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Folkestone’s Latest White Paper: Smart Cities – The Future of Cities

  • Published February 09, 2016 1:16PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

White Paper: Smart Cities – The Future of Cities

Cities are the engine room of the economy. They provide the setting to facilitate economic activity, innovation and a cohesive, prosperous society. However, at no other point in history have our cities been under pressure like they are at present.

Cities worldwide are striving to become smart cities driven by the need to generate economic activity, foster employment, deliver services more efficiently and effectively, improve mobility, achieve higher levels of sustainability and engage with, and better serve the needs of their community.

Advances in technology are serving as a critical agent of change. Smart cities are leveraging technology across buildings, infrastructure and service delivery to provide creative solutions to the 21st century challenges of our cities.

However, smart cities are not just about deploying technology. People and places are at the core of cities. Successful smart cities of the future will be the ones that go beyond just being more automated and tech savvy to ones that can attract knowledge, skills and innovation capabilities, and can bring together transparent governance, quality urban planning, open data and effective collaboration between all key stakeholders to create quality urban environments which are more prosperous, efficient, liveable and sustainable.

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Real Estate Performance

A-REIT Monthly Performance

A-REITs generated a total return of +0.95% in January outperforming equities (-5.45%) and significantly outperforming for the year: +7.47% vs. -5.83%.

Read more.

Residential Monthly Performance

A summary of the latest investment performance for residential property according to the CoreLogic RP Data Home Value Index – January 2016.

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