experts: real estate column Wednesday, November 24, 1999

THE FUTURE FOR TENANTS OF APARTMENT BUILDINGS

By Ozzie Jurock

1. E predicted last week that every building will have its own virtual reality environment (Apartments, Malls, Warehouse complexes).

2. International Properties Group launched two weeks ago in Calgary and last Monday in Vancouver they launched Bestplacetolive.com.

IPG owns 8000 condos in 53 buildings in North America.

They will rename all of their buildings to "bestplacetolive.com".

Here is how tenants benefit:

  1. Renaming all buildings will 'brand name' all buildings to 'bestplacetolive.com'
  2. Shaw Cable in every suite with Internet access
  3. In house website for every building showing proximity to schools, hospital, transportation
  4. Automatic:
    A) Phone hookup
    B) Cable hookup
    C) Utility payments
    D) Pay rent direct
    E) Buy home owner and tenant insurance
    F) Have online access to maintenance desk for repairs
    G) Security surveillance via internet
  5. Most importantly - prospective tenants can preview all suites at their leisure with 360 degree virtual tours
  6. They can also view amenities, pools, lobby, health clubs
  7. Online bulletin board for tenants.

This will save prospective tenant much drive around time.




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