Home | About | Blog | Facebook | Twitter

Wednesday, June 06, 2018

Real estate property manager and developer JLL launches a $100 million tech investment fund | TechCrunch

Real estate property manager and developer JLL launches a $100 million tech investment fund | TechCrunch: The multi-billion-dollar real estate developer and property manager JLL is getting into the tech investment game with the launch of a new $100 million fund run by corporate subsidiary JLL Spark.

Initially envisioned as a technology-focused business unit of the multinational real estate company, the firm eventually turned to the more traditional venture capital investment model as a way to get more exposure to all of the new technologies that are coming to market, according to JLL Spark’s co-chief executive, Mihir Shah.