News, views and industry trends
Choosing the right AI tools for your real estate scenarios
It’s time to take the next step in your AI journey: choosing which AI technologies are the best fit for your unique scenarios. In our previous blog posts, we discussed ways to prepare your data for AI and how to define the real estate scenarios where…
Real world AI: Eight PropTech scenarios transforming real estate
Artificial intelligence (AI) for the real estate industry is here to stay, offering innovative solutions to longstanding challenges. For technology leaders, it’s critical to understand how the practical applications of AI can help leverage its potent…
Technology in commercial lease management: A strategic advantage for investors
Commercial lease management has always been a complex process, juggling tenant relationships, contract terms, compliance requirements and financial performance across multiple properties. Investors and property owners need to be proactive, agile and …
Top benefits of a commercial building automation system for businesses
Managing a commercial building involves balancing efficiency, security and tenant comfort. A building automation system (BAS) streamlines this process by integrating HVAC, lighting, security and other essential systems. However, understanding buildin…
Real estate’s AI crossroads: lead or be left behind
Comment by Taya Lau, Strategic Account Manager for Commercial Property, MRI Software. MRI Software’s recent Tech, Data and AI Forum highlighted the transformative impact of AI, data, and client-centricity in real estate. Industry leaders convened to …
Commercial flex space vs traditional lease: What landlords need to know
Commercial landlords are adapting to evolving tenant demands, particularly as businesses seek more flexible leasing options. Traditional long-term leases provide stability, but the rise of commercial flex spaces offers agility and short-term commitme…
Lease vs licences: What’s the difference?
Understanding the differences between a lease and a licence is essential for commercial landlords. While both agreements allow another party to occupy or use a property, they have distinct legal, financial and operational implications. A lease provid…
How to account for operating leases
Accurate lease accounting is essential for commercial property managers. Operating leases impact financial reporting, cash flow management and compliance with international accounting standards. The introduction of IFRS 16 has changed how these lease…