Information and communications technology (ICT) has brought about major changes in both organisational and economic structures over the centuries. On the one hand, there has been much hype about the role that ICT would play in eliminating the need for physical real estate space; and on the other, some have suggested that institutional factors and fixed costs mitigate against transformative change in real estate.

This book provides a balanced view between these two positions. It will demonstrate how ICT affects the shape and form of real estate in our towns and cities, with other forces in the new economy. Issues covered are:

• an examination of how ICT and organisational change, combined with social, political and economic factors, affects real estate space demand
• an analysis of how real estate strategies are changing to reflect these trends
• how technology affects the geography and space of real estate and infrastructure in our towns and cities
• potential future urban shape and form.