Smart Buildings

Mapping the Strategic Direction of JLL in the Smart Buildings Space – Part 1

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This Research Note examines the emerging strategic priorities of JLL in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the company, by categorizing the various business relationships by technology and investment type over a 3-year period.  This article, Part 1 of a 2-part analysis, is intended as a non-exhaustive indicator of JLL’s strategic direction between January 2020 and September 2022.  JLL is one of the largest real estate service providers in the world, with 2021 revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000. Founded in 2017, JLL Spark, their strategic investment arm, has invested more than $340 million in over forty early-stage PropTech startups. The JLL Spark team, now part of JLL Technology, focuses on five investment themes relevant to JLL clients and the real estate industry, identified through client demand and adoption trends, including Smart Buildings. Note that this Research Note focuses on JLL […]

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