Smart Buildings

Real Estate Service Firms Seek to Differentiate through PropTech and Early Stage Ventures

This article was written by Daphne Tomlinson of Tomlinson Business Research Real estate firms are joining the race to own the intelligent buildings sector as they seek to differentiate their third party services to building owners and operators worldwide. CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with 2016 revenues of $13.1 billion and over 5 billion square feet of commercial real estate while JLL had 2016 revenue of $6.8 billion and managed 4.4 billion square feet. These two leading service providers in the global Commercial Real Estate (CRE) market have been augmenting their capabilities in smart building technologies, as major real estate clients demand a “one-stop shop” with more integrated services and global multi-site capability. These capabilities have been acquired not only through M&A, but also via strategic partnerships and technology venture funding. More recently, support for early stage companies in accelerator and incubator programs has also been […]

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US-China Trade War Continues To Polarize the Physical Security Market

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