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Investment in smart buildings moves up the agenda

New research among landlords, property managers, agents and suppliers has revealed that investment in smart building technologies is finally moving up the agenda, as they realise its ability to create efficiencies in commercial real estate, bringing costs down, increasing tenant satisfaction, improving space management and ensuring strong energy performance.

The research conducted by management consultancy CIL shows that over half (58 per cent) of respondents see smart controls and sensors as important in building management, with the majority (92 per cent) saying spend in this area is increasing.

GS Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector. Smart Building is a diverse term that refers to the technological capabilities of buildings and other work place facilities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.