“AI is the next big development in real estate”.
Experts from TECNALIA, Veltis Rating, Grupo Tecnitasa Group and Grupo Lar explain the keys to controlling real estate risk in investment and financing, highlighting artificial intelligence (AI) and smart data
Last Tuesday, 9 April, Grupo Lar, Veltis Rating, Grupo Tecnitasa and TECNALIA held a meeting in Madrid called “How to control real-estate risk in investment and financing”. This event focused on AI and smart data to mitigate risks in real estate.
According to Ricardo Antuña García, CEO of Veltis Rating, one of TECNALIA’s invested companies, “AI is the next big development in real estate. It offers such a significant competitive advantage that companies that do not adopt this technology in this decade will find themselves at a disadvantage and could be left behind”.
The current situation means that real estate stakeholders need to understand and gauge the risks of all the investment transactions they carry out, and the impact of these risks on real estate assets.
The meeting also had several partners: AEB (Spanish Banking Association), Clúster Madrid Capital Fintech (MAD FinTech), Association of Developers and Builders of Spain (APCE), Spanish Confederation of Savings Banks (CECA), Economic Forecast Centre (CEPREDE), Kutxabank, doValue and Mapfre.
Climate Risks and Their Impact on Banking
Efrén Feliu Torres, Climate Change Adaptation Manager at TECNALIA, moderated one of the round tables. Finance experts explored climate risks and their impact on banking: AEB (Spanish Banking Association), the Spanish Confederation of Savings Banks (CECA) and Kutxabank.
Further information
- Press Release: “Controlling Real Estate Risk in Investment and Financing”
