AI and VR are cost killers in construction

21
Mar
2024
News - AI and VR are cost killers in construction #AI #construction #cost optimization #Hungary #VR

by Property Forum | Interview

Latest technological innovations may cut time and cost significantly in preparing real estate projects. Property Forum asked Béla Markovich, CEO of construction giant Mapei’s Hungarian subsidiary about the ways the company uses VR and AI to reach higher efficiency and about R+D activity to produce eco-friendly construction materials.


Automation and robotics gain ground in Europe but we see CEE lagging behind most advanced Western countries. What are the reasons?

Indeed, robotics, automation, and mechanisation are increasingly spreading across Europe, but not only there, as they are also gaining ground in our country. Larger construction executing companies and building materials manufacturers are employing machines and robots in more and more places, automating an increasing number of processes. A good example of this is some companies that manufacture prefabricated structures, where the production process is almost entirely automated. There are also more mechanized work processes on construction sites. The widespread adoption of robotics, mechanization, and automation has three main reasons: many companies believe they cannot afford it financially, the still relatively cheaper labour, and the somewhat conservative mindset that is characteristic of the thinking of smaller companies' leaders.

Béla Markovich

Béla Markovich

CEO
Mapei Hungary

Béla Markovich is an engineer and started his career at Mapei as a sales manager in 1991. He has been serving as the CEO of Mapei Kft. since 1993. He is a leading member of several professional organizations including the National Federation of Hungarian Building Contractors where he is a member of the board. Additionally, he actively contributes to the professional community by frequently sharing his knowledge and experience through lectures, conferences, and professional forums. More »

Planning a real estate project, including the construction phase has become even more complex but VR and AI may make the way easier to succeed. Give us some examples of the efficiency of both tools.

Artificial intelligence makes it easier for customers to design the home of their dreams, with personalised designs and optimised use of space. Virtual reality allows a preview of the planned spaces, helping to refine spatial concepts. Both technologies reduce ambiguities in the design process, allowing clients to communicate their ideas more accurately. The use of AI and VR will lead to significant efficiency gains in the design and delivery of real estate projects. These innovations increase client satisfaction while reducing project lead times and costs.

We heard that 3D printing of buildings is very popular with many construction projects. How does it make costs much lower than the existing, normal method? Is it used in residential buildings as well or just for industrial ones?

3D printing is revolutionizing the construction industry, offering significant cost reductions and efficiency improvements. The use of Planitop 3D printing ink significantly reduces labour requirements and material waste, while speeding up the construction process. Construction projects, including residential buildings, can now be completed faster and with less financial outlay. The technology complies with international construction codes, allowing for its widespread application across various types of buildings. Thus, 3D-printed construction solutions are effective not only for industrial buildings but also for residential constructions.

Lowering the ecological footprint is a must when using construction materials. What are the latest results in R+D to produce eco-friendly materials?

Most responsible manufacturing and construction companies should focus on supporting sustainable development through their operations and products. This should be an obligation for every company. At Mapei, all developments are aimed in this direction: product development, expansion of factories and plants, and renovation of our office. When developing products, we keep in mind the CO2 footprint of the product, striving to keep it at the lowest possible level, as well as human health. Our products are designed to avoid emitting harmful volatile organic compounds to human health. Furthermore, part of our developments aims to use recycled materials in a higher proportion in new products.

Recycling is also a top priority in many parts of the economy. How construction companies are prepared to reach a bigger proportion of reused materials?

Building material manufacturers, including Mapei, are consciously developing products that increasingly utilize recycled materials. For example, we have a development called Re-Con Zero, which allows us to make unused concrete reusable. Construction companies also strive to use building products manufactured with recycled materials. Furthermore, many construction companies care about selectively collecting construction waste on-site and ensuring it is sent to processors accordingly.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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