Opportunity through Obsolescence

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

Curator: Alexandra Faciu

Montréal, Canada

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Why we recommend it: This publication provides a thorough analysis of obsolescence and its main drivers, offering strategic advice to protect asset value and enhance portfolio resilience. In light of evolving market demands and increasing uncertainty, revitalization strategies must place a premium on financial returns, regulatory compliance, tenant needs, and enhanced visibility. Investors are increasingly drawn to sustainable, future-ready assets that align with urban and policy trends. Smart technologies and data analytics are enhancing performance and tenant experience, while retrofitting, repurposing, and conversions are proving vital for resilience and competitive advantage.

Key takeaways:

- Commercial real estate that has reached the end of its useful life faces several challenges. These challenges are present in all asset types and regions. The challenges include operational inefficie…