Following the launch of ChatGPT one year ago, more than a third of Asia real estate executives expect artificial intelligence to have a revolutionary impact on the industry, according to a report released this past week by Yardi, based on… Read More>>
The global market for technology serving the real estate market, or PropTech, is estimated to grow from US$18.2 billion in 2022 to US$86.6 billion in 2032, according to a recent study. A pair of Hong Kong companies are taking advantage… Read More>>
Altus Group rolled out its technology enabled valuation management services to Asia Pacific investors less than five years ago and has now expanded to handle the valuation management of assets worth $22 billion each quarter.
The company has reached this… Read More>>
PropertyGuru, an online property marketplace backed by KKR and TPG, plans to pull out of the Indonesian market this year as Singapore firm retreats from a Southeast Asian expansion that has generated three years of red ink.
In a statement… Read More>>
With the release of consumer-ready AI tools like ChatGPT and Google’s Bard making powerful labour-saving tech available as never before, a study released by Bloomberg last month estimated that the market for generative artificial intelligence will grow to $1.3 trillion… Read More>>
Solving the big challenges in real estate logistics demands a much larger and more sophisticated group of players than it did in the past. And that’s why the region’s real estate frontrunners are eyeing off ecosystems, says Yardi’s Bernie Devine.
What is the secret to satisfying today’s tech-savvy, sophisticated and inquisitive investor? Chris Barbier, Yardi’s Investment Management Industry Principal, has a few insights to share.
“Today’s investors not only want more information. They also want easier access to it,”… Read More>>
With the debut of ChatGPT in November, businesses are becoming more interested than ever in harnessing the power of artificial intelligence and big data to simplify processes and boost efficiency.
However, for real estate companies to harness the potential of… Read More>>
Stirred to action by the COVID-19 pandemic, the US government has turned to OpenSpace to provide remote monitoring of building projects using the company’s on-site image capture technology.
San Francisco-based OpenSpace and partner JLL Technologies, the proptech arm of the… Read More>>
A modern office building is very difficult to maintain without one key factor: technology. As consumers, we have become accustomed to tech-enablement across all areas of our lives, from education to exercise, entertainment to e-commerce. This reliance on technology in… Read More>>