Global shifts accelerate as Jamaica faces a quiet but defining test

Global forces, from AI to capital shifts, are quietly reshaping property markets, with Jamaica facing a narrow window to adapt or fall behind

captioConcept illustration of a modern housing scheme in Jamaican.

• 31% of institutional real estate globally expected to be repurposed within five years

• Over 50 billion connected devices now shaping building performance and usage

• 1 in 3 employees at major firms using AI tools weekly, over 70% report productivity gains

• IoT market projected between $1 trillion and $7 trillion

• Real estate shifting from ownership model to operational, service-led asset class