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What is retrofitting in real estate?

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What is retrofitting in real estate?

Last updated: July 2 2019
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  • What is retrofitting in real estate?

    What is retrofitting in real estate and what difference does it make? I just read a bit about it online and liked the concept so shared here.
  • #2

    #2

    Re : What is retrofitting in real estate?

    Nice topic here! Well, retrofitting is an attempt to compete with commercial hubs in the maximum possible manner. It is the makeover of old properties to survive in a fast growing commercial domain that is evolving into nothing seen before. Workplaces have changed since the advent of co-working spaces and the likes! So whatever is old, has to be customised to meet the needs of the market.

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    • #3

      #3

      Re : What is retrofitting in real estate?

      Retrofitting is a a necessity in a time when commercial real estate is being bombarded by innovative offerings like co-working spaces and the comfort such settings bring along. Old office set-ups are a thing of the past and hence they have to make them as good as they can to cater to a fast growing younger workforce.

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