Spark Notes – March 30, 2023

Spark Notes – March 30, 2023

Despite the recent banking issues, our portfolio companies are in good financial standings and business is moving in the right direction. Check out our latest updates and insights at the close of Q1 2023.


PORTFOLIO COMPANY UPDATES
What’s new with our startups

The 26 Hottest PropTech Startups of 2023, According to Venture Capitalists
Congratulations to our portfolio companies Dealpath and Juno for being named on this list!
 
Do You Have a True Understanding of Your Workplace?
VergeSense on the importance of understanding a workplace before making critical decisions around portfolio and space optimization.


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

Shared Studios Announces an Investment from JLL Spark to Help Make Distance Irrelevant
The investment will enable our newest portfolio company to produce a digital conferencing solution for corporate offices and businesses.


IN THE PRESS
Insights in the media from JLL

Move Fast and Break Things
Ryan Severino, Senior Director of JLL Research, shares his insights on the recent banking issues as they relate to CRE.
 
Revamping Green Leases is Critical to Decarbonising
JLL’s new report: Green Leasing 2.0 to deliver shared ESG value for owners and occupiers.


PROPTECH EVENTS
Connect with our team at the following events

RETCON 2023
New York, NY | April 2-4, 2023
Laurent Grill, Daniel Correa, and Javier Araujo O’Neill will attend.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Proptech’s Hot Take on SVB’s Bank-Run-and-Done Shocker
commercialobserver.com | March 17, 2023
 
Gen Z is Coming for the Housing Market
businessinsider.com | March 21, 2023
 
Commercial Property Debt Creates More Bank Worries
wsj.com | March 21, 2023
 
The Metaverse is Quickly Turning into the Meh-taverse
wsj.com | March 29, 2023
 



Spark Notes – March 16, 2023

Spark Notes – March 16, 2023

Our investment in Re-Leased equips JLL clients with the latest technology, increasing efficiency and productivity to business processes. Carolyn Trickett, JLL Spark Growth Principal based in the APAC region, works closely with Tom Wallace, Founder and CEO of Re-Leased, and shares his story of developing a platform to ease the pain points of commercial real estate property management. 
 
Learn more about his journey as an entrepreneur in our Founder Profile: Tom Wallace of Re-Leased


PORTFOLIO COMPANY UPDATES
What’s new with our startups

The Beck Group Partners with ALICE Technologies to Expedite Project Delivery and Reduce Risk
ALICE’s construction optioneering platform will be used for capital projects at the Dallas-based architecture and construction firm.


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

Acreto Security Announces Investment Partnership with JLL Spark
Our newest portfolio company delivers superior levels of cybersecurity protection for buildings and PropTech.


IN THE PRESS
Insights in the media from JLL

JLL Climbs Barron’s Most Sustainable Companies List
The recognition highlights JLL’s sustainability investments as part of its strong ESG efforts.


PROPTECH EVENTS
Connect with our team at the following events

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.
 
BuiltWorlds 2023 Venture West Conference
San Francisco, CA | March 21-22, 2023
Ajey Kaushal will speak on the panel Real Estate Tech: Will ConTech & PropTech Converge?

UKPA Debate: Should PropTechs provide greater support to property companies to help with implementation? Or should property companies be better prepared?
London, England | March 29, 2023
Andre Bothma participates on Team 2 of the debate.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

What is Generative AI and How Does it Factor into the World of PropTech?
goproptech.com | March 7, 2023
 
Six New Imperatives for Real Estate Players
mckinsey.com | March 7, 2023
 
Is the Metaverse Dead Before it Arrived?
globest.com | March 8, 2023
 
Podcast: CREtech CEO Michael Beckerman on Why Much of the Pain in Startup World is Healthy
bisnow.com | March 12, 2023
 
BofA Gets More than $15 Billion in Deposits after SVB Fails
bloomberg.com | March 14, 2023
 
Proptech VCs and Startup Founders Already Struggling from the Housing-Market Downturn are Now Reeling from the SVB Collapse
businessinsider.com | March 15, 2023



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