Has the time come for real estate business models to transform?

As the first round-table discussion of the day got underway, 93% of participants at yesterday's IEIF (Institut de l'épargne immobilière et foncière) conference answered in the affirmative to the question: "Are environmental, societal and economic changes forcing real estate players to rethink their business models?" But if the time for transformation has come for the French real estate industry, its players still have to learn to juggle both cyclical and structural constraints...