Cushman & Wakefield Japan offers 3D virtual tours of properties


Matterport showcase

Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan.

Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan.

Matterport showcase

Showcase of a 3D real estate introduction made by Cushman & Wakefield in Japan.

Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan.

Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan.

TOKYO, Sep 08, 2021 (GLOBE NEWSWIRE) – Cushman & Wakefield Japan introduced Matterport’s 3D virtualization tool to provide first-class real estate appraisal and enhanced real estate marketing services. The use of this virtualization tool stems from a global agreement that Cushman & Wakefield signed with Matterport, Inc. (Nasdaq: MTTR) last year, which enabled the company to offer its customers a key solution. in hand to digitize commercial properties in 3D across its entire footprint.

Matterport’s AI-driven visualization technology scans an existing space and reproduces it digitally. This ‘digital twin’ is a versatile asset in the commercial real estate industry, including providing virtual tours of properties with detailed floor plans and a ‘dollhouse view’, which offers potential buyers and tenants a dimensionally accurate and immersive view in a space. According to Matterport, 3D virtual tours increase audience engagement by over 300% compared to 2D images. Technology helps make more informed decisions by providing a multidimensional view of the site, enabling more efficient property inspection and asset marketing.

Cushman & Wakefield’s leasing management services in Japan offer the Matterport 3D virtual experience in all of its retained properties. Thanks to Matterport, the project management team is also now able to help clients track the progress of their projects and access the digital twin online from anywhere and anytime, regardless of public property or location. Matterport is a true virtual solution and enables Cushman & Wakefield to provide property inspections that keep clients and professionals safe during this unprecedented pandemic, eliminating the need to be physically present in space. For this reason, Cushman & Wakefield is also able to offer additional benefits to clients, such as reduced travel and fewer visits to a property, producing overall time and cost savings that will remain relevant beyond the pandemic.

Howard xiao, Japan Country Manager at Matterport, commented, “The commercial real estate industry in Japan is one of the most competitive, so companies must constantly differentiate themselves to gain clients. Matterport’s technology empowers agents to gain an edge through authentic, immersive and navigable 3D experiences. By leveraging the powerful technology and knowledge of Matterport, Cushman & Wakefield is positioning itself at the forefront of the industry’s ongoing transformation, which harnesses technology to foster deeper engagement, analysis and understanding of listings. . Increasingly, clients are turning to Matterport to capture their real estate portfolios due to the significant additional benefits being realized. We are delighted to have been selected by Cushman & Wakefield Japan for all of their rental management mandates.

Keiji Kato, Senior Director, Head of Leasing Advisory Group, Japan, Cushman & Wakefield, said: “We first got to know the Matterport platform when we were exploring the best way to introduce rental properties during the pandemic. Matterport enables us to perform high quality virtual tours for our clients through its ability to produce a highly photorealistic digital replica of actual physical space. We have now introduced this service to all the properties we rent and manage and it has proven to be very effective in differentiating us from our competition. We believe that virtual tours will remain necessary even after the pandemic, and we will continue to use this platform as one of our main real estate marketing tools. “

Cushman & Wakefield continues to identify and collaborate with strategic partners to deliver innovative tools that generate deep insight and create value for our clients and has entered into strategic partnerships on its global platform with a variety of organizations. of innovative real estate technology.

Showcase of an introduction to real estate in 3D made by Cushman & Wakefield in Japan: https://www.globenewswire.com/NewsRoom/AttachmentNg/6757cfd7-be49-4e4c-8f39-070720cffe3a

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b8a3bbb-4bb1-4a28-a109-debd02ddea62

(KDX-Turnkey office)

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services company delivering exceptional value to real estate occupants and owners. Cushman & Wakefield is one of the world’s largest real estate services companies with approximately 50,000 employees in more than 400 offices and 60 countries. In 2020, the company achieved sales of $ 7.8 billion in key property management, facilities and projects, leasing, capital markets, appraisal and other services. . To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our revolutionary spatial data platform turns buildings into data to make spaces more valuable and accessible. Millions of buildings in more than 150 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle, from planning, construction and operations to documentation, evaluation and marketing. Learn more about Matterport.com and browse our digital twins gallery.

Connect with Matterport on Facebook, Twitter, LinkedIn and Instagram.

Forward-looking statements

This document contains certain forward-looking statements within the meaning of federal securities laws, including statements regarding the benefits of the business combination, the services offered by Matterport, Inc. (“Matterport”) And the markets in which Matterport operates, business strategies, debt levels, industry environment, potential growth opportunities, the effects of regulations and Matterport’s projected future results. These forward-looking statements are generally identified by the words “believe”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “anticipate”. “,” Opportunity, “” plan “,” may “,” should “,” will “,” would “,” will “,” continue “,” will probably result “and similar expressions (including negative versions of these words or expressions).

Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. There are many factors that could cause actual future events to differ materially from the forward-looking statements contained herein, including Matterport’s ability to implement business plans, forecasts and other expectations in the industry in which Matterport operates. in competition, and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Matterport from time to time with the United States Securities and Exchange Commission. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Matterport assumes no obligation and, except as required by law, does not intend to update or revise such forward-looking statements, that whether as a result of new information, future events, or otherwise. Matterport gives no assurance that it will meet its expectations.

MEDIA CONTACT

Yuko okayasu
Marketing & Communication Manager, Japan
+81 33596 7045
yuko.okayasu@cushwake.com


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