Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with M&A continuing into the first half of 2022. The major firms, as outlined below, have undertaken deals and partnerships to exploit digital transformation in their property portfolios.  Cushman & Wakefield C&W entered a strategic partnership and investment in Pupil, a spatial data company to improve the speed and accuracy of digital measurements and produce digital floor plans and digital twins of properties.C&W participated in a Series A funding round of Upflex, a US provider of a suite of SaaS solutions for the hybrid workplace in May 2022.  JLL JLL Spark participated in a June 2022 Series A funding round of ecoworks, a German provider […]

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