Re-Leased webinar: How to Win in CRE’s Digital Future
Future-proof, De-Risk and gain a competitive advantage.
Future-proof, De-Risk and gain a competitive advantage.
This time on The Next Big Question, Executive Director and Digital CIO Eddy Wagoner of JLL joins the podcast to talk about how C-level leaders and organizations can address sustainability and other global concerns.
As the larger tech sector has experienced a valuation reset, venture capital investors in proptech are taking a much more careful stance, wanting to see a clear path to profits.
London-born and -raised Raj Singh’s passion for computer science initially led him to IBM, later then later to Booz Allen Hamilton as a consultant. Eventually, though, seeking to combine his skills and to chart a new career path, Singh saw the proptech aspect of real estate as an enticing greenfield of opportunity and came to the U.S.
HqO buys JLL Jet and JLL will sell HqO products.
After venture capital funding reached record levels in the first six months of the year, can the sector maintain its momentum despite “some choppiness”?
JLL has inked a new partnership with a proptech firm as part of its effort to build an ecosystem of tech solutions for office landlords and tenants.
The global commercial real estate firm reached a deal to sell one of its own workplace tech applications to HqO, a startup it invested in last year, as a way to combine two types of office tech offerings into one platform, JLL Technologies President Sharad Rastogi told Bisnow.

In 2017, JLL started JLL Spark Global Venture Fund, a venture capital arm. A year later it announced that it planned to invest upwards of $100 million into real estate technology startups. Recently, the company said that it had made more than $340 million in investments since June 2018.
HomeLight, a San Francisco-based proptech firm that facilitates contingency-free, cash transactions, bought the Denver-headquartered fintech Accept.inc — its third acquisition in as many years — making it the largest “agent-focused cash offer program” in the U.S.
After years of exuberant dealmaking, the proptech industry is facing a reckoning.
Proptech unicorns that raised boatloads of cash and went public with promises to disrupt the multitrillion-dollar commercial real estate industry have seen their valuations plummet in recent months. The sector’s losses have outpaced the overall market drop this year as the Federal Reserve has taken aggressive measures to curb inflation.