Jones Lang LaSalle Incorporated (JLL) announced JLL Property Assistant, the artificial intelligence (AI) assistant designed for real estate owners spanning retail, industrial and office properties. Leveraging the power of JLL Falcon, the industry's first comprehensive AI platform, JLL Property Assistant offers actionable insights and AI-derived recommendations to optimize property performance. JLL Property Assistant is designed to deliver AI-powered recommendations for how property teams can improve performance in areas ranging from operations to tenant sentiment.
The tool works with Acumen, JLL's property and business intelligence platform that integrates data from key systems, including financial data from accounting applications like Yardi and MRI, operational data from Prism by Building Engines, and other critical proptech functions. Through a natural language chat interface, property and asset managers can ask freeform questions about their buildings, such as, " Which retail assets have the highest vacancy risks in Third Quarter?" or "What does net operating income (NOI) look like year-to-date?" The AI solution quickly delivers answers, drawing information from JLL's enterprise data warehouse. Specific benefits of JLL Property Assistant include: Faster, data-driven decision making: generate tenancy reports, auto-generate stacking plans, analyze expense trends, and uncover tenant retention and occupancy insights.
Enhanced operational efficiency: review high-priority task statuses, identify tenant satisfaction issues, and analyze work order trends. Greater profitability and financial health: access operational budget breakdowns, receive vacancy filling recommendations, and easily generate finance reports. JLL Property Assistant adheres to enterprise-grade security protocols, ensuring client data protection while at the same time leveraging JLL's anonymized global benchmarks.
