As the value of long-term assets depreciate and rental yields peak, asset owners focus on reducing operating costs
May Khizam, co-founder, SMARTInvest Real Estate by The Grid Media Ltd interviewed James Nicholson, Strategy Director, Towa Technologies Holdings Limited about the TOWA network that enables peers to connect in order to manage and maintain properties.
How would you best describe the solution that the TOWA portal offers asset owners?
It is a property and community management portal to streamline the management of commercial or residential units for asset owners reducing building management and maintenance costs and facilitating and streamlining transactions through the application of blockchain technologies.
August 27, 2018
Everything has to be one window otherwise information is lost
May Khizam, co-founder, SMARTInvest Real Estate by The Grid interviewed Harri Majala, CEO, GBuilder about the ‘digital twin’ platform that is taking homebuyers on a new digital customer journey. Based in Finland, GBuilder is BIM-based web and mobile platform with 3D/VR/AR models that simplifies the communication around buying an off-plan apartment or house for both the builder and buyer.
This platform has evolved out of a family business in construction with yourself at the helm as the next gen developing and integrating technology into an industry that has been slow to transform itself digitally.
Indeed, ‘why fix it if it’s not broken’ is a difficult mindset to challenge but we have done just that by combining digitalization, CAD, project management and visualization. We had the vision. Technology is now playing catch up.
July 21, 2018
This is a general summary of key participant points from the London launch of SMARTInvest Real Estate by The Grid Media Ltd in partnership with Bird & Bird LLP on July 19, 2018.
Michael Rudd, Co-Head, International Energy & Utilities Group and Marco Nicolai, UK Head of Construction, Bird & Bird LLP
May Khizam, Founder & Chief Strategist and Tasneem Mayet, Research Director, The Grid Media Ltd
The private round table was attended by market leading participants representing a broad cross-section of the built space value chain from the United Kingdom, Singapore and the United Arab Emirates. The discussion focused on front line thinking, with a focus on disruption, at the intersections of investment, real estate and technology. (more…)
December 31, 2017
The Address Hotel Downtown was my Dubai muse, like the Battersea Power Station my London muse. Granted, the two are starkly different. Yet both chisel into the way communities interact with buildings. They have withstood weary times. They still resonate authenticity, whether dwarfed by a Burj Khalifa or a Shard. Nearly two years in, I for one can’t wait for The Address to reopen.
“They appreciate what we stand for and the pillars of this country, which encourage individuality and personal identity”
The Grid: To support Dubai’s growth as a hub of cultural innovation, you have conceptualised the KOA’s new Canvas members’ community around the idea of blurring the lines between ‘live, work and play’. The mixed-use development consists of both residential units and a state-of-the-art communal co-working space. Where did you draw your inspiration for the concept?
Mohammed Zaal: Previously as CEO of Al Barari, I wanted to redefine residential living and working in Dubai and create an urban ecosystem that challenged existing norms in the market.
In the past few years, I really started feeling that the real estate market here wasn’t really going in the right direction. In the first huge residential construction boom, it was evident that no one really cared about what was being built, who was building it, or who the buyers or investors were. Everyone was just playing the game and making money.