SURVEY: Will The Metaverse Reshape Commercial Real Estate?

Pexels/ThisIsEngineering

They say you can’t escape reality, but lately, that seems more true about virtual reality.

The metaverse is dominating headlines and could soon play a major role in the economy — Goldman Sachs and Morgan Stanley both reported they see $8T worth of opportunity in the space. Major institutional investors like BlackRock are looking to get into the sector in a bigger way. And some commercial real estate players are starting to eye the metaverse as well, especially as virtual worlds are increasingly (rightly or wrongly) being treated as places with parcels that can be sold, leased and mortgaged just like physical real estate.

All of this is new and confusing, and it is difficult to separate reality from hype and hope. As the commercial real estate industry parses through it all, we want to hear from you about your thoughts on and actions in the metaverse so far.

Take the survey below or at this link.

 

Continue reading this story with a free account

Log in or register
Related Topics: Metaverse
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Spirit Christmas Unveils Plans To Grow Store Count This Holiday Season

Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path

Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale

Transformers: Yet Another Data Center Power Infrastructure Supply Chain Bottleneck

Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

After Years Of Rising Vacancy, Kendall Square Starts To Gain Momentum From AI

Heitman, Andover Target Self-Storage With New Investment JV

U.S. Multifamily Market Regaining Its Balance As Yearslong Supply Wave Tapers Off

Clarion Hires Prologis Executive To Lead Power Strategy

Why Data Centers Need To Embrace 'Responsible Resiliency'

The Bridge-To-Bridge Bet Is Holding Off CRE's 'Day Of Reckoning' — For Now