Spark Notes – March 2, 2023

Spark Notes – March 2, 2023

This week we take a deeper look into a startup with a mission to help companies adapt to their future of work. HqO is an innovative solution for our clients to create an engaging workplace for employees while generating valuable data for decision-makers. Learn more in our latest blog post from Eddie Carroll, Growth Principal at JLL Spark.

Unlocking the Future of Work: Building an Engaging Workplace with HqO


PORTFOLIO COMPANY UPDATES
What’s new with our startups

The State of the Workplace 2023
Download HqO’s latest report on trending amenities, features, and technologies for the workplace experience.


INVESTMENT ACTIVITY
New partnerships or follow-ons with our existing portfolio

A WeWork Rival from Scotland: Desana Grabs $7.4M Funding to Expand to the US
JLL Spark co-led the round with PropTech1, investing in the flexible coworking platform.


IN THE PRESS
Insights in the media from JLL

British Property Federation Calls for Data-Sharing and Regulatory Certainty to Accelerate the Decarbonisation of the Property Industry
JLL and the BPF release a report identifying the key challenges for real estate to reach net zero.
 
21 Top Real Estate Venture Capital Firms 2023
JLL Spark is recognized on this list of venture capital investors in high demand.
 
Jones Lang LaSalle: From a Spark to a Catalyst
PropTech investing positions JLL as a market leader. 


PROPTECH EVENTS
Connect with our team at the following events

New York Build Expo
New York, New York | March 8-9, 2023
Daniel Correa and Javier Araujo O’Neill are attending.

MIPIM
Cannes, France | March 14-17, 2023
Andre Bothma, Arnaud Bouzinac, and Sean Wright are attending.

GCVI Summit
Monterey, CA | March 15-16, 2023
Laurent Grill, Raj, Singh, and Kitty Sullivan are attending.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Companies Are Slow to Adopt Robot-Operated ‘Dark’ Warehouses
wsj.com | February 17, 2023
 
Office Landlord Defaults Are Escalating as Lenders Brace for More Distress
wsj.com | February 21, 2023
 
How Hybrid Work is Changing Offices of the Future
wsj.com | February 22, 2023
 
Israel’s PropTech Scene Turns Toward International Expansion
commercialobserver.com | February 27, 2023
 
As Americans Work From Home, Europeans and Asians Head Back to the Office
wsj.com | February 28, 2023



Jones Lang LaSalle: From A Spark To A Catalyst

Jones Lang LaSalle (NYSE:JLL), or JLL, is a provider of professional services in the real estate industry. The company has no single mode of expertise, and instead provides a range of services including brokerage, property & facility management, advising & consulting, development, and investment management. 

Spark Notes – February 16, 2023

Spark Notes – February 16, 2023

As companies learn the pros and cons of a remote or hybrid workforce, many of the common challenges can be resolved with a customized tech stack to enable team synergy. JLL Spark Partner Laurent Grill shares his experience and key insights on the importance of creating an environment that fosters a strong company culture and the technology to support team connections in a dispersed set of employees. Read more in our latest blog post:
 
The Future of Company Culture


PORTFOLIO COMPANY UPDATES
What’s new with our startups

Build in Digital’s Top 50 ConTech Partners
Alice is on this list of top construction technology firms in the built environment.
 
The New Real Estate Game: A Future-Ready Framework for CRE Investment
Dealpath Co-founder and CEO Mike Sroka shares insight on how data is helping major companies with their real estate decisions.
 
Miami and PropTech: Why More Firms Are Considering the Magic City
LandTech is featured in the article on Miami’s PropTech ecosystem.


IN THE PRESS
Insights in the media from JLL

Leading PropTech Investors From JLL Spark and PSP Growth Join CRETI Venture Board
JLL Spark Investment Principal Kitty Sullivan is elected to the board of directors.
 
China’s Messy Property Market Shows Promise for Foreign Investors
Managing Partner Raj Singh highlights JLL Spark’s interest in partnering with PropTech in China.
 
PropTech Fundraising Accelerates in Asia-Pacific Region on Rising Demand for Decarbonisation in Real Estate Industry
Chris Pu, Managing Partner of JLL Spark China Ventures, is quoted on rapid growth of China’s tech startup scene.


PROPTECH EVENTS
Connect with our team at the following events

Alleycon
New York, New York | February 17, 2023
Laurent Grill is speaking; Daniel Correa and Javier Araujo O’Neill are attending.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Generative AI is Building the Foundation of PropTech’s Next Wave
techcrunch.com | February 7, 2023
 
PropTech Seed Rounds Shift in Frequency and Amount
commercialobserver.com | February 7, 2023
 
Loans Coming Due, Lease Expirations Spell Trouble for Office Market: Report
commercialobserver.com | February 9, 2023



Spark Notes – February 2, 2023

Spark Notes – February 2, 2023

The way we work has a new look. There are many factors to this evolution causing companies to identify the best balance of in-person, hybrid, or remote workers and the technology to enable optimal operations. Tanguy Quero, JLL Spark’s Investment Principal based in Paris, addresses the most common challenges and shares his insights on solutions designed to ease our new way of work.
 
Tech for the Future of Work: Thinking Inside the Boxes


PORTFOLIO COMPANY UPDATES
What’s new with our startups

Re-Leased Appoints a Global Chief Revenue Officer to Spearhead Ambitious Growth Plans
The commercial property management platform anticipates growth in key international markets, software enhancements, and a series of new products and partnerships.
 
BuiltWorlds 2022 Top Deals 50 List
Veev earns the top spot on this list of the largest venture deals, funds raised, and acquisitions in the built world.
 
OpenSpace Wins an Award at the Emaar Innovation Challenge
Our startup is recognized in the “Customer experience/smart & healthy buildings” category. Congratulations OpenSpace!


IN THE PRESS
Insights in the media from JLL

‘A CRE Revolution’ Coming as Federal Investment Sends CRE on Green Hiring Spree
JLL’s Josephine Tucker, Managing Director of Clean Energy and Infrastructure, and other sustainability focused real estate professionals share their perspectives on the demand for specialized talent.


PROPTECH EVENTS
Connect with our team at the following events

IOT Solutions World Congress
Barcelona, Spain | January 31 – February 2, 2023
Andre Bothma is attending.
 
IMN’s ESG & Decarbonizing Real Estate Forum
Nashville, Tennessee | February 7-8, 2023
Raj Singh is moderating the panel “Using Technology to Build and Enhance Your ESG Strategy,” featuring Juno, Veev, and Prelude Ventures.
 
London PropTech Show
London, UK | February 15-16, 2023
Tanguy Quero is attending.
 
Alleycon
New York, New York | February 17, 2023
Daniel Correa and Javier Araujo O’Neill attending.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Landlords to Be Hit By $200MM in LL97 Fines Next Year, Study Estimates
bisnow.com | January 19, 2023
 
Layoffs are a Nail in the Coffin for Whatever the Metaverse is
businessinsider.com | January 23, 2023
 
The Job Market for Remote Workers is Shrinking
wsj.com | January 24, 2023
 
Big Tech is in Big-Layoff Mode, but PropTech Might Not Be and Here’s Why
globest.com | January 30, 2023
 
How Can Real Estate Data Leadership Prepare Firms for the 2023 Big Data and AI Inflection Point?
proptechconnect.com | January 31, 2023