JLL India launches real estate technology investment vertical – Feedback

With an aim to invest in start-ups, growth-stage companies developing technology solutions for the real estate sector, property consultancy JLL India on Monday announced the launch of a new independent real estate technology investment vertical.

“With this investment vertical, JLL has its eyes trained on Geographic Information Systems, Visualisation and Augmented Reality, Artificial Intelligence, sustainable energy, water efficiency, smart commercial buildings, Smart City tech applications, property Management technologies, data analytics, home automation and – on a broader level – the Internet of things,” Anuj Puri, Chairman & Country Head, JLL India said. This will be an independent investment entity which will focus on enhancing the value of its equity holdings in the target firms. JLL will also explore the potential of working with private equity funds and financial institutions to make even larger investments, if needed, the statement added.

http://www.thehindubusinessline.com/news/real-estate/jll-india-launches-real-estate-technology-investment-vertical/article9261329.ece

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