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Munich-based GIEAG Immobilien AG, a nationwide project developer specializing in project development and portfolio management in the office, residential and light industrial asset classes, has been successfully using Acquirepad's Exposé Reader AI for several months.
This automates incoming real estate offers, noticeably relieves the investment team and modernizes the acquisition process.
"As an agile and innovative company with a focus on quality and efficiency, we use Acquirepad's solutions to reduce the manual effort involved in the acquisition process," says Benjamin Johansson, CEO of GIEAG Immobilien AG. "This allows our investment managers to focus even more specifically on transactions with high potential."
The Exposé Reader AI automatically reads real estate exposés, compares them with internal purchase profiles, checks previous knowledge, stores the data in a deal database and, also with the help of AI, provides a purchase price estimate including sources. The previous processing time per object is significantly reduced. In addition, the system generates reports on the deal pipeline and enables structured allocation within the investment team.
"The manual entry of offers cost us time and focus on a daily basis. With the Exposé Reader AI, this now runs fully automatically – a real productivity booster that frees me up to concentrate on value-adding investment decisions. A must-have for every investment manager," comments investment manager Mirko Langner.
"We are very pleased to work with a renowned partner like GIEAG Immobilien AG and to be part of the digitization strategy," says Frederik Raspé, CEO of Acquirepad.
