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JLL Spark invests in PROBIS to drive real estate innovationĀ
According to McKinsey, 98% of construction projects experience cost overruns, and the average cost overrun is roughly 28%. Against this backdrop of inefficiency, JLL Spark recently invested in PROBIS, a leading SaaS PropTech startup specializing in financial management for real estate development, aligning with JLL’s digital transformation goals in project management.
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JLL Sparkās investment in Ren Systems: AI-driven relationship intelligence for high-value sales
JLL Spark Global Ventures recently led a $3.5 million funding round for Ren Systems, reaffirming not only our intent to back visionary founders building world-changing businesses but also our commitment to tech-enabling our core business and transforming our industry.
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VergeSense: Smart building technology for occupiers
In the world of commercial real estate (CRE), smart buildings have become essential for enterprises.
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Safehub: Transforming structural damage assessments in smart buildingsĀ
In regions prone to earthquakes, commercial buildings are particularly susceptible to structural damage.
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Global smart building trends shaping the future of real estateĀ
Smart buildings are revolutionizing the real estate industry by seamlessly integrating advanced technologies like sensors, automation, and data analytics.
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Rent roll: Leveraging data science and AI to standardize commercial real estate data sets
Rent roll, in the context of commercial real estate (CRE), refers to a document or dataset that provides a detailed summary of the rental income generated by a property.
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Streamlining CRE with FinTech: Tackling rising insurance costs with data-driven solutionsĀ
At JLL Spark, we focus on making impactful investments in technology that reshape the real estate industry.
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Who benefits when the CRE transactions market recovers?Ā
Since March 2022, central banks, led by the Federal Reserve, have aggressively raised interest rates to combat rising inflation. This has caused significant disruption in the real estate sector.
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Breaking free from the binary āHome vs. Corporateā office paradigm
For office workers, hybrid is no fad, but a widely accepted fact of life, with only a few exceptions. To attract and retain talent, and to provide a āmodernā workplace experience with maximum productivity, we think that employers will progressively break away from the binary system of either work from home, or from the office.
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Questioning the unquestionable: Building PropTech infrastructure for the hybrid future of workĀ
Curioser and curioser. Aliceās description of the rabbit hole leading to Wonderland is an apt commentary of the return to office/work from home situation that we find ourselves in.
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The future is now: How technology is shaping the way we work
The past three years have arguably made the commercial world more connected than the previous hundred combined. The COVID-19 pandemic has forever changed the way we work, unlocking the ability to work from anywhere and redefining the employer/employee dynamic.
