
1. Technology overview
Basking Automation GmbH is a Berlin-based proptech company led by co-founder and CEO Dr. Eldar Gizzatov since its inception in 2017. It helps corporate real estate teams join contractual lease data with real-world space utilisation, and reports 85,000+ workspaces optimised and 190 million signals analysed monthly across 80+ countries.
The Occupancy module turns existing Wi-Fi, badge and sensor presence signals into one occupancy signal, so offices can be measured without installing new hardware. Dashboards show utilisation, presence, under-used area and cost per occupied square foot across a portfolio, with Smart Cleaning and Instant Insights add-ons. LeaseOps handles lease administration, lease accounting and portfolio reporting, while DocsAI uses a panel of large language models to abstract hundreds of fields from lease PDFs and route low-confidence clauses to human review. Flow automates tasks and approvals. Customers include Allianz, Colliers, Mann+Hummel, PATRIZIA, Qualcomm and Dell Technologies.
2. Highlighted features & specifications
- Sensorless occupancy: Combines Wi-Fi, badge and sensor presence signals into one occupancy signal.
- Portfolio dashboards: Utilisation, presence, under-used area and cost per occupied square foot by site.
- DocsAI lease abstraction: Multi-LLM extraction of lease fields with confidence scoring and human review.
- LeaseOps: Lease administration, lease accounting and portfolio reporting.
- Flow automation: Tasks, approvals and workflow automation for real estate teams.
- Benchmarks and exports: Global occupancy benchmarks, API, SSO and CSV or BI exports.
3. Potential application
A bank with many leased branches in Vietnam can digitise lease contracts and compare rent with actual branch usage. A multinational office in Ho Chi Minh City can measure occupancy from its existing Wi-Fi before deciding whether to give back a floor. A university can use Wi-Fi presence data to plan cleaning and classroom allocation.
4. Benefits
Occupancy is measured from existing Wi-Fi and badge infrastructure, avoiding sensor purchase and installation. Basking states AI lease abstraction accuracy of 90-98% and about 30 minutes per document versus 3-6 hours manually, an 87% time reduction. Linking utilisation with lease terms shows which sites to consolidate before renewal. Indicative pricing of USD 9,000-16,000 per year for a portfolio of about 100 leases is published.
5. Market trends & opportunities
Basking's Q1 2026 benchmark of 212 offices shows four- to five-day visits rising in every region, including APAC, so occupiers are re-planning space with data rather than assumptions. Lease accounting rules such as IFRS 16 also push companies to digitise lease data. Multinationals and large Vietnamese groups with many leased offices and branches face both needs.
6. Other information
Founded in 2017; Basking Automation GmbH, Akazienstrasse 3A, Berlin, Germany (HRB 192741B). Co-founder and CEO: Dr. Eldar Gizzatov, previously founder of FairFleet as Entrepreneur-in-Residence at Allianz X. SOC 2 compliant and GDPR compliant. Customers include Allianz, Colliers, CBRE, PATRIZIA, Qualcomm and Dell Technologies.
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