Spark Notes – July 20, 2023

Spark Notes – July 20, 2023

Sustainability. Journey to Net Zero. Decarbonization. These buzz words are no longer just a trend, but are now necessities as businesses and consumers continue to explore innovative ways to reduce their environmental impact. Eddie Carroll, Growth Principal at JLL Spark, takes a deeper look at Veev, a PropTech startup paving the way for sustainable construction.
 
Read more on Building a Sustainable Future: Veev’s Pioneering Approach to PropTech


PORTFOLIO COMPANY UPDATES
What’s new with our startups

A Close Look at the Changing Landscape of Office Lease Lengths
Recent data from Re-Leased reveals a notable decrease in the average length of office leases across the UK, New Zealand, and Australia.
 
SwiftConnect’s Banner Year Boosted with Key Acquistion of Detrios
The acquisition combines Detrios’ leadership in access control integrations with SwiftConnect’s mobile credential technology.


IN THE PRESS
Insights in the media from JLL

Use Them or ‘Be Left Behind’: Here are the 5 Most Practical AI Tools for CRE Right Now
Raj Singh is quoted on the efficiency that AI will bring to real estate transactions. JLL’s AI Report is also referenced.

‘Survive to Thrive’: CRE Startups Fight in an Industry Still Reeling from the Pandemic
Raj Singh talks about the challenges PropTech startups face.

JLL: AI Has Enormous Potential to Reshape Real Estate
According to JLL’s recent report, the growth of the AI industry will lead to increased leasing demands.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

From Data to Action: 6 Key ESG Metrics in the Built Environment
smartbuildingstech.com | July 12, 2023

Gensler Report Shows Many Still Haven’t Figured Out the Right Hybrid Office Design
propmodo.com | July 12, 2023

Empty Spaces and Hybrid Places: The Pandemic’s Lasting Impact on Real Estate
mckinsey.com | July 13, 2023

Biden-Harris Administration Launches Historic $20 Billion in Grant Competitions to Create National Clean Financing Network as Part of Investing in America Agenda
epa.gov | July 14, 2023

FTC Starts Inquiry of OpenAI Data Security Methods
globest.com | July 17, 2023

An Early Investor in AI Explains How They’re Thinking About the Space Now
bloomberg.com | July 17, 2023

PropTech Beelines for Federal Funds to Retrofit Government Properties
commercialobserver.com | July 18, 2023