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 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.
The CRETI Proptech VC of the Year Awards celebrates and recognizes investors whose unbounded ambitions deliver innovation, growth, and prosperity in real estate tech.
JLL Technologies increases personnel in China to meet growing demand
The widespread adoption of flexible work has increased the challenge of managing access to physical, commercial buildings, given the dynamic nature of hybrid workspaces. With today’s staffers coming and going to the office on unpredictable timetables, it can be tough to keep track of which have access to rooms and office resources.
The companies will help a major U.S. governmental organization to capture key buildings for U.S. federal employees.
Few executive hires in proptech slapped harder than JLL Spark Global Ventures’ “get” of computer scientist Raj Singh in May 2021.
Investor enthusiasm for property technology, or proptech solutions, may have started to dip in recent months, but commercial real estate firms might be turning to it to assist in cost-cutting measures, Bisnow reports.
