Building Blocks - Week 30
ESG Real Estate Laboratory
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Building Blocks – Week 30
Welcome to this week’s edition. Here’s what you need to know in the world of real estate and emerging trends.
From the Editor:?
At ESG Real Estate Lab, we are thrilled to collaborate with students of all ages and backgrounds from around the world. Working with such a diverse and inspiring group brings us immense joy! This week, we explore emerging trends in Australia, India, the US, and Egypt, focusing on young leaders driving the shift towards a more sustainable future in real estate and finance.
One of our highlights today is the story of two remarkable women in Boston—Kaitlin McCarthy and Peggy Ghasemlou. They are trailblazers in the real estate industry, pioneering new paths and setting an example for all of us to follow. Their hard work and innovation are truly inspiring.
In Australia, we examine the nation's fastest-growing real estate market and think about how technology is being integrated into local government processes, such as development approvals in real estate.
Speaking of technology, we feature two insightful articles: one explores how technology can complement and enhance human efforts rather than replace them, and the other examines the new types of jobs being created in the real estate and construction sectors.
Join us as we uncover these exciting developments and celebrate the people making a difference in the world of real estate!?
?? Top Story: Women in Leadership
Kaitlin McCarthy, a 2009 Northeastern graduate, is the founder of one of the first women-owned real estate development firms in Boston.
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?? Insights: Global visionaries
Formerly an architect and mentor to young women in Tehran, master’s student Peggy Ghasemlou now aims to promote sustainability and green investing in real estate development.
?? Key Takeaway: Where are we seeing growth?
Queensland’s fastest growing city, Logan, is seeing such huge housing demand that it’s hiring 48 new development approvals staff to cut red tape and get people into new homes faster.
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Logan mayor Jon Raven, who’s been in the top job for four months after two years as deputy, expects the move to ease some of the pressure of having the highest rate of internal migration of any council in the country.
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???Technology corner: More funding for short term rental platforms
Birdnest aims to collaborate with real estate developers, institutional investors, and independent property owners to develop and operate high-value short-term rental properties, establishing itself as the leading short-term rental platform in the region.
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???Technology corner: Technology vs humans discussion
Despite the march of artificial intelligence and other tech into the estate agency sector one industry figure has made the surprising claim that it “will never replace humans”.
Gemma Young, Co-founder of proptech company Moverly, does not think it will be the solution to every problem. Instead, she says the best proptech provides a framework and is a facilitator rather than a magic wand.
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???Technology corner: How technology helps create jobs in construction and real estate
The Convergence of Technology in Contech and Proptech
Traditionally resistant to change, the construction sector is now rapidly integrating advanced technologies such as offsite manufacturing, 3D printing, and AI-driven design, influenced by global drives towards sustainability and efficiency.
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Have a great weekend and a profitable week ahead!
Inspirational stories on 3 great female leaders inside this week in review Peggy Ghasemlou Gemma Young and Kaitlin McCarthy ?? ?? ??