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Announced

JLL to acquire Skyline AI.

Synopsis

JLL, a professional services firm that specializes in real estate and investment management, agreed to acquire Skyline AI, an artificial intelligence technology company transforming real estate by using a proprietary ensemble of machine learning models. Financial terms were not disclosed. "This acquisition demonstrates the value and synergies of JLL Spark, as we invest in innovative proptech companies and leverage the resources of JLL to accelerate their growth. Our teams consist of knowledgeable real estate experts and world-class technologists who successfully bring new AI offerings like Skyline AI into the fold and provide the best insights to our clients, accelerating JLL's leadership in CRE technology," Yishai Lerner, JLL Co-CEO.

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