Smart Buildings

What’s Behind the HqO Decision to Acquire Symbiosy Smart Office Platform?

This Research Note examines what’s behind HqO’s decision to acquire the Symbiosy platform from HB Reavis. We review the deal in the context of HqO’s tenant experience and workplace management strategy and assess their strategic partnerships and investments in the last two years. HqO Profile Founded in 2018, Boston, US-based HqO offers a Real Estate Experience (REX) Platform at over 700 properties across 32 countries and over 400 million square feet. LinkedIn reports 160 employees. HqO’s commercial clients include Columbia Property Trust, Vornado Realty Trust, Nuveen Real Estate, Jamestown L.P., Hudson Pacific Properties, Grosvenor, Landsec, J.P. Morgan Asset Management, and Endurance Land. In October 2023, HqO raised over $50 million in Series D funding to fuel the company’s mission to disrupt the real estate industry. The funding round was led by Koch Real Estate Investments with participation from many of the company’s existing investors, leading venture capital and commercial real estate firms including Accomplice, Insight […]

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