Exquance released ModelTree version 2.0, an AI-empowered version of its headliner solution for automatic valuation of commercial real estate assets

Helsinki-based real estate technology company Exquance Software released the rebranded and AI- empowered version of its portfolio management and valuation platform. The main software product of the company received a new name, ModelTree, a shiny new look and logo and an embedded AI component, which will allow users to automatically value assets.

Since the first release of its core product back in 2016, Exquance was continuously improving and upgrading it to the needs and expectations of its valued customers. The newest version 2.0 has been released at the change of the year. ModelTree was enhanced with several new powerful features, including AI component, which allows users to make automatic valuation of commercial real estate assets, proposing input values for valuation by searching and analyzing data in the client’s ModelTree database and public data sources.

“AI has been the keyword in real estate in the past years, yet the only workable solutions out there have been for residential real estate. Valuation of commercial real estate, like offices, shopping centers and logistic assets don’t work the same way. With the release of ModelTree AI, we opened the possibility to get AI also to work in commercial real estate valuation” says Markus Asikainen, Founder & CEO of Exquance Software. “With AI, a valuer can get valuation results of an asset or a portfolio, after adding just the basic factual data of the asset to the system. As the AI-valuation is a pure desktop valuation, the valuer can further adjust the valuation parameters and teach the system to become better and more precise with every new valuation”

Exquance helps real estate investors and valuers to speed up the daily analytical calculation processes, take advantage of the data by providing an ultimate platform for real estate analysis and financial modeling. Real estate professionals interested to join over 100 companies across Europe in testing the solution can find out more at https://exquance.com.

About Exquance Software

Since 2012 Exquance Software is automating real estate portfolio management, property valuation and reporting, developing its calculation engine and platform that helps investment management and valuation companies make smarter decisions, improve asset valuation accuracy and speed, save time and figure out new business models in the real estate industry with transparent and collaborative financial modelling software. The company is headquartered in Helsinki with an office also in Frankfurt.

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Exquance Software Oy, CEO Markus Asikainen, markus@exquance.com +358 50 547 8572

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