Category: Newsletter

The real estate industry has a long way to go to reach targeted sustainability goals in 2030 through 2050. Building owners and investors are challenged by a lack of data to track carbon emissions and processes to deliver reductions amidst increasing regulations for reduced energy usage.
 
Raj Singh, JLL Spark Managing Partner, weighs in with key actions and innovative solutions that enable the industry to bridge the data gap and reach global net zero goals in our latest blogpost Sustainability Measurement: The Heat is On.

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PORTFOLIO COMPANY UPDATES
What’s new with our startups

YC, Khosla-backed Atmos Lands $12.5M to Design Custom Dream Homes
JLL Spark is an existing investor and participated in Atmos’ Series A funding round.
 
Alice Technologies is Recognized at the Construction Computing Awards 2022
The company wins the One to Watch award for its work in ConTech.
 
Berlin Start-up to Wrap Homes in ‘Second Skin’ as Heating Costs Soar
Ecoworks is highlighted as an energy saving solution in response to Germany’s energy crisis.
 
LandTech’s U.S. Launch Events
To celebrate their expansion into the United States, LandTech is hosting three events next week in Florida on December 5, 6, and 7 in Miami, Orlando, and Tampa. RSVP in the link above.

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IN THE PRESS
Insights in the media from the JLL Spark team

JLL Spark Announces New Fund for China-Based PropTech Companies
JLL is increasing its technology presence in China with a new RMB fund to launch in 2023.
 
JLL Opens a New Initiative that Starts to Look Like a Tech Consulting Firm
JLL Technologies announces the Strategic Technology Platform to drive the future of work.
 
JLL Investor Briefing 2022
Mihir Shah, JLLT Co-CEO, provides an indepth overview of JLLT’s technology strategy (jump to 27:50 minutes).

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PROPTECH EVENTS
Connect with our team at the following events

The Future of Work in 2023
JLLT Webinar | December 6, 2022 | 2:00 p.m. UK, 3:00 p.m. Europe
During the session, experts from JLL Technologies, VergeSense, and Infogrid will identify ways organizations can support new working environments. Register in the link above.
 
SIMI
Paris, France | December 6-8, 2022
Tanguy Quero will attend.
 
Climate Salad’s Australian Climate Tech Festival
Sydney, Australia | December 7, 2022
Carolyn Trickett will attend.

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

WeWork Launches Executive Suite Offering Targeting Finance, Law Firms
bisnow.com | November 11, 2022
 
VC Money is Drying Up, But CVC is Quenching Founders’ Thirst
venturecapitaljournal.com | November 15, 2022
 
JLL Property Income Trust Expands SFR Investments with Amherst
prnewswire.com | November 17, 2022
 
Yield Curve that Matters is Predicting a Recession Now
axios.com | November 17, 2022
 
Junk Carbon Offsets Are What Make These Big Companies ‘Carbon Neutral’
bloomberg.com | November 20, 2022
 
Unclear Financial Returns Hinder Tech Adoption
placetech.net | November 22, 2022

The construction industry is one of the least digitalized sectors of the global economy. 
 
Javier Araujo O’Neill, Senior Investment Associate at JLL Spark, discusses the built world’s rapid pace of adopting digital capabilities to improve CRE.
 
Read more about Construction Technology: The Need for Optimization

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PORTFOLIO COMPANY UPDATES
What’s new with our startups

Alice Technologies and Align JV Partner on HS2
A case study on an innovation project for the UK High Speed 2 line.
 
Building Sustainability: Infogrid and Aquicore Join Forces to Provide Complete ESG Solution
Infogrid’s acquisition of Aquicor provides a combined ESG analytic and carbon management platform.

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IN THE PRESS
Insights in the media from the JLL Spark team

Research Finds ‘Large Gap’ in Adoption of Hybrid Work Technologies
Sharad Rastogi, JLL Technologies President, is quoted on the importance of developing a strategic approach to hybrid work.

Technology Investments that Boost Sustainability in the Built World
JLL Technologies highlights our investments in cutting-edge solutions to curb climate change.

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PROPTECH EVENTS
Connect with our team at the following events

RecoTech 2022
Helsinki, Finland | November 16, 2022
Tanguy Quero will participate on a panel to discuss PropTech challenges, solutions, and actions.
 
Slush 2022
Helsinki, Finland | November 17-18, 2022
Raj Singh, Laurent Grill, and Tanguy Quero will attend.
 
WORKTECH22 London
London, England | November 22-23, 2022
Andre Bothma will participate on the panel, Emerging Tech Re-shaping the Way We Work.

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

The Unintended Consequences of Working from Home
Freakonomics podcast | October 26, 2022
 
JPMorgan Chase Unveils Payments Platform for Landlords and Tenants
cnbc.com | October 31, 2022
 
Ways to Think about a Metaverse
ben-evans.com | October 31, 2022
 
Startups, Investors Bet on Remote Work Future
wsj.com | November 2, 2022
 
PropTech Sector Will Face Growing Push for M&A
globest.com | November 7, 2022

Real estate is responsible for a large portion of global carbon emissions. Too large. What can be done to decrease the carbon footprint? Arnaud Bouzinac, Growth Principal at JLL Spark, explains how renovation of existing buildings is a crucial solution to the industry’s journey to net zero.
 
Learn more in our latest blogpost: Renovation is Key to Accelerate the Decarbonization of the Built Environment

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PORTFOLIO COMPANY UPDATES
What’s new with our startups

SwiftConnect Joins Microsoft’s Connected Workplace Partner Ecosystem to Power New Ways of Work
prnewswire.com | October 12, 2022
 
CREtech Real Estate Tech Awards 2022
SwiftConnect wins Emerging Startups Grand Prize. Turntide Technologies and HqO are Finalists in the Mature Growth Companies category.
 
How The Jones Network Modernizes Insurance Compliance for Real Estate Portfolios
commercialobserver.com | October 17, 2022
 
Safehub’s Building Sensors Give Companies Peace of Mind After 5.1 Earthquake in San Jose
newswire.com | October 26, 2022

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

SwiftConnect Closes $17 Million Series A Financing to Scale Access Control Integration Platform for Hybrid Workplaces in Corporate Real Estate
prnewswire.com | October 26, 2022

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IN THE PRESS
Insights in the media from the JLL Spark team

The 30 Most Powerful People in Commercial Real Estate Proptech
Raj Singh is recognized on Commercial Observer’s Power Proptech List for 2022.
 
Prop-tech: Friend or Foe? Part II
Andre Bothma lends his perspective in a follow-up article from Gavin Parker, Industry Director at Barclays Corporate Banking.

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PROPTECH EVENTS
Connect with our team at the following events

Impact Silicon Valley
San Jose, California USA | November 2-3, 2022
Danny Klein will speak on “How Synergistic Investing Can Drive Value for a Corporate VC.”

SF Tech Week – Beer, Fries, and PropTech?
San Francisco, California USA | November 3, 2022
 
Real Estate Innovation Festival – REIF22
Sydney, Australia | November 9-10, 2022
Carolyn Trickett will attend.

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Late-Stage Proptech Players Face a Reckoning
globest.com | October 17, 2022
 
Rent-Setting Algorithms Could Exacerbate Rising Rents: Report
commercialobserver.com | October 17, 2022
 
Financial Returns Matter in Corporate Venture
medium.com | October 18, 2022
 
NYC Flex Office Demands Exceeds Supply Growth
connectcre.com | October 24, 2022

JLL Global Research just published their report Technology and innovation in the hybrid age. Kitty Sullivan and Tanguy Quero, JLL Spark investment principals, share their take on how hybrid work is refining the workplace and highlight the technologies in Spark’s portfolio that enable successful transformation.
 
Read more about Tech’s Role in the Future of Work.

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PORTFOLIO COMPANY UPDATES
What’s new with our startups

JLL and OpenSpace Selected by U.S. Public Building Service to Provide 360° Image Capture Technology for Government Properties Nationwide
prnewswire.com | October 12, 2022
 
SwiftConnect Joins Microsoft’s Connected Workplace Partner Ecosystem to Power New Ways of Work
prnewswire.com | October 12, 2022
 
JLL’s Dynamic Cleaning Wins in IFMA’s 2022 Awards of Excellence for Facility Management Innovation
The AI-powered platform is provided by JLL Technologies partner Infogrid, a startup funded by JLL Spark.
 
Proda CEO Peter Bredthauer Shares Detail on Their Latest Investments, Future Prospects, and More…
An interview with the UK PropTech Association.

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IN THE PRESS
Insights in the media from the JLL Spark team

Prop-Tech: Friend or Foe?
An article by Gavin Parker, Industry Director, Business and Professional Services at Barclays Corporate Banking, featuring insights from Andre Bothma, Growth Principal at JLL Spark.
 
How to Win in Commercial Real Estate’s Digital Future
Re-Leased’s CEO Tom Wallace discusses the importance of adopting the right PropTech solutions with Edward Wagoner, CIO of Digital at JLL, and James Pellatt, Director of Innovation at GPE.

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PROPTECH EVENTS
Connect with our team at the following events

REIA – Project CRE
Sydney, Australia | October 19, 2022
Carolyn Trickett will speaking at the Commercial Agency Engagement Event.
 
The Property Congress
Gold Coast, Queensland | October 24-26, 2022
Carolyn Trickett will attend.
 
Proptech BNE – Something Fest 2022
Brisbane, Australia | October 24-28, 2022
Carolyn Trickett is a panelist on the Capital in PropTech session.

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

KPMG 2022 U.S. CEO Outlook
Insights from more than 1,300 CEOs at large global companies.
 
Confidence in PropTech is Down for Investors and Startup Founders
globest.com | October 3, 2022
 
Open Office: Inside Marriott’s Hotel-Inspired Headquarters
wsj.com | October 4, 2022 
 
No Need to Call a Broker: Real Estate NFTs Let Homeowners Cut out the Middleman via Roofstock and Origin Protocol
benzinga.com | October 6, 2022
 
It’s Lonely in the Metaverse: Decentraland’s 38 Daily Active Users in a $1.3B Ecosystem
coindesk.com | October 7, 2022

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.

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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.

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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

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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.

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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

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.

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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.

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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

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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

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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

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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.

In this issue, we invite you to learn how we build the JLL Spark portfolio on the basis of our investment themes to serve our clients and transform the industry. Read more in our blogpost: JLL Spark’s Investment Themes.

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 Venture.

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PORTFOLIO COMPANY UPDATES
What’s new with our startups

First and Largest Climate-Neutral Building Renovation Started in Germany 
[Article printed in Deutsche.]
Ecoworks has signed the largest serial renovation project to date in Germany with Gewobau Erlangen, a public real estate developer and the owner from the city of Erlangen. The company’s industrial-scale refurbishment enables system integrators and module suppliers to scale processes and production for efficiency and sustainability.
 
PropTech Breakthrough Awards 2022
Congratulations to the following JLL Spark portfolio companies!
Winners include Lev (financing), BuildingEngines (property management), VergeSense (data and analytics), and Veev (construction tech). 
 
PropTech 50 – UK’s Most Innovative Property Technology Creators for 2022
JLL Spark portfolio companies Infogrid and Proda are recognized on this list.

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IN THE PRESS
Insights in the media from the JLL Spark team

LA Tech Week: 3D Printed Homes, Micromobility, and Metaverse
dot.LA | August 19, 2022

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PROPTECH EVENTS
Connect with our team at the following events

Asia Proptech Beyond 2022, StartmeupHK Festival
Hong Kong and virtual | September 8, 2022
Carolyn Trickett will speak on PropTech Investment Trends
 
Blueprint
Las Vegas, Nevada | September 12-14, 2022
Raj Singh will moderate a panel on PropTech and the Journey to Net Zero
Laurent Grill will moderate a panel on PropTech and the Metaverse
 
Europe GRI 2022
Paris, France | September 13-14, 2022
Tanguy Quero will speak on two PropTech investing panels
 
2022 CoreNet Global Summit
Amsterdam, Netherlands | September 13-15, 2022
 
CREtech New York
New York City | October 12-13, 2022
Raj Singh will speak on Global Venture Perspectives

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Is Corporate Venture Capital Right for Your Startup?
Harvard Business Review | July 28, 2022 

PropTech Just Got a Treasure Map
propmodo.com | August 11, 2022 

More Proptech Companies are Adopting Floor Plan Technology
finledger.com | August 11, 2022   
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Real Estate at Critical Juncture to Embrace Dynamic Workplaces
jll.com | August 18, 2022
JLL’s Future of Work Survey based on over 1,000 responses across 13 key markets worldwide
 
Flex Space is the Next Big Office Amenity
propmodo.com | August 28. 2022

Dear friends and colleagues in PropTech, welcome to the first ever JLL Spark newsletter!

In each issue, we bring 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. 

We plan to help you stay informed on the future of commercial real estate, and in particular how JLL Spark is partnering with innovators to help our clients solve challenges and adapt to an ever-evolving workplace. Read more about who we are in our new blog, and thanks for joining us. 

Raj Singh
Managing Partner, JLL Spark

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PORTFOLIO COMPANY UPDATES
What’s new with our startupsInfogrid’s New Look for Their Bold Mission
infogrid.io | August 1, 2022 Safehub: The Tech Company Helping Companies Respond to Natural Disasters
Forbes.com | August 1, 2022  

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

Proda Completes Series A Funding in 2Q22
JLL Spark joins as a new investor  

OpenSpace Follows Recent $102M Raise with $9M More in Funding
PropTech construction site startup to use new funding to expand in APAC region
Commercial Observer | August 9, 2022  

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IN THE PRESS
Insights in the media from the JLL Spark team

JLL Spark’s Raj Singh Still Can’t Believe PropTech’s Potential
Commercial Observer | July 26, 2022 

PropTech VCs Hit a Pause
WealthManagement.com | July 27, 2022  

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PROPTECH EVENTS
Connect with our team at the following events

The Future of Real Estate
A JLL client event in New Zealand
Auckland, North Island | August 18, 2022
Carolyn Trickett speaks on the impact of technology on real estate 

Urban Labs Institute (ULI) Asia Pacific Summit
Hong Kong and virtual | August 28-31, 2022 

Blueprint
Las Vegas, Nevada | September 12-14, 2022
Raj Singh will moderate a panel on PropTech and the Journey to Net Zero
Laurent Grill will moderate a panel on PropTech and the Metaverse 

CREtech New York
New York City | October 12-13, 2022
Raj Singh will speak on Global Venture Perspectives  

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INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

Is Corporate Venture Capital Right for Your Startup?
Harvard Business Review | July 28, 2022 

PropTech Just Got a Treasure Map
propmodo.com | August 11, 2022 

More Proptech Companies are Adopting Floor Plan Technology
finledger.com | August 11, 2022