By Jennifer Giuliano, Principal, National Portfolio Manager, Partner Engineering and Science, Inc., published in GlobeSt.com on July 12, 2024
Due diligence practices are adjusting rapidly as investors examine their target acquisition through modern lenses that affect the way asset information is collected and used, as well as new key KPIs related to long-term asset performance.
The commercial real estate (CRE) industry is in a period of unprecedented evolution, triggered by the availability of new technologies and changing societal norms. One of the slower industries to shift into the cyber age, CRE’s common brick-and-mortar mindset is increasingly influenced by the fluid world of data analytics, computerized and real-time automated operations, and digital communication. Due diligence practices are adjusting rapidly, too, as investors examine their target acquisition through modern lenses that affect the way asset information is collected and used, as well as new key performance indicators (KPIs) that seek to evaluate long-term asset performance.
In this Globe St. article, Partner’s National Portfolio Manager, Jennifer Giuliano, discusses trends, best practices, and the future of due diligence.
