Opportunity through Obsolescence

Research paper by JLL (2025) | Retrofitting, Information, Technology

Curator: Alexandra Faciu

Westmount, Canada

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Why we recommend it: This publication is a well-articulated analysis of the key dimensions and drivers of obsolescence. It intends to guide strategies intended to protect asset value and enhance portfolio resilience. In response to shifting market demands and economic uncertainty, revitalization efforts must focus on financial outcomes, regulatory alignment, tenant expectations, and market visibility. Investors are becoming increasingly focused on resilient, sustainable assets that can anticipate regulatory and urban development trends. Technologies such as smart systems and data analytics are being used to boost performance, tenant experience and sustainability. Retrofitting, repurposing, and conversions are emerging as strategic approaches to strengthen resilience and gain a competitive edge.

₋ Commercial real estate that has reached the end of its useful life faces several challenges. …