Spark Notes – October 26, 2023

Spark Notes – October 26, 2023

JLL recently released its annual Global Technology Survey with results indicating that real estate technology will drive industry advantages in the key areas of operational agility, value creation and risk management, and sustainability. 
 
How will AI and PropTech solutions enable occupiers and investors to address these challenges and meet decarbonization goals? Danny Klein, VP of Innovation at JLL Spark, shares insights on how JLL Spark Investments Align with Client and Investor Tech Focus in our latest blog post.


PORTFOLIO COMPANY UPDATES
What’s new with our startups

HqO Raises Over $50M in Series D Funding to Revolutionize the Real Estate Landscape
 
SwiftConnect Announces the Successful Closing of an Oversubscribed Fundraise of $10 Million
 
ALICE Technologies is awarded as the Best Technology Partner by Building Innovation Awards
The startup is recognized for their recent work on the HS2 London Tunnel.
 
AI in Commercial Real Estate: The Unstoppable Future
Sam Caulton, CFO at Re-Leased, talks about the different ways AI is being explored in CRE.


IN THE PRESS
Insights in the media from JLL

Generative AI is Coming Soon to CRE
JLL CTO Yao Morin contributes her perspective on the growing capabilities of generative AI for the industry.
 
Commercial Real Estate Occupiers Are Willing to Put Their Money Where the Tech Is
The article summarizes the results from JLL’s 2023 Global Real Estate Technology Survey.


PROPTECH EVENTS
Connect with our team at the following events
 
ULI Fall Meeting
October 30 – November 2, 2023 | Los Angeles, CA USA
Laurent Grill is speaking.
 
Saudi Proptech Summit
November 6-7, 2023 | Riyadh, Saudi Arabia
Sonia El-Sherif is speaking.
 
Realcomm | BuildingsAI
November 16, 2023 | Palo Alto, CA USA
Raj Singh and Yao Morin are speaking.


INDUSTRY NEWS
Learn more about the current landscape of PropTech investing

NYC Launches ‘Smart City Testbed’: Here Are the First Three Pilot Technologies
smartcitiesdive.com | October 12, 2023
 
The Five-Day Office Week is Dead
nytimes.com | October 16, 2023
 
Has Proptech Funding Turned the Corner?
commercialobserver.com | October 17, 2023
 
Commercial-Property Distress in the US Rises to a 10-Year High
bloomberg.com | October 18, 2023
 
The World Has Already Crossed a ‘Tipping Point’ on Solar Power
bloomberg.com | October 19, 2023
 
Is This the Start of a CVC Investment Rebound?
globalventuring.com | October 19, 2023