12 January, 2019

Autonomous Vehicles Driving Change in Real Estate


Autonomous vehicles (AVs) may have the greatest impact on U.S real estate markets since the mass adoption of the car and expansion of the federal highway system in the 1950s.

These transformational events facilitated a surge of residential and commercial real estate development in the suburbs, underscoring the interconnectivity between transportation and real estate. Assuming their eventual widespread adoption, AV’s may have a similarly transformational impact on residential and commercial real estate. In this report, CBRE Research examines the implications of widespread AV adoption for the office market, presents several AV rollout scenarios to gauge when this might occur, and offers strategies for office occupiers and investors to prepare themselves for the impact of AVs

 

 

By: The HTFG