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If You Can't Measure It, You Can't Change It: The Importance of Data to Improve Sustainability in the Built World

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Andrea Chegut
Director at MIT Real Estate Innovation Lab
+ 1 speaker
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Reimagining Real Estate Sustainability Summit
October 1, 2020, New York, USA
Reimagining Real Estate Sustainability Summit
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If You Can't Measure It, You Can't Change It: The Importance of Data to Improve Sustainability in the Built World
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About speakers

Andrea Chegut
Director at MIT Real Estate Innovation Lab
Lindsay Baker
VP, Global Head of Sustainability & Impact at The We Company

Dr. Andrea Chegut is the Director oftheMITReal Estate Innovation Lab, which investigates innovative products and technologies, financial value, and economic growth impacts in the built environment. The lab is an interdisciplinary group of computational designers, urban planners, economists and statisticians that work to understand change in cities. Dr. Chegutalso heads entrepreneurial research for DesignX, a venture accelerator for student and faculty firms from MIT’s School of Architecture and Planning that focuses on design, cities and the built environment. She holds the position of Research Scientist at MIT based on her academic research in asset pricing of innovative commercial and residential real estate products, entrepreneurial firm performance, and technological progress in the built environment. Additionally, Dr. Cheguthas a PhD in financial economics with a concentration in real estate and has worked at the intersection of innovation, urban economics and real estate for over a decade.In addition to research, Dr. Chegutteaches classes on technology and innovation, finance, data science and machine learning at MIT. Prior to her work at MIT, Andrea had a career in securities asset pricing, mortgage back securitization and worked across Europe on developing asset pricing models for commercial real estate, green buildings and digital infrastructure.

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Catalyzing at the cutting edge of healthy and sustainable buildings and communities. From research to non-profit work, from startups to corporates, I work wherever I can have a large scale impact. Carrying a special torch for human-centered building operations and design.

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About the talk

Topic: PropTech
Track: Data

Event Co-Chair Lindsay Baker interviews Dr. Andrea Chegut Director of MIT Real Estate Innovation Lab at the Center for Real Estate at MIT who demystifies data science ("data scientists are like a great therapist"), smart-buildings, and the value proposition of healthy buildings. Do not let the MIT in her title intimidate you, Dr. Chegut breakdowns these complex issues in a very digestible and inspiring way.

00:15 Intro

05:35 The world of data in real estate

13:00 Smart buildings

17:35 Data

22:15 Financial performance

28:45 The research and possible industry changes

34:38 COVID-19 impact

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