Finding the right place for your business or home is critical to ensuring success and satisfaction. The right location, the places around your future home, the fitting layout, and all the little details can bring you joy. But when looking for a new home or property, tenants will focus on just one thing: the accommodation itself.
Questions like “What’s the layout?”, “How tall are the ceilings?” or even “Does it have enough storing space?”. Sometimes, answering those questions without visiting the space and seeing what it looks like might be impossible. And that’s when a gap in information between a lender and a possible tenant appears. The solution? 3D Digital Twins.
What are 3D digital twins?
As the name suggests, 3D digital twins are virtual replicas of physical assets—objects, buildings, processes, and sometimes even people. The technology of the virtual twin integrates real-time data sources into a digital environment that mirrors the real world. In other words, you can access how your buildings and properties look (or will look once developed).
Sometimes, just an image of the architecture map might not be enough – not for the lender or the future tenant. However, by creating real-life simulations of the house, both parties can see exactly what features need to be added and how to structure them more effectively. This will also help you develop an interconnected space with the help of Internet of Things (IoT) sensors. And that’s why 3D digital twins can be lifesavers for lenders and tenants.
How do 3D Digital Twins Benefit Lenders and Tenants Alike?
No more waiting and planning; just open your phone or laptop and immerse yourself in your dream home – all by implementing 3D digital twin software. Trust us – both the lender and the tenant will thank you. But why exactly is that? What are the benefits of embracing 3D digital twins into your processes?
- Virtual Experience
What’s incredible about 3D modelling for real estate is the possibility of experiencing the property as you would in real life. From when you enter the home and analyze its layout to developing interconnected systems and even visualizing how the furniture will fit, 3D virtual tours bring the building to life – all through immersive experiences they can provide.
This way, 3D digital twins allow lenders and tenants to view and analyze the property—all through their laptops or mobile devices. No more physical viewings, tiring scheduling, or in-person check-ins. With easy access to accurate (and up-to-date) virtual models, all parties can make well-informed decisions regarding multiple aspects of the building—whether it’s for asset management, predictive maintenance, or leasing management.
- Space Planning
Everyone wants to make their properties feel like home or suited to their needs – whether for a commercial or personal residence. And with 3D digital twins, you can just do that! In fact, with virtual twin space planning, your future tenants will feel like Sims characters ready to redesign their entire house.
Because you can offer this personalized experience to your tenants, it increases the chances of faster leasing, higher occupancy rates, and an overall increased revenue potential. And since the future of real estate is all about innovation and personalization, implementing a 3D digital twin will become necessary. And it’s a win-win situation for both tenants and lenders alike.
- Cost and Time Efficiency
Whether you’re a landlord, a tenant, or even a realtor, you’re looking at the same thing: save as much time, money, and other resources as possible – but at the highest quality possible. This is when virtual twins will become your most valuable resource. Why exactly?
3D Digital Twins can help us in all stages of the development and renting process—from planning to asset management and predictive maintenance and, ultimately when leasing. This is why you can establish an efficient plan that benefits tenants and lenders. It all comes down to cutting down your costs and time.
Embrace the Future of Real Estate with Bright Spaces 3D Digital Twins
Engage your audience with a fully interactive 3D Digital Twin that captures every detail of your real estate portfolio.
- Interactive 3D environments to engage stakeholders and decision-makers, remotely and in-person presentations
- Create property development scenarios for off-plan speculative and build-to-suit projects, compare, decide
- Digital experience featuring location, amenities, tech specs – explored interactively
- Demo live availability and schedule next steps directly
- Used for feasibility, decision-making, commercial, maintenance
Book a free demo today and find out how Bright Spaces can help you experience the convenience of modern property management and take your tenant’s and lenders’ experience to a whole new level!