Commercial real estate technology in the news:
See what the industry is talking about.
21 March 2017 - From mobile devices and platforms to smart buildings and virtual deal making, technology is going to change the face of commercial real estate. In many ways, it already has.
Read more from JLL's Doug Irmscher at GlobeSt.com
14 March 2017 - JLL's Head of Energy and Sustainability, Bob Best, discusses how technology has changed the way buildings are managed today.
Read more at CRE Tech
17 January 2017 - "JLL will look to utilize sensors and IoT for three main use cases: managing infrastructure, utilization of space and total employee experience. This could range from smart management of office energy consumption, to meeting room utilization metrics. The latter is the most ambitious, with the eventual aim being a "data driven office" environment where employees that are increasingly used to co-working spaces have more control over what assets they use in real time."
Read more at Computerworld UK
3 November 2016 - "The lab’s flagship project is to create a massive commercial real estate database for the city of New York. The database will go beyond rents, transaction prices, building mortgages and vacant space to include Airbnb locations, co-working spaces, cell towers, fiber optic cables, subway lines and more. Combined, the extensive data will offer a way to view the city with distinct and unique perspectives."
Read more at cre.tech
11 August 2016 - "As part of its digital transformation, JLL is becoming increasingly software-driven. As a result, in many ways it is now a cloud-based software company. There is an important lesson here for any enterprise undergoing such transformation: digital changes everything."
Read more at Forbes
8 August 2016 - “We need to enable our people to do things quickly and to do things that are unique for our clients, but we also need to make sure that we can protect the data,” explains Edward Wagoner, global chief information officer for corporate solutions, with JLL. It keeps people more efficient, while offering flexibility.”
Read more at Fortune
16 June 2016 - “[JLL] is using the growing trove of building information—including data from Internet-connected sensors—to help clients locate the site for their next corporate headquarters, maintain their heating systems, and even design their conference rooms.”
Read more from The Wall Street Journal (sub).
9 June 2016 - “We recently went out for a couple of positions that sit on our senior executive committee and, for two of them, I only would accept a diverse slate. We’ve found that we get better outcomes for clients when we put diverse teams together.” Hear more from JLL's Greg O'Brien, Americas CEO,
25 May 2016 - "JLL relies on the Informatica Intelligent Data Platform (IDP) for fast, easy access to authoritative data, self-service analytics and comprehensive views of properties. Enabled by Informatica, JLL has improved client satisfaction, increased revenues for JLL and its partners and recognized a substantial savings, including a 15 percent reduction in energy consumption across JLL facilities."
Read more at Nasdaq.
12 May 2016 - JLL’s RED Platform was recognized with the CoreNet Global Innovation and Product Development Award, and is on the short list for the Global Innovators Award that will be announced this October.
Read more at CoreNet Global.
25 March 2016 - "Great drone footage can make a building come alive for tenants and investors in a way other video footage cannot—and it’s useful on a practical level for property managers and site selectors, too. For example, we used fly-through footage to produce a vivid tour of a 200,000-square foot creative office redevelopment project in Los Angeles, and aerial footage featuring the iconic Atlanta skyline to introduce a sales piece for JLL property management services." Hear more from JLL's Gina Kacamburas, SVP Director Marketing, Technology,
at TREC Wire.
22 February 2016 - "Listen to the challenges from the business, and not just to the technical challenges. This is crucial. Help your business partners by building strategic directions to evolve not just the technology, but to evolve the organization and help move it forward." Hear more from JLL's Levon Hooks, CIO Global Corporate Solutions,
16 December 2015 - "As you’re walking past a retail store, an app that has beacon-based offers sends you what deals are going on, but it also gives you the floor plans of the building. Some of these apps will even tell you if you’re lost, how to get there. [Beacons] offer more value beyond just a marketing message." Hear more from JLL's Tom Lombardo, COO, Digital and Mobility Marketing,
11 November 2015 - "There’s no such thing as ‘TMI’ when comparing corporate facilities. Information is power, when seeking business productivity. Executives are increasingly looking at facilities in a company’s portfolio to determine: Which are the most productive? What features do they share? What factors are a drag on productivity? To help answer these questions, the more layers of facilities data, the better." Read more from JLL’s David Kollmorgen, International Director, Business Intelligence,
at Real Street Tech.
2 November 2015 - "Motion sensors driving light switches used to be state of the art in office buildings, but now startups and big companies are bringing connected sensors and data analytics into commercial offices that will make building management look a lot more like IT."
Read more from Fortune.
October 2015 - "Gone are the days when technology is seen purely as a cost center. Now we look for platforms that directly contribute to achieving our clients’ investment and corporate business objectives." Read more from JLL Americas CMO Jill Kouri, for CIO Review's special edition,
Marketing Tech Insights (see pg. 20).
21 August 2015 - "There is no doubt that technology has transformed our culture in every way. From how we communicate to how we buy services and how, and where, we work. But lately, technology’s impact has hit closer to home, in our industry. Technological advances in the commercial real estate (CRE) sector have accelerated exponentially in the last few years impacting tenants, investors and brokers alike."
Read more from the National Real Estate Investor.
10 August 2015 - "After opening LivingSocial offices around the world, Rinaca jumped at the opportunity to launch a leasing platform with two JLL suits. HiRise addresses the pain points he had been encountering daily."
Read more at Technical.ly DC.
4 August 2015 - "Assessing a storm's damage to a house; responding to a prospective buyer's concerns about a property; designing offices that suit the needs of its tenants—all are key tasks of the real estate business that are rapidly being made faster and less expensive as the industry adopts lessons from technology, lessons that have already dramatically changed industries such as finance and health care."
Read more from CNBC.
28 July 2015 - "Keep the lights on in Toledo. Secure 20,000 square feet of space in LA. In the 1990s, corporate real estate (CRE) outsourcing strategy was primarily tactical, giving direction to whichever on-the-ground service provider was most fit for the job. Tactical service delivery just isn’t in demand today. Strategic, data-driven insights, advice and results are replacing tactics, and partnerships are replacing vendor relationships."
Read more on the IAOP Pulse blog.
14 July 2015 - "HiRise is a self-service leasing platform, that lists and hopes to fill up those smaller spaces that often remain vacant. But they didn’t stop there. On HiRise, you just don’t browse, select and make contact. You can also design the space, sign a lease and pay online. HiRise is why I think JLL is the smartest brokerage in the world."
Read more from CRE Outsider.
1 July 2015 - This new platform [RED] is being introduced at a time when corporate real estate executives are experiencing growing pressures to contribute measurable value to their organizations. According to JLL’s 2015 Global Corporate Real Estate biennial survey and report, 77% of corporate real estate executives say that managing operating expenses is a C-suite priority, and 61% report pressure to improve the productivity of their physical real estate assets.
Read more from Real Street Tech.
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