Bengaluru: American property assessor Jones Lang LaSalle (JLL) opened a technology centre for real estate in this tech hub, the company said on Wednesday.
“The facility is focused on harnessing emerging technologies and developing new solutions in the real estate industry,” said Chicago-based JLL in a statement.
The tech centre is the only of its kind for the real estate firm in 80 countries where it has presence, including India, China, the US and UK.
Located in the city centre, the 20,000 sq.ft. centre employs 170 experts providing data, engineering and tech support to JLL globally, the statement said.
“The centre will drive innovation in the commercial real estate industry, including experimenting with data, technology design, Artificial Intelligence (AI), augmented reality (AR) and virtual reality (VR),” it added.
With the use of technologies such as AR and VR, the facility allows virtual viewing of properties the world over, a company spokesperson said.
The company, however, did not disclose the investment made in the tech centre.
“The real estate industry is faced with opportunity for digitisation and technology and data will change the way we do business,” the Chief Executive for JLL Asia Pacific Anthony Couse said in the statement.