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Stock impact report

Beam Me Up Some Technology-Based REITs [Forbes]

Mitsubishi UFJ Financial Group, Inc. (MUFG)  More Company Research Source: Forbes
PDF Woman with futuristic smart glasses on grey background Getty As chief engineer, Montgomery “Scotty” Scott commanded Captain Kirk (in Star Trek), Beam me up , Scotty . That’s what it feels like when I began thinking about the potential for driverless cars. It ’s really hard to imagine how autonomous vehicles will transform the economy, but when you think about all of the potential catalysts driving the REIT sector, it’s really not light years away. Up until recently, I hadn’t thought much about a connection between automated-driving technology and commercial real estate, but Stephen Bersey, senior technology analyst at MUFG Securities Americas, convinced me otherwise. He said, “ the average person generates around 650MB of data a day, through the use of PCs, mobile phones and wearables, but by 2020 projections show that the average person will generate 1.5GB of data a day .” Of course I have no background in technology, so B [Read more]
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