A new generation of tenants: flexibility and digitalization are key

Tomorrow's generation of tenants is looking for flexibility. While previous generations often preferred long-term commitments, modern tenants place great value on the ability to quickly adapt their living and working spaces to their changing life situations. This flexibility is reflected not only in the way spaces are designed, but also in the contract structure. Short, customizable leases that are tailored to the individual needs of tenants are increasingly becoming the norm. Coworking spaces, flexible office space and hybrid residential concepts that combine both working and living are becoming increasingly important.

For real estate companies, this means that they need to rethink their existing models and focus on more flexible solutions. Modular and multifunctional room concepts play a key role here. Rooms that are used as offices today may need to be converted into an event or conference room tomorrow. This flexibility requires forward-looking planning and smart building management systems.

Technology at the heart of modern rental spaces

Technology is far more than a bonus for tomorrow's generation of tenants - it is a basic requirement. Tenants expect their living and working spaces to be equipped with modern technology. From smart home systems that allow lighting, heating and security to be controlled via smartphone, to digital platforms that can be used to process rent payments and contract changes, technological innovations have become an integral part of modern buildings.

PropTech companies in particular are driving these developments and offering solutions that make everyday life easier for tenants and landlords alike. Buildings that are characterized by smart control systems not only offer more comfort, but also significant cost savings through optimized energy efficiency. In addition, digital solutions enable seamless communication between tenants and landlords, which significantly reduces the administrative burden and leads to greater satisfaction on both sides.

Sustainability as the new standard

Alongside flexibility and technology, sustainability is the third major issue shaping the expectations of tomorrow's generation of tenants. In a world that is increasingly confronted with the consequences of climate change, young tenants expect the buildings they use to be operated in an environmentally friendly and resource-saving manner. Sustainability is no longer just a "nice-to-have", but a clear expectation.

Real estate companies that invest in energy-efficient technologies, use sustainable building materials and use renewable energies have a clear competitive advantage. These developments are also reflected in the increasing demand for "green" buildings, which offer not only ecological but also economic added value. A building that is constructed and operated sustainably is cheaper in the long term, as it consumes less energy and has a longer service life.

Innovative solutions for the real estate industry

The combination of flexibility, technology and sustainability represents a challenge for real estate companies - but at the same time offers enormous opportunities. To meet these requirements, close collaboration with PropTech companies is essential. These innovative companies develop software solutions and technologies that make real estate projects more efficient and cost-effective.

By using digital tools, real estate developers and operators can not only manage their projects better, but also make the operation of buildings sustainable and future-proof. Digitalization opens up new opportunities to automate processes, manage data efficiently and reduce costs.

PROBIS: Efficient construction cost controlling for the rental spaces of tomorrow

One example of such an innovative solution is the PROBIS construction cost controlling software. PROBIS gives real estate companies complete control over their construction projects, from budgeting to monitoring costs in real time. The software offers precise tools to track expenditure transparently, plan budgets optimally and design construction processes more efficiently. Especially in large and complex construction projects, this type of control is essential to stay within budget and complete projects on time.

With PROBIS, real estate companies can not only keep their construction costs under control, but also create the basis for flexible, technological and sustainable rental spaces that meet the requirements of tomorrow's generation of tenants. In this way, the software helps to future-proof the real estate industry and create innovative rental spaces that are flexible, digitally connected and sustainable.

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