The World Economic Forum flagship annual meeting in Davos, Switzerland, brings together the world’s most influential and powerful leaders in politics, business and academia to discuss and shape global, regional and industry agendas.
While broad geopolitical and economic themes will be at the forefront of the event, which takes place 17 to 20 January, this year’s theme ‘Responsive and Responsible Leadership’ is one that is particularly pertinent to the real estate industry.
As more and more of the world’s population lives in cities, issues of infrastructure, investment and sustainable building are of key importance to country, municipal and business leaders. In addition, as new technologies change how people live and work – this is having a major impact on how individuals and companies interact with and invest in real estate, whether it’s office buildings or homes or facilities such as hospitals.
Here are the real estate issues that will be under the spotlight at Davos.
Urban issues and planning
Cities have never been more powerful. Global economic activity is concentrated in them, with less than 50 mega cities at the center of it. There is a need to find a sustainable growth model as urban spaces grapple with challenges such as crime, over-crowding and rising inequality.
Infrastructure and development
The worldwide demand for infrastructure estimated at US$4 trillion in terms of annual expenditure, and there are new frontiers and cities opening up such as Central Asia involved in the One Belt One Road initiative. How can business and political leaders rise to this call for development and investment?
Coping with disruptions in the way we age
Thanks to the Fourth Industrial Revolution where digital technology will change the way we live, work and play, humans are living and working longer. Diseases such as strokes and heart attacks as well as accidents are preventable, too. Urban landscapes and sectors are geared to evolve, spurring amenities such as hospitals and offices to be reimagined.
As a strategic partner of the World Economic Forum, JLL is sending six delegates to Davos. Follow their insights here.