Articles

Why digital twins could help to shape the future of real estate

What is it: Knight Frank’s April 2, 2025 article explores how digital twin technology is emerging as a transformative tool in real estate. A digital twin is a dynamic, virtual replica of a physical building or asset, continuously updated with real-time operational and environmental data. The technology enables simulation-based modeling for performance optimization, energy efficiency, sustainability benchmarking, and strategic investment decision-making. Experts at Knight Frank demonstrate its application in Energy Performance Certificates (EPCs), embodied carbon measurement, asset valuation, and predictive maintenance.

Stakeholder Audience: Facility managers, sustainability leads, asset investors, ESG & finance teams, valuer/advisory professionals.

Inform or Action: This item is both informative and action oriented. It educates BLM stakeholders on digital twin capabilities and encourages them to explore adoption through pilot programs, ESG-aligned valuation frameworks, and integration into capital investment strategies.

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Relevance to BLM Principles: Digital twin adoption advances Building Lifecycle Management goals by enhancing data transparency and enabling proactive lifecycle decisions. It supports precise sustainability management and capital deployment—core BLM tenets.

#BLMI #IFMA #Autodesk #DigitalTwin #PropTech #ESG #KnightFrank