Introducing new property tech for professionals, plus more headlines

For PropertyGuru’s news roundup, JLL and Slate Asset Management announced a joint venture to commercialize Slate’s best-in-class technology platform for commercial real estate (CRE) professionals. In other stories, a disaster risk assessment report that leverages artificial intelligence (AI) and geospatial data reveals Cambodia’s climate risks. Lastly, state lawyers initiate a thorough inventory of assets of shuttered Philippine overseas gaming operators (POGOs).
JLL and Slate Asset Management announce technology joint venture to tackle data challenges for real estate investors
JLL and Slate Asset Management (Slate) announced a joint venture to commercialize Slate’s best-in-class technology platform for commercial real estate (CRE) professionals. The result is JLL Asset Beacon, a software-as-a-service (SaaS) technology platform that integrates data across asset management functions to create a real-time, end-to-end view of performance—whether it’s a single asset, fund, or the entire portfolio. JLL Asset Beacon provides CRE professionals with accurate, integrated data to make informed decisions faster, optimize portfolio performance, mitigate risks, and identify opportunities for value creation. According to JLL, this private and secure hub captures all financial, operational, and leasing data and documents to provide a single source of truth with robust and customizable data visualization and reporting capabilities.
AI-powered report highlights Cambodia’s climate risks and economic impacts
Around 15 percent of Cambodia’s total population and 16 percent of its agricultural land are at risk of flooding, while by 2050, climate change could reduce the country’s gross domestic product (GDP) by approximately 3 percent to 9.4 percent, according to a disaster risk assessment report, leveraging artificial intelligence (AI) and geospatial data. As mentioned in The Phnom Penh Post, the National Committee for Disaster Management (NCDM) and the UN World Food Programme (WFP) unveiled their report on 6th December. This marks the first use of AI and geospatial data to assess and analyse disaster risks in the country, providing detailed insights into flood and drought risks using data collected since 2001. Experts at the launch highlighted that traditional risk assessment methods are no longer sufficient to manage disasters or address increasingly severe climate change impacts.
Philippine SolGen to start ‘massive’ post-POGO exit tasks
State lawyers will initiate a thorough inventory of assets of shuttered Philippine overseas gaming operators (POGOs) after the deadline set by President Ferdinand R. Marcos Jr. for a ban on the industry lapsed at the end of 2024, the Office of the Solicitor General (OSG) said in PNA. “The OSG’s massive post-POGO tasks will consist of cancelling all certificates of birth fraudulently acquired by aliens/foreign nationals and forfeiting their illegally acquired real properties and other assets in the Philippines,” Solicitor General Menardo Guevarra said in a message to reporters. He said they are yet to estimate the scale of the value of assets involved, which may include vast swaths of real estate outside the capital. “At this time, we have no definite figures on the aggregate value of these assets. The first order of the day is to take possession of and control over them,” Guevarra said.
The Property Report editors wrote this article. For more information, email: [email protected].
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