Contracting for Facilities Management Services in the Proptech Era

Technology is transforming the way companies use, manage and maintain their real estate portfolios. Shopping centers are leveraging big data and developing cloud solutions and applications to attract the next generation of shoppers and transforming their ordinary mall visit into an “experience.” Large companies are increasingly seeking to monitor, on a real- or close to real-time basis, their facility occupancy rates and optimize their real estate portfolios, based on the analysis of such data.