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Insights & Research

Artificial Intelligence

AI Insights An interview with Elin Hauge

The adoption of AI is increasing, with governments, corporates, and individuals globally assessing its potential impact – though quantifying it remains a challenge.

Leveraging AI capabilities presents many potential benefits, from automation and process optimisation to widening creative possibilities. Consequently, AI could significantly impact the economy and business. In the real estate sector, it has the potential to transform how buildings are designed, occupied, managed – and more. But there are risks.

This series intends to set AI in context and explore how its impact on businesses could flow through to property markets. We share our view on AI’s potential across a range of industries and its practical implications for the real estate sector.

What are the implications of AI for real estate?

AI is rapidly transforming industries across the globe, with the technology becoming an integral part of everyday practices.

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Latest Articles

Article | Intelligent Investment

Will Artificial Intelligence enable the net zero transition or derail it?

November 6, 2024

Whether AI helps or hinders the transition to net zero ultimately depends on how demand for AI develops and whether the energy it consumes outpaces the growth in renewable energy generation.

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Article

AI’s impact on data centre development

October 29, 2024

The surge of Artificial Intelligence (AI) applications has contributed to unprecedented demand on data centre infrastructure.

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Article | Intelligent Investment

AI facilities management: A new era of efficiency

October 24, 2024

Artificial intelligence (AI) is being rapidly adopted across the facilities management industry and is having a significant impact in many areas of facilities management because it is powerful, adaptable, and cost effective.

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Article | Intelligent Investment

AI: Accelerating innovation in Life Sciences

October 17, 2024

Digital technologies have already changed the way we research, develop, and manufacture medicines as well as impacting how patients and their physicians decide when and how they receive medical treatment.

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Article | Intelligent Investment

How will the implementation of AI impact corporate location strategies?

October 10, 2024

The rapid advancement of AI is prompting companies to rethink site selection and corporate location strategies. Our article examines AI's impact on tech talent demand, the evolution of AI clusters, and future job automation and augmentation trends.

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Article | Intelligent Investment

AI’s role in modern business: An interview with Elin Hauge

October 3, 2024

In the second part of an interview with Jennet Siebrits, Head of UK Research at CBRE, and AI strategist Elin Hauge, Elin offers her crucial advice for business leaders navigating the AI landscape.

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Article | Intelligent Investment

The future of AI and the impact on demand for workspace

September 26, 2024

As artificial intelligence (AI) advances are increasingly integrated across a diverse range of industries, its potential to reshape employment patterns and real estate demand is gaining increasing attention.

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Article

Addressing resource challenges and accessibility through AI in planning

September 24, 2024

The new Labour Government has wasted no time in rewriting the planning rulebook to deliver its growth ambitions, notably seeking to achieve the target for 150,000 new homes a year.

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Article | Intelligent Investment

How AI is being adopted across the care homes sector

September 19, 2024

Care home providers are already leveraging AI and using the pre-emptive technology to reduce falls, monitor vulnerable residents, detect discomfort and pain in non-verbal residents.

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Article | Intelligent Investment

Defining the opportunity: AI in retail

September 19, 2024

New strands of technology such as Artificial Intelligence (AI), Augmented Reality (AR) and Virtual Reality (VR) will provide significant upcoming opportunities for the retail industry.

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Article | Adaptive Spaces

Boosting efficiency: The role of AI in the hotel industry

September 19, 2024

AI provides an opportunity for hotel operators to manage escalating demand while keeping costs low.

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Article

How can AI bridge the gap for real estate investment managers?

September 17, 2024

Traditional artificial intelligence (AI), incorporating expert systems, natural language processing (NLP) and decision trees, is proving to be a helpful tool for use in business, having been established already in some industries.

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Article

Can AI boost liquidity in real estate markets?

September 17, 2024

A significant difficulty for investors in real estate is the illiquidity of property markets relative to other asset types. In times of economic downturn and the unforeseen global events that often drive them, pricing uncertainty can be significant and it can take a long time for markets to re-calibrate.

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Article

Building robust foundations for effective AI in real estate

September 17, 2024

The success of any AI implementation hinges on the robust foundations of data, which fuels everything, from decision-making processes to predictive modelling and beyond. Without a solid foundation of quality data, even the most advanced AI systems would falter.

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Article | Intelligent Investment

Home buying made easy: Can AI really help?

September 11, 2024

On average it takes around 15 weeks to complete a house purchase. However, it can take significantly longer and often up to six months. This reflects the range of conveyancing and mortgage processes needed, which are time consuming and administratively cumbersome.

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Article | Intelligent Investment

Can AI predict societal changes?

September 11, 2024

Identifying societal patterns and changes with AI can enable real estate developers and investors to target projects that meet current and future market demands.

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Article | Intelligent Investment

Artificial Intelligence and real estate market forecasting

September 5, 2024

Forecasting real estate markets is widely considered an art that blends science and expert judgement. With the exponential growth of Artificial Intelligence (AI) capabilities, this blend is poised for transformation.

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Article

AI Insights: An interview with Elin Hauge

September 5, 2024

The simple explanation is that AI is mathematics and computer programmes applied to large amounts of data, including text to interpret, predict, or generate outcomes.

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Article | Evolving Workforces

CBRE's AI journey: Shaping the future of real estate

September 5, 2024

Despite promising applications and benefits, integrating Artificial Intelligence (AI) into the real estate sector presents challenges.

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Article

How can AI be used in research?

August 29, 2024

Nearly 70% of people have used AI in the last year, according to government statistics. While most people use AI for personal use, around a quarter of people use it in a work or study environment.

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Contacts

Jen Siebrits

Head of UK Research

Phone +44 2071822066

Email

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Mike Gedye

TMT Sector Lead, Europe

Phone +44 2071823325

Email
Emily Bastable

Associate Director, Office Research

Phone +44 2071828321 x28321

Email

View Profile

Related Insights

Article | Intelligent Investment

Building effective AI requires solid foundations

October 3, 2024

The success of any AI implementation hinges on the robust foundations of data, which fuels everything, from decision-making processes to predictive modelling and beyond.

Learn More
Article

Sustainable Data Centres: Powering the Future of AI in Europe

October 3, 2024

Discover how sustainable data centres are shaping AI in Europe, emphasizing eco-friendly practices and renewable energy for a greener future.

Learn More
Article | Evolving Workforces

Four impacts AI will have on the Australian office workplace

August 23, 2024

AI is rapidly changing the way humans live and work. These are the biggest impacts it will have on the office workplace.

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Article | Adaptive Spaces

Navigating Data Centres: As demand for AI surges, what does this mean for data centres?

August 22, 2024

Artificial Intelligence (AI) has taken the world by storm. With the introduction of platforms such as OpenAI’s ChatGPT gathering millions of users within a short period, AI is no longer a conversation reserved for computer programmers and data scientists, but is now a front page story for all to enjoy.

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Article | Adaptive Spaces

AI’s Impact on Healthcare Real Estate

August 9, 2024

AI can play a significant role in the delivery of facilities management and project management services within the healthcare industry.

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Report | Adaptive Spaces

AI’s Impact on Australian Office

July 15, 2024

Key Points:

Artificial Intelligence (AI) has gained huge momentum in recent times with the expectation that it will reshape the world as we know it.

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Article | Intelligent Investment

AI's Impact on Hotels

July 15, 2024

Artificial Intelligence (AI) and technology enhancements for hotels promise enhanced customer service, higher margins and expanded research and booking, with improved experiences for guests.

Learn More
Article

Will the emerging role of AI take your job?

June 6, 2024

Artificial Intelligence in business is not new, with many forms of AI and Machine Learning already being widely used. Still the launch of ChatGPT, which reached 100 million active users in two months, has made AI tangible for the consumer. An increase in the personal use and familiarity of AI applications will help accelerate demand for AI in a business context.

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Viewpoint | Adaptive Spaces

Artificial Intelligence and the Future Workplace

April 24, 2024

Technological innovation has profoundly impacted where and how people work.

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