CoreNet Summit: Five Disruptive Concepts for the Future of CRE

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CoreNet Summit: Five Disruptive Concepts for the Future of CRE

Earlier this week, stok Founder Matt Macko joined a panel of CoreNet Young Leaders Group “dragons” to challenge senior CoreNet board members to pitch the most disruptive concepts in the future of CRE. Moderated by JLL Head of Consulting Shelley Frost, the Shark Tank-style session was full of refreshing, exciting insights into what the industry needs to be thinking about to prepare for the future.

A few of the standout ideas from Enter the Dragons! included:

1. Caroline Burns, Managing Director of Workplace Revolution, brought us into the conference room of the future by illustrating completely virtual meetings.
2. Bill Roberts, Executive Managing Director at Cushman & Wakefield, dove into the implications of autonomous vehicles on real estate footprints.
3. Erwin Chong, Head of Corporate Real Estate Strategy at DBS Bank, spoke to the impact that amenity robots will have in our building operations as well as on the CRE industry at large.
4. Monique Arkesteijn, Assistant Professor of Real Estate Management at Delft University of Technology, called out the rising trend of deriving happiness from the workplace, suggesting the need for greater alignment between professional and personal goals.

While we applaud all of the CoreNet board members for pitching these forward-thinking concepts, one idea stood out to the dragons on the panel as truly fresh, new, and of extraordinary importance. Meet your winner:

David Kamen, Americas Real Estate Services Leader at Ernst & Young, discussed the disintermediation that will occur as brokerage is disrupted by an increasingly digital world. The “middle man” (or woman) is disappearing, and in its place a technological, data-driven, and likely even crowdsourced model for real estate transactions will emerge, disrupting brokerage as we know it.

Thanks to all the presenters, moderator, and fellow judges for an enthralling look into the future of CRE. We can’t wait to work toward bringing these ideas to life!