The real estate landscape is undergoing a monumental shift, primarily due to changing work models, enhanced expectations for indoor well-being, and sustainability concerns. At the heart of this transformation is the integration of smart technology, which offers a compelling proposition for both attracting and retaining tenants. This article delves into how GrydSense - a pioneer in property technology - leverages its unified, AI-powered, data-rich analytics with its own set of globally patented integrated AI-enabled sensors Omnos to redefine the real estate experience, making properties not just spaces but intelligent ecosystems responsive to their occupants' needs.

What do Tenants want from Real Estate?

A survey of top corporate leaders shows hybrid work and operations have entrenched themselves across the business world - 73% of them having adopted a hybrid remote / onsite work policy. From the perspective of occupants, health and well-being in enclosed spaces remains a priority in the aftermath of the pandemic. At a global level, enterprises are being incentivized to adopt green and sustainable commercial operations – with 42% of global annual CO₂ emissions coming from buildings. Dramatic disruptions and changes have produced the result that the vast majority – 77% - of C-suite decision makers have deployed or are considering hi-tech investments for their offices. Such are the trends that inform the preferences of enterprises seeking commercial real estate today.

How does GrydSense help you attract tenants?

GrydSense transforms client real estate into smart space by providing outcome-generating analytics from a proptech layer consisting of our industry-first unified AI-enabled platform complemented with in-house patented AI-integrated sensors. The business outcomes include helping enterprises / REITs to: optimize usage of space within their existing real estate in the age of hybrid operations, optimize energy efficiency and achieve de-carbonization goals for landlords and tenants, make building spaces environmentally friendly, ensure the well-being of employees at work, and enhance tenant experience. REITs / landlords can use GrydSense’s integrated proptech solution to market their buildings better, an essential part of strategy in today’s age and time globally.

Space Management for Hybrid Workplace

Businesses are seeking to optimize their real estate for the part-remote, part-onsite hybrid scheme of work. Occupancy sensors and their data, when integrated into space management software, help create agile spaces suitable for hybrid operations. Analysis of and insights from space use data can transform the workplace in terms of:

a) ideal proportion of assigned and unassigned spaces
b) provision and evaluation of diverse work settings
c) determination of ideal size and number of meeting rooms
d) seamless access to space for employees through booking apps
e) improved collaboration between employees and teams with choice seating
f) lower overall costs of operation with reduction in energy costs and long-term space requirements

GrydSense’s cloud-based AI analysis algorithm with Generative AI interface recommends spatial configurations on the basis of usage data. With intelligent hybrid-ready spaces, enterprises can efficiently manage real estate, align with modern work trends, and attract employees back from remote work.

Energy Management

Up to 30% of energy used in commercial buildings is wasted. Energy-intensive systems such as HVAC or lighting need to be coupled with real-time occupancy of any building, especially in today’s hybrid mode of operations. With dynamic responsiveness to changing foot-fall, businesses can ensure greater operational efficiency. GrydSense’s Integrated solution stack just does that, helping Building Operation teams manage units in the most efficient manner.

How does GrydSense enhance Tenant Experience?

Tenants today have greater expectations from indoor office spaces in terms of safety and well-being, for understandable reasons following the pandemic. Further: flexible, seamless, and purpose-driven workplaces are important for employee satisfaction. GrydSense’s multi-variate environmental sensors creates a smart ambience for enhancing occupant experience.

Tenant Well-being

Indoor Air Quality: Exposure to elevated levels of CO₂ can reduce cognitive activity by 15%. Environmental sensors can monitor the concentration of CO₂, particulate pollutants, TVOCs, etc. and assess the quality of indoor air. This data is integrated with smart HVAC systems, to ensure all these parameters stay within acceptable levels for a healthy indoor experience.

HVAC: Constant human traffic can cause rooms to be uncomfortably over-cooled, or inadequately cooled. GrydSense integrates real time occupancy data with HVAC control algorithms, ensuring a consistent experience.

Visual Experience

Lighting: Workers are found to be more productive when exposed to natural light, studies show. GrydSense’s integrated sensors Omnos not only controls the lighting based on real-time occupancy, helping optimize use of lighting energy; our in-built technology also detects ambient lux levels and adjusts artificial lighting to take advantage of external daylight. Human-centric algorithms for Circadian lighting ensure office light levels align with body-synchronization, reducing visual fatigue.

Tenant Journey

Smart Parking: Our integrated parking management system GrydPark deployed in car-parks ensures tenants enjoy a stress-free beginning to the workday. Real-time data informs drivers about vacant lots, reducing lot-to-desk times. The camera-based system also assists in enhancing security in car lots, protecting car owners from vandalism and theft.

How does GrydSense strengthen Tenant Retention?

Having attracted tenants, landlords / REITs must then compete with peer-level technology-enabled space operators to retain them. With GrydSense landlords can offer data-driven value-added services which can greatly promote tenant loyalty and retention.

Tenant Feedback: Experiential engagement apps, integrated with sensorized spaces, permit tenants to assess and critique their workspace; this helps management better understand tenant needs, and builds a sense of community.

Smart Maintenance: With analysis of human use footprints, GrydSense sensors can detect the sections of the property that require maintenance and direct cleaning teams accordingly. This reduces the disruption, time, and cost of facility management for businesses.

In conclusion, the global trend and need of the hour is retrofitting existing real estate with holistic proptech solutions that complement existing building infrastructure, and planning new buildings that integrate such technologies from the design phase onward. Smart proptech integration is not just a trend but a fundamental shift in real estate towards creating more adaptive, efficient, and occupant-friendly environments. As the hybrid workplace model becomes the norm, the ability to attract and retain tenants will increasingly depend on how well buildings can adapt to these changing demands. GrydSense's innovative single unified stack approach makes it easier for landlords / REITs and enterprises to retrofit their existing buildings making them more operationally efficient and tenant-friendly. With our assistance landlords can digitally transform their existing portfolio, creating data-driven and outcome-based real estate in the age of AI and GenAI -based technology.