News, views and industry trends
How AI contract review automation transforms efficiency: exploring the benefits
In property management, handling contracts can often feel like a never-ending task. From sifting through dense legal jargon, to ensuring compliance with ever-changing regulations, the process can be both time-consuming and prone to errors. However, t…
Strategic approaches to simplifying contract analysis with AI
AI is transforming how businesses manage contracts by automating time-consuming tasks and boosting efficiency. From reviewing dense legal documents to tracking important deadlines, AI can streamline these processes, allowing you to focus on core resp…
Contract lifecycle management (CLM) and Contract Intelligence: integrating AI for enhanced business efficiency
Contract lifecycle management (CLM) is a time-consuming but essential process, vital for reducing compliance risk, ensuring accurate billing and minimising revenue loss. For many organisations, CLM is a manual process, and requires some specialist le…
Can commercial property be used as residential?
Did you know that the Australian housing market has a deficit of nearly 200,000 homes, unable to meet the current buyer demand? Meanwhile, many commercial spaces remain underutilised as businesses adapt to remote work and changing economic conditions…
How is CRE technology transforming commercial real estate?
The commercial real estate (CRE) sector is undergoing a remarkable transformation driven by technology. Innovative tools are revolutionising how businesses manage properties, engage tenants, and make strategic decisions. From lease automation to pred…
What is Fair Market Value (FMV) of commercial property?
Fair market value (FMV) is a key concept in commercial real estate, representing the price a property would fetch in a competitive and open market. It reflects the value agreed upon by a willing buyer and seller, both acting knowledgeably and without…
Highlights from the Property Council of Australia’s Property Congress 2024
The Property Council of Australia‘s Property Congress 2024 in Townsville brought together industry leaders and policymakers to address the pressing issues facing Australia’s property sector – from demographic shifts and housing affordabil…
Commercial real estate risk management: A strategic approach for investors
Investing in commercial property is a powerful way to build a diversified real estate investment portfolio. Commercial real estate has significant profit potential, but it also carries risks. With the right strategies, you can effectively identify, a…