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SMI - GERAL Q4 2025
+3.25 % 370.88
=
INCOME RETURN
+2.22 % +
APPRECIATION RETURN
+1.03 %
USD / MXN
0.00 % 17.35
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 4.45 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
-1.78 % 67,976.50 PTS
UDIs
0.00 % 8.84 PTS

The Major Challenges in Real Estate That Only 21st Century Technology Can Solve

  • The commercial real estate sector has faced significant challenges, including the lack of standardized information, the disconnect between marketing strategies and market knowledge, and barriers to smooth information flow. These issues limit both efficiency and competitiveness. 

  • Adopting technology from the outset of projects and utilizing tools like CRM, marketplaces, and big data improves management and allows market trend forecasting and demand prediction. This turns reactive decisions into proactive strategies that redefine success in a highly competitive environment.

Alejandro Delgado, Country Manager Mexico at SiiLA, spoke about real estate technology at a Crew Network forum. Photo: SiiLA.
Alejandro Delgado, Country Manager Mexico at SiiLA, spoke about real estate technology at a Crew Network forum. Photo: SiiLA.
By: SiiLA News
09/09/2024

Thanks to digital technology, the commercial real estate sector, traditionally rooted in conventional methods, is undergoing a profound transformation. Platforms ranging from Customer Relationship Management (CRM) systems to virtual marketplaces and big data tools are redefining how developers, property owners, investors, and tenants interact in the market. This revolution optimizes processes, presents new opportunities, and poses decisive challenges for all involved parties.

In a recent presentation on "Technological Platforms for Real Estate" organized by Crew Network in Mexico City, Adela Rangel Fediuk from Akurat, Grissel Orozco from Oxígeno Arquitectura, and Josefina Argueta from ISED Spa were in unanimous agreement. They identified the main challenges in the commercial real estate sector as sustainability, integrating technology into design, and cost optimization, underlining the gravity of these issues.

Argueta emphasized the importance of planning sustainable infrastructures from the outset to avoid higher costs in the future. Orozco highlighted how data usage transforms space design, making it more efficient and functional. Rangel explained that advanced Building Information Modeling (BIM), a collaborative methodology that creates a 3D digital model with all project information, allows for the efficient integration of design and execution, optimizing costs in real time and improving resource management. The key takeaway from their insights is that adopting technological solutions is not just beneficial, but crucial in addressing these challenges (functionality, design, and costs) and boosting efficiency in the sector.

Alejandro Delgado, Country Manager Mexico at SiiLA, added that technological platforms, such as data analytics and Artificial Intelligence (AI), reshape the real estate market’s dynamics by providing insights into market trends, property values, and consumer behavior.

"We identified three main challenges in the real estate sector: the lack of information and low standardization, the disconnect between marketing strategies and market knowledge, and the barriers to smooth information flow," Delgado noted.

"To address these issues, SiiLA implemented several solutions. First, we consolidated and standardized scattered information on available spaces through Market Analytics, presenting it clearly and uniformly. Second, we created a marketing department that works closely with clients, measuring campaign results monthly and adjusting strategies to align with market realities. Finally, with the launch of SiiLA SPOT, a digital marketplace that centralizes property information, we focused on transparency, allowing users to access property plans, conduct virtual tours, and directly contact brokers, eliminating intermediaries and facilitating a smoother, more transparent process without commissions," he added.

The impact of these platforms is evident in Mexico. CRMs, for instance, have evolved from simple databases to sophisticated tools that allow companies to manage every interaction with clients and prospects efficiently and personally. This is crucial in a market like real estate, where long-term relationships and trust are essential.

During the Crew Network forum, the impact of AI on the real estate sector was also discussed. While its use in offices has sparked controversy due to privacy concerns, AI has proven to be a valuable tool for tracking trends and workplace behaviors. The speakers explained that, for example, AI can automatically adjust office climate conditions based on employee schedules, significantly enhancing comfort and reassuring us of the potential benefits of AI in the workplace.

These digital platforms are not just modernizing and making the sector more efficient, they are also leveling the playing field in real estate. What was once dominated by major players with privileged access to information and resources is now a more even field. Small and medium developers, property owners, and investors can now access tools that were once only available to large corporations, ushering in a new era of opportunity and empowerment in the industry.

"We have sparked a growing interest in transparency, the adoption of technology in key processes, and a hyper-specialization that we at SiiLA are proud to lead," Delgado stated. This shift has benefited significant players in the sector while empowering new participants who are transforming the real estate landscape in Mexico.

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ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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