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How AI will transform lease administration

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Working with accurate data to provide simple, effective business analytics has become paramount across all industries, and real estate is no exception. 

In the ever-changing world of lease data, the financial and other uncertainties created by the pandemic have heightened the focus of businesses on keeping on top of developments. It is critical for corporate occupiers to ensure they are driving lease changes throughout the business, and paying landlords correctly. A centralised approach to managing lease data is a core element of consistency and standardisation of global lease reporting. Getting this fundamental and complex service right enables businesses to mitigate risk and bring significant cost savings to their global real estate portfolios.  

In our ‘CRE - Our industry today, tomorrow & beyond’ report I explore the potential of artificial intelligence and machine learning to enhance the management and optimisation of leases for corporate occupiers - noting that success comes down to finding, and applying, the right tools.

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United Kingdom

Maxine Burnett

Head of Lease Administration

Leeds

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