Future of energy use in buildings and impact of solar, wind, fracking gas and other energy trends on construction industry and commercial developments. How the construction industry can save energy and resources by planning for longer term life of commercial buildings. It is a scandal that most commercial real estate, offices and factories, are designed to be demolished in no more than 30 years. Any construction company building homes designed to fall apart in 30 years would be considered to be socially evil, yet this is normal practice in, for example, high rise office development. Sustainable real estate industry requires a much longer view.
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