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It is vital for Cofinimmo to incorporate social

trends into its strategy. The greatest challenge

is to incorporate them at the right time in order

to create value for society generally

Xavier de Walque, Cobepa, CFO – Member of the Executive Committee

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The impact of the internet of things can already be seen in our cities and our

buildings: automatic ordering of solar protection for buildings depending on the

level of sunlight, air-conditioning activated by a presence detector, management

of roadside parking by presence detection and management of occupancy,

sending of targeted information to shopping centre customers based on their

geographical position, public lighting management, management of pollution

levels in cities, etc.

Changes in

technologies and

working practices

The increase in connectivity between people, but also between

objects (the internet of things)

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, the development of cloud comput-

ing has or will have an impact on the society of the future.

Changes to working habits (New World of Work), making work more

flexible and mobile, different needs expressed by new generations

arriving on the employment market are leading Cofinimmo to review

how it builds and operates its office buildings. In several buildings,

for example, the creation of shared meeting areas et co-working

areas is being studied.

Similarly, changes to consumption habits (e-commerce is

accounting for a larger share) is changing retailers’ property needs.

Property of distribution networks will need to adapt to this duality in

which the virtual and real economies exist side by side.

In 2008, there were as many connected objects as people

on the planet. By 2020, the number of connected objects

will reach 50 billion (source: CISCO, http:// share.cisco.

com/internet-of-things.html)

Urbanisation

The movement of populations towards cities is exacerbating a

number of challenges such as mobility in cities and availability

of resources to meet these people’s basic needs (food, housing,

education, leisure, etc.).

Public authorities’ search for more flexible real estate solutions is

increasing the Public-Private Partnerships offered to the State by

professionals in the field of the design, financing, construction and

maintenance of its property portfolio.

Europe, where 73% of the population live in urban areas,

expects urbanisation to exceed 80% by 2050. (source:

United Nations, World Urbanisation Prospects, 2014

version)

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