Artificial intelligence has the potential to provide “tremendous value for real estate as financial services organizations undergo business transformation,” says a JLL report called Financial Services: 5 trends to expect in 2024.

“AI and generative AI were ranked among the top 3 technologies expected to have the greatest impact on real estate over the next three years by investors, developers and corporate occupiers,” they wrote, adding that 2022’s funding of AI-enabled proptech was $4 billion, or almost double that in 2021.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erik Sherman

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.