The investment thesis is clear: enterprises need technology that answers critical questions such as whether to renew leases, how to right-size spaces, and how to balance cost optimization with user experience. Through a solid partnership between JLL Spark, VergeSense, and JLL’s partnership and account teams, we have been able to successfully deliver these outcomes to many clients.
Our recent investment in Acelab reiterates JLL’s commitment to tech-enabling our core business functions and represents a strategic leap forward in enhancing one of our critical processes: material discovery and procurement. Acelab’s Material Hub, an all-in-one materials management platform, enhances efficiency for architects and designers in JLL’s PDS group, providing superior quality control and economic advantage, in addition to supporting sustainability objectives.
Persistent challenges facing the construction technology industry boil down to three critical issues: inefficient communication among project stakeholders, siloed systems and processes, and poorly adapted technology ecosystems. The result? Unnecessary manual work, added complexity, and ultimately, project delays and cost overruns. In this post, we showcase how a strategic partnership between JLL Spark, our portfolio company INGENIOUS.BUILD, and JLL’s Project and Development Services (PDS) team
In 2023, JLL Spark invested in Noro’s portal technology to bring cutting edge collaborative tools to modern workplaces. Today, our relationship with Noro has grown to include a use case for our own employees at JLL. Growth Principal Arnaud Bouzinac shares an update on our portfolio company’s growth in our latest blog post.
Corporate real estate management, encompassing the oversight of an enterprise’s physical locations worldwide, is undergoing a major shift. The pressure to manage real estate portfolios and workplaces in a more agile and cost-effective manner, without sacrificing user experience, is driving this change. Ever since the outbreak of COVID-19, leaders in the sector face the challenge of balancing these opposing demands, as offices are pressured more than ever to become centers of value creation, supporting growth, revenue, and talent acquisition. Technology plays a critical role in enabling this new paradigm.
Our previous post on construction technology, aka ConTech, dissected the many challenges faced today by the industry, from labor shortages, to cost over runs and delays. What is the secret sauce to overcome these challenges? The simple answer: coordination…and how to enhance it.
In the world of commercial real estate (CRE), smart buildings have become essential for enterprises.
For office workers, hybrid is no fad, but a widely accepted fact of life, with only a few exceptions. To attract and retain talent, and to provide a ‘modern’ workplace experience with maximum productivity, we think that employers will progressively break away from the binary system of either work from home, or from the office.
While the fundamental drivers of investment and adoption are similar everywhere, in this post we would like to offer a comparative analysis of how PropTech capital is deployed in Europe and the United States.
It’s been said many times, but the number is too stark to ignore: real estate is responsible for over 40% of global carbon emissions annually, resulting from building operations as well as embedded carbon from construction and materials.
