Commercial real estate industry under investing in technology: report

A Canadian information technology firm estimates that nearly one-third of the world’s commercial real estate industry is using archaic and error-prone spreadsheets to manage property portfolios potentially worth $11-trillion.

Altus Group came up with its figures after surveying more than 300 international executives in the commercial real estate industry to come up with its findings.

Read more on coverage of the Altus Group CRE Innovation Report by The Globe and Mail.

Read more on coverage of the Altus Group CRE Innovation Report by Canadian Business.

Read more on coverage of the Altus Group CRE Innovation Report by Montreal Gazette.