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Case study · JLL

JLL

“JLL Paves the Future with its First AI-Powered Corporate Real Estate Agent”

Introduction/Context

Introduction

Jones Lang LaSalle (JLL), as the world's premier real estate services company, has a legacy of merging innovation with real estate solutions, offering unparalleled services to its global clientele.

Challenge

Challenge

The relocation of a company's office is not just about moving desks and chairs; it's an intricate process that impacts business operations, employee morale, and the company's bottom line. Traditional real estate agents often grapple with the herculean task of quantifying the multifaceted benefits and potential pitfalls of such a transition.

Solution

Solution

In a bold move to redefine real estate solutions, JLL collaborated with Digital Dandelion to develop an AI-driven real estate agent. This revolutionary agent not only suggests optimal office spaces tailored to a company's unique requirements but also explains and justifies the reasons behind every suggestion. By providing insights into prospective clients, essential suppliers, and gauging the anticipated impact on employee well-being, the AI agent offers a holistic and quantifiable view of the relocation process.

Implementation/Execution

Implementation

Digital Dandelion embarked on an extensive data curation journey, consolidating comprehensive data on all companies in London. This included intricate company profiles, area analyses, and financial metrics, painting a detailed tapestry of the real estate landscape. Through rigorous training, the AI was honed to adeptly predict company relocations. Furthermore, a model interpreter shed light on the factors making specific areas or buildings more appealing. To assist real estate agents further, an immersive 3D interactive map interface was developed, enhancing the decision-making process.

Results/Outcomes

Results

When pitted against JLL's top-tier real estate agents, the AI showcased unmatched prowess, consistently outperforming in predicting clients' next office locations. The AI's capability to articulate the tangible and intangible benefits of office relocations became an indispensable asset during contract negotiations.

Conclusion/Summary

Conclusion

JLL's venture into AI-driven real estate solutions, in partnership with Digital Dandelion, signifies a monumental leap in the real estate industry. By harnessing the power of AI, JLL is not only optimising corporate relocations but also setting a gold standard for the future of corporate real estate.

Client Quote

“Digital Dandelion has transformed the way we approach real estate solutions. Their AI-driven agent is not just a tool; it's the future of real estate.”

Tom B, Senior Executive, JLL
JLL case study

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