Fifth Wall’s Post

View organization page for Fifth Wall, graphic

46,722 followers

 🪄 Virtual reality is transforming building design Virtual reality is becoming more common in the real estate industry. Realtors have already used virtual reality technology to help homebuyers tour listings for a while now. But VR is also becoming transformative in the development design and construction phases of buildings. For example, viewing one-to-one 3D models of buildings is an effective way to way to fine-tune projects and eliminate errors. Developers, designers and other stakeholders can virtually “walk-through” a project before the ground ever gets broken. We see virtual reality technology as an opportunity for increased productivity and collaboration, such as our portfolio company Higharc. 💬 From Fifth Wall Investor Duncan Moore: “Tools that allow for more transparent, real-time collaboration between key parties introduce efficiency to the process via less rework and iterations over these many details. Core design tech has made impressive strides recently on the back of more advanced virtual environments and AI-powered automation. This will expedite key workflows within the design process. For instance, building renderings and layouts can be generated via simple text inputs today." #realestate #virtualreality

  • No alternative text description for this image
Anthony de Kerf

CEO @ SLACi Inc | Web3 Identity Infrastructures | PropTech

3mo

Development of the underlying building information model (BIM) [digitized c.2008] allows software apps like Autodesk technologies that generate 3D models of buildings and interior spaces using raw data. Consider BIM data 'version protection' as technologies and software evolves. Real estate started using VR in the last ten± years and still do it manually by manipulating photo's and video. Since owners don't rush out to build complete BIM datasets for existing buildings. this manual approach will continue to provide a solution until property data is digitized over time. Nonetheless, 'real-time collaboration between key stakeholders' require centralized storage and access. Specifically, cloud facilities for long term storage of property data with access controls for security and transfer of data between property owners and property management-service providers.

Like
Reply

To view or add a comment, sign in

Explore topics