{"id":56,"date":"2023-05-12T03:17:09","date_gmt":"2023-05-12T03:17:09","guid":{"rendered":"https:\/\/www.yardi.asia\/?p=303017"},"modified":"2026-08-06T04:23:34","modified_gmt":"2026-08-06T11:23:34","slug":"could-real-estate-ecosystems-be-your-new-edge","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/apac\/could-real-estate-ecosystems-be-your-new-edge\/","title":{"rendered":"Could real estate ecosystems be your new edge?"},"content":{"rendered":"\n

Solving the big challenges in real estate logistics demands a much larger and more sophisticated group of players than it did in the past. And that\u2019s why the region\u2019s real estate frontrunners are eyeing off ecosystems, says Yardi\u2019s Bernie Devine.<\/p>\n\n\n\n

\u201cLogistics assets have weathered the storms of the last few years, but the headwinds are now blowing hard,\u201d says Devine, Yardi\u2019s Senior Regional Director for Asia Pacific.<\/p>\n\n\n\n

\u201cRapid digitisation, automation, the rise of e-commerce, coupled with the challenges of climate change and cybersecurity, are driving the most drastic restructuring of worldwide supply chains in history.<\/p>\n\n\n\n

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\u201cThese complex challenges must be solved in partnership, which is why the region\u2019s logistics real estate leaders are looking to ecosystems.\u201d<\/p>\n\n\n\n

The term \u201cecosystem\u201d may be a trendy corporate catchphrase. But at its core, an ecosystem is a business model where two or more companies work together to generate more value than they could achieve individually.<\/p>\n\n\n\n

\u201cAn ecosystem is more than a partnership or a joint venture. It is an interdependent platform for collaboration and shared value creation,\u201d Devine says.<\/p>\n<\/div>\n\n\n\n

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\"\"<\/figure><\/div><\/div>\n<\/div>\n\n\n\n

When a group of stakeholders leverage technology in an ecosystem, they can optimise operations, reduce costs, improve customer satisfaction and confront other big challenges, Devine adds.<\/p>\n\n\n\n

Yardi\u2019s new whitepaper, All eyes on ecosystems<\/a>, makes a compelling case.<\/p>\n\n\n\n

A report from EY, for instance, found 60% of business leaders see ecosystems as a strategy to cultivate a culture of innovation. Technology analyst IDC predicts collaborating across ecosystems to share data, applications or operations will increase company profitability by 5% over 2023.<\/p>\n\n\n\n

Yardi’s whitepaper shares several instructive examples. These include Singapore Science Park, Southeast Asia’s first real estate testbed for 5G, and the \u201cinnovation incubator\u201d at the Western Sydney Aerotropolis.<\/p>\n\n\n\n

\u201cTechnology is at the heart of the ecosystem evolution,\u201d Devine notes. \u201cAnd that means any real estate company wanting to play in an ecosystem must prepare.\u201d Yardi\u2019s whitepaper offers five steps that logistics real estate leaders can consider.<\/p>\n\n\n\n

\u201cPotential ecosystem partners are unlikely to lower their standards to accommodate new entrants. Before logistics companies can step into a new ecosystem, they need to level up their systems, processes and standards across a wide range of domains, from climate action to cybersecurity,\u201d Devine says.<\/p>\n\n\n\n

\u201cThis transformative shift in thinking \u2013 but in doing so, logistics asset owners are positioned to add value to their ecosystems and unlock new opportunities for innovation and growth.\u201d<\/p>\n\n\n\n

Download Yardi\u2019s latest whitepaper: All eyes on ecosystems<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solving the big challenges in real estate logistics demands a much larger and more sophisticated group of players than it did in the past. And that\u2019s why the region\u2019s real estate frontrunners are eyeing off ecosystems, says Yardi\u2019s Bernie Devine. \u201cLogistics assets have weathered the storms of the last few years, but the headwinds are […]<\/p>\n","protected":false},"author":3092,"featured_media":58360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3728,3773],"tags":[],"class_list":["post-56","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","category-industrial-logistics"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Solving the big challenges in real estate logistics demands a much larger and more sophisticated group of players than it did in the past. 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