Immobilien: „Die Branche produziert Datenmengen, nutzt sie aber meist isoliert“
Planung, Finanzierung, Bau und Betrieb von Immobilien müssten besser verknüpft werden, meint Steffen Sebastian, Professor für Immobilienfinanzierung. Dabei könne KI helfen.
Professor Steffen Sebastian, who teaches real estate finance at the International Real Estate Business School (Irebs), serves as the director of the Center for Finance at the University of Regensburg and a research associate at the Center for European Economic Research (ZEW). His research focuses on indirect real estate assets, real estate financing, rent regulation and rental price indices. He is co-editor of the "Journal of Real Estate Research" and the "German Journal of Property Research".
According to Sebastian, the biggest untapped potential in the real estate industry lies in connecting data and artificial intelligence. The sector generates vast amounts of data, yet it is often used in isolation. The bottleneck is not technology, but the lack of integration between planning, financing, construction and operation. If this integration improves, building processes might become simpler in the future.
Sebastian recalls his biggest surprise regarding the real estate market as the introduction of negative interest rates. While zero interest rates had been a central reference point in theory and teaching for decades, the reality showed that there are alternative paths. This served as a reminder not to confuse economic model assumptions with natural laws.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
