Generative AI to Transform Asia Pacific Corporate Real Estate: Colliers
The report, titled "AI in Corporate Real Estate: The Now, the Next, and the Possible", explores the flourishing generative AI market in the Asia Pacific (APAC) region, highlighting its untapped potential to boost productivity, creativity, and efficiency in the corporate real estate (CRE) sector.
“The alliance between human capabilities and technology is an evolving one. The adoption of the right tools and technologies has facilitated the accomplishment of desired outcomes faster and with higher efficiency,” says Arpit Mehrotra, Managing Director, Office Services, Colliers India.
Mehrotra elaborates on how Colliers is integrating AI into key service areas, including project management, facilities management, and advisory services. "Artificial Intelligence has made its way into the commercial real estate sector and is finding its footing befittingly. We will integrate these tools and platforms into our processes to gain comprehensive market insights that will make for better strategies," he says.
Colliers is leveraging advanced technologies such as Optical Character Recognition (OCR), Machine Learning (ML), and Predictive Analytics to craft client solutions that optimize resources and maximize value. "New technologies are enabling us to navigate larger complexities and cater to a wider audience," Mehrotra adds.
This strategic integration of AI tools is set to revolutionize Colliers' approach, providing enhanced solutions to meet the evolving demands of the corporate real estate market in the APAC region.
