Institutional real estate investment management is adapting to a new reality. Powerful artificial intelligence (AI) tools are now accessible to everyone and are beginning to transform the way we work. However, adoption rates in real estate are highly uneven. In some areas, AI tools are being used to drive efficiencies, but broader, strategic deployment is limited.

This is a missed opportunity, especially because AI is improving at such a rapid rate. In spring 2025, we gained our first glimpse of deep reasoning models and AI agents in action, and a whole new world of possibilities opened up.

This article maps the current landscape, showcases proven applications and argues lasting value will come not from technology alone but from cultural and organizational change. Leaders must build adaptive organizations that experiment, learn and evolve.

Where AI is already working

Tangible progress is being made in specific areas. There are success sto