Venture capital funds, such as Fifth Wall, Undivided Ventures and JLL Spark, are betting on the growth of property technology in the Asia-Pacific region
New York, NY — The Center for Real Estate Technology & Innovation (creti.org) today announced Kitty Sullivan, Principal at JLLSpark, and Momei Qu, Managing Director and Partner at PSP Growth, have been elected to the CRETI venture capital board of directors.
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
To learn more about JLL Spark, visit our website or email us at contact@spark.jll.com.
Interested in potential investment from JLL Spark? Apply here.
How and where we work has permanently changed. To help adapt their operations, companies can tap into a flourishing number of workplace and technology solutions.
JLL Spark China Ventures is on a mission is to deliver real estate solutions to JLL China and its clients by partnering with local startups. Read more about how we are applying our expertise as venture capitalists and real estate specialists to build a PropTech ecosystem in the region:
PropTech to Enable CRE Innovation in China
PORTFOLIO COMPANY UPDATES
What’s new with our startups
Built In’s 2023 Best Places to Work
Congratulations to Dealpath for being recognized as one of San Francisco’s best startups to work for!
IN THE PRESS
Insights in the media from JLL
Blueprint 2023 Predictions
Raj Singh shares his PropTech predictions as part of an influential group of industry investors and startups.
Building a Greener Future Begins with Buildings
Ramya Ravichandar, VP of sustainability products at JLL Technologies, discusses the opportunities for companies to meet sustainability targets.
PROPTECH EVENTS
Connect with our team at the following events
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”
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing
Air Quality and the Future of Work: Why IAQ Matters So Much to Employees
Infogrid’s research reveals that most employees are concerned that poor indoor air quality (IAQ) is affecting their health.
Meet the Guy Whose Algorithm Can Solve the Crisis for America’s Empty Office Space
businessinsider.com | January 8, 2023
ConTech Trends to Watch in 2023
proptechconnect.com | January 11, 2023
So Much FinTech M&A
techcrunch.com | January 15, 2023
PropTech VCs and Principals Swoon Over Multifamily’s Predictability
commercialobserver.com | January 17, 2023
Metaverse Landlords Are Creating a New Class System
wired.com | January 18, 2023
To learn more about JLL Spark, visit our website or email us at contact@spark.jll.com.
Interested in potential investment from JLL Spark? Apply here.
The new JLL Spark China Ventures RMB Fund will focus on this market and invest in PropTech startups to enable tech innovation for JLL and our clients in China.
Last year, the commercial real estate industry saw trends in adopting technology for sustainability and remote or hybrid work to meet the demands of net zero goals and employee experience. Will this momentum continue in 2023 or will new challenges arise in the wake of market conditions? Read our forecast in our latest blog post:
2023 PropTech Predictions from the JLL Spark Team
PORTFOLIO COMPANY UPDATES
What’s new with our startups
Jones, a liability management solution for commercial real estate companies, now offers scheduled email reports sent directly to owners, managers, and developers.
Attend a webinar on February 2, 2023, at 2:00 p.m. EST to learn more about Jones’ reporting capabilities. Click here to register.
INVESTMENT ACTIVITY
New partnerships or follow-ons with our existing portfolio
NYCEDC PropTech Piloting Program
The City of New York and JLL Technologies launched the program to benefit New York City-owned and -managed assets.
Click here to complete the Call for Interest Form.
IN THE PRESS
Insights in the media from JLL
CRETI 2022 PropTech VC Awards
JLL Spark is awarded the PropTech Commercial Real Estate VC of the Year
Five Trends that Shaped Real Estate in 2022
Once niche real estate markets are now mainstream, including hybrid work and sustainability.
PROPTECH EVENTS
Connect with our team at the following events
Envision 2023, a UK Property Perspectives Event (hosted by JLL Technologies for JLL clients and prospects)London, England | January 18, 2023
Andre Bothma will represent Spark at the Tech Showcase.
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing
Reshore and Restore: Unlocking American Innovation for the 21st Century
a16z.com | December 16, 2022
UK is the Leading European Tech Ecosystem as Investors Pile In
news.sky.com | December 21, 2022
2023 Vision: Uncertainty with Heavy Unrealistic Expectations
globest.com | December 27, 2022
Will DC Office to Multifamily Conversions Continue in 2023?
commercialobserver.com | January 2, 2023
New York Landlords Try Carbon-Sucking Towers to Comply with Compliance Law
bloomberg.com | January 4, 2023
To learn more about JLL Spark, visit our website or email us at contact@spark.jll.com.
Interested in potential investment from JLL Spark? Apply here.
The question isn’t whether there will be money to push success, but what sectors will tickle investors’ fancies.
Read the thoughts on what the biggest story or stories of 2023 might be from a curated group of investors, startups and incumbents all who influence the real estate conversation.
While as VCs we think in longer time frames, the start of the new year does allow us to reflect on our investment themes and how we see the world changing. We hope you enjoy reading our thoughts and look forward to engaging with you throughout 2023.
