Survey: Institutional Real Estate Has AI Readiness Problem

By its own reckoning, institutional real estate has an artificial intelligence readiness problem. The industry rates its own AI maturity at 5.7/10, data quality at 6.2/10 and governance readiness for AI at just 5.1/10, according to a survey conducted by the National Association of Real Estate Investment Managers (NAREIM) and Juniper Square. Among the 38...