News and Announcements
Folkestone’s Latest White Paper: Smart Cities – The Future of Cities
- Published February 09, 2016 1:16PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
White Paper: Smart Cities – The Future of Cities
Cities are the engine room of the economy. They provide the setting to facilitate economic activity, innovation and a cohesive, prosperous society. However, at no other point in history have our cities been under pressure like they are at present.
Advances in technology are serving as a critical agent of change. Smart cities are leveraging technology across buildings, infrastructure and service delivery to provide creative solutions to the 21st century challenges of our cities.
However, smart cities are not just about deploying technology. People and places are at the core of cities. Successful smart cities of the future will be the ones that go beyond just being more automated and tech savvy to ones that can attract knowledge, skills and innovation capabilities, and can bring together transparent governance, quality urban planning, open data and effective collaboration between all key stakeholders to create quality urban environments which are more prosperous, efficient, liveable and sustainable.
Real Estate Performance
A-REIT Monthly Performance
A-REITs generated a total return of +0.95% in January outperforming equities (-5.45%) and significantly outperforming for the year: +7.47% vs. -5.83%.
Residential Monthly Performance
A summary of the latest investment performance for residential property according to the CoreLogic RP Data Home Value Index – January 2016.
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