AI-powered software for lease abstraction – a Buyer’s Guide

The business case for AI-powered lease abstraction in commercial real estate

Today’s property managers and real estate departments face the challenges of balancing occupancy, managing revenues and costs and mitigating their risks to maximise portfolio performance. To accomplish these goals, businesses must successfully manage the document that sits at the core of the tenant/landlord relationship: the lease.

The data contained in real estate leases plays a critical role in helping tenants and landlords at both the operational and strategic levels of their organisations. Lease abstraction is commonly used to extract essential information, such as key terms and clauses, and make it more accessible for decision-making, but the traditional process requires manual work and takes time away from business-critical tasks.

The value of Lease Intelligence

• Unlocks valuable data: AI enables access to critical lease data, empowering landlords to boost growth and revenue, and helping tenants manage costs more effectively.
• Guidance on provider selection: The guide offers insights into the benefits of AI-powered lease abstraction and how to choose the right provider for your needs.
• AI enhances lease abstraction: Artificial Intelligence streamlines the lease abstraction process by addressing common challenges and inefficiencies.