JLL and Slate Asset Management announced on November 19, 2024, a joint venture to commercialize Slate's technology platform, resulting in JLL Asset Beacon. This software-as-a-service (SaaS) platform integrates data across asset management functions to provide a real-time, end-to-end view of property performance.
JLL Asset Beacon aims to provide commercial real estate professionals with accurate, integrated data to make informed decisions faster, optimize portfolio performance, and mitigate risks. The platform captures financial, operational, and leasing data to create a single source of truth with customizable reporting.
JLL's generative AI capabilities, powered by the JLL Falcon platform, will be integrated into JLL Asset Beacon, enabling users to unlock AI-generated insights from their proprietary data. This strategic partnership is expected to give real estate professionals a competitive edge through enhanced data insights and transparency.
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