Comprising the who’s who of the property technology world and leading figures in traditional real estate, CREtech NY saw over 2,200 industry leaders and innovators come together for two days to network and discuss the pressing issues we face and how innovation can help solve these challenges, writes Max Beard.
The verdict is in: hybrid work is here to stay. According to JLL’s research report Technology and innovation in the hybrid age, the percentage of employers offering some form of hybrid work option has doubled from 45% pre-pandemic to 89% today.
A rolling series of challenges, from the pandemic to labor shortages to an unfolding economic downturn, have increased focus on performance, efficiency and cost-cutting within commercial real estate, leading to a push for proptech focused on streamlining work and for real estate firms to upgrade or risk being left behind.
Six months after soaring to unparalleled heights, confidence in the proptech sector has collapsed to new lows among investors, according to MetaProp.
Welcome to Spark Notes!
In our newest blog post, Growth Associate Daniel Correa shares insight on the value of partnering with JLL Spark Global Ventures. The growth component of our team is one of the reasons more than 60% of JLL’s top investor and occupier clients use a JLL Spark portfolio company solution.
Read more about JLL Spark as Your Strategic Partner.
PORTFOLIO COMPANY UPDATES
What’s new with our startups
Shimizu Corporation Partners with ALICE Technologies to Boost Efficiency and Reduce Risk
constructiondive.com | September 20, 2022
OpenSpace Named Best ConTech Company of 2022 in Real Estate Building Futureproof Festival
PR Newswire | September 22, 2022
The 21 Most Promising PropTech Startups, According to VCs
Juno and Veev are recognized for their solutions to streamline the real estate development process.
The Future of Catastrophe Risk Management: Reducing Uncertainty After an Earthquake
Safehub is hosting this webinar on October 6 at 9:30 am PT. Register with the link above.
IN THE PRESS
Insights in the media from the JLL Spark team
Facing Pressure, CIOs Tap Managed Service Providers to Deliver Efficiency
ciodive.com | September 19, 2022
Incentives or Upgrades: How Offices Tempt Workers Back
placetech.net | September 21, 2022
Real-Time Real Estate on The Pulse
unrealengine.com | September 22, 2022
PROPTECH EVENTS
Connect with our team at the following events
EXPO REAL
Trade Fair Center Messe Munchen | October 4-6, 2022
Arnaud Bouzinac will attend.
FSU Real Estate Trends Conference
Florida State University College of Business | October 6-7, 2022
Raj Singh will share insights on how PropTech and the Metaverse will reshape commercial real estate.
CREtech New York
New York City | October 12-13, 2022
Raj Singh will speak on Global Venture Perspectives.
PropTech Forum
Sydney, Australia | October 13, 2022
Carolyn Trickett will attend.
JLL Spark moderated panel sessions at Blueprint in September:
“PropTech and the Journey to Net Zero” with Raj Singh
“PropTech and the Metaverse” with Laurent Grill
View the recordings on our website.
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing
MetaProp’s Mid-Year 2022 Global PropTech Confidence Index
Raj Singh comments on the future of PropTech. Download the report in the link above.
The State of Corporate Venture Capital Report 2022
JLL Spark contributes to the second annual CVC report by Silicon Valley Bank.
Remote Work is Here to Stay. Employers Need to Accept That.
SF Chronicle | September 14, 2022
Bosses are Winning the Battle to Get Workers Back to the Office
forbes.com | September 20, 2022
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.
Real-Time Real Estate: Visualize, Connect, Build is hosted by James Scott, Director of the Real Estate Technology Initiative at MIT Center for Real Estate. He is joined by Edward Wagoner of JLL Technologies, Dorian Vee of IMERZA, and Sam Anderson of Epic Games.
Panelists share their experience with tech-based innovations at the intersection of physical and virtual demands in the workplace.
How green tech and smart buildings are helping companies achieve their own sustainability goals, in spite of economic headwinds.
This week, we take a deeper look at sustainability as the biggest challenge facing the real estate industry. Laurent Grill and Ajey Kaushal, investors on the JLL Spark team, tackle the reality of what it takes to reduce the carbon footprint in the built world and highlight technologies that will enable our path to a cleaner tomorrow. Read more in our blogpost, Trending Now in CRE: Sustainability
Spark Notes is a collection of property technology news and insights for the real estate industry, along with highlights on the startups we have invested in and trends we are following at JLL Spark Global Ventures.
PORTFOLIO COMPANY UPDATES
What’s new with our startups
CRE Financing in Florida
Lev introduces its Florida Marketplace for real-time access to their database of Florida banks.
50 Best Small and Medium Workplaces in Technology
Roofstock lands on Fortune’s Great Place to Work (United States) list.
INVESTMENT ACTIVITY
New partnerships or follow-ons to our existing portfolio
Dealpath Raises $43M Series C led by Morgan Stanley Expansion Capital
List of investors includes JLL Spark, Blackstone, 8VC, Nasdaq Ventures, and GreenSoil PropTech Ventures
IN THE PRESS
Insights in the media from the JLL Spark team
CREtech New York Speaker Spotlight: Raj Singh, JLL Spark
Raj shares his perspectives on the current state of PropTech in an interview with Michael Beckerman, CEO of CREtech.
Investing in PropTech to Meet the Needs of Tomorrow
Carolyn Trickett, JLL Spark Growth Principal in Asia Pacific, shares the JLL Spark story in the New Zealand JLL Magazine.
Featured Femmes Interview with Kitty Sullivan from JLL Spark Global Ventures
womeninproptech.com | September 12, 2022
PROPTECH EVENTS
Connect with our team at the following events
API Summit – Africa Re-Set
Melrose Arch, Jo’burg | September 21-22, 2022
Andre Bothma will speak on a panel
Urban Tech Forward
Warsaw, Poland | September 27-28, 2022
CREtech New York
New York City | October 12-13, 2022
Raj Singh will speak on Global Venture Perspectives
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing
EIE is Filling in the Gaps in Buildings Data
medium.com | August 30, 2022
The Workspace of the Future: Your Mind
partners.wsj.com (sponsored content)
KKR Makes Piece of PE Fund Available on Public Blockchain
wsj.com | September 13, 2022
LMRE and Fifth Wall Release the PropTech Industry’s First Salary and Employee Benchmark
lmre.tech | September 14, 2022
SLUSH 100 Pitching Competition
Five early-stage funds in Europe come together to award €1M to the winner. Apply by October 7.
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.
