• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • RCR Wireless News
  • Enterprise IoT
  • Editorial Calendar
  • Advertise
  • Webinars
  • Reports
  • White Papers
  • Subscribe

In-Building Tech

Connecting CRE building technology buyers with CRE tech sellers

720×90

  • Industry
    • Office & Commercial
    • Data Center, Network Hotels
    • Government
    • Healthcare
    • Higher Ed
    • Hospitality
    • K-12
    • Laboratory & Scientific
    • Manufacturing
    • Multi-Family
    • Transportation: Airports, Rail, Ports
    • Smart City
    • Stadiums, Arenas, Venues
  • Tech
    • Drones
    • AI-Machine-Learning
    • Wi-Fi
    • Augmented Reality
    • IoT (platform, gateway)
    • Networks
    • 5G Resources
    • Microcontrollers
    • Microprocessors
    • Data Analytics
    • Wired Networks, Fiber
    • Wireless (Cell, DAS, BDA, Repeaters, Boosters)
    • Positioning, GPS, Navigation
    • Security
    • Sensors
  • Systems
    • Energy
    • Lighting
    • HVAC
    • Security
  • Functions
    • Automation
    • Building Management
    • Construction
    • Asset Management (EAM)
    • Materials
    • Maintenace (MRO)
  • Smart Buildings
  • News & Event Coverage
  • In-Building Wireless
  • About In-Building Tech
  • Qualcomm 5G Insights
You are here: Home / Proptech / JLL forms new business unit to focus on PropTech

JLL forms new business unit to focus on PropTech

October 8, 2019 by Juan Pedro Tomás

 
5G

JLL Technologies tasked with proptech acceleration

Global real estate services firm Jones Lang LaSalle (JLL) announced the formation of JLL Technologies, a new business division created with the aim of accelerating innovation in commercial real estate, JLL said in a release.

The firm said that Mihir Shah and Yishai Lerner, who have led JLL Spark since 2017, have been named to oversee JLL Technologies and will join the company’s Global Executive Board.

Christian Ulbrich, JLL CEO, said. “Mihir and Yishai bring a growth mindset to JLL Technologies. Under their leadership, JLL is positioned to be a global leader in real estate technology.”

JLL Spark was created to accelerate the adoption of technology in commercial real estate. The $100 million global venture fund has invested in 14 proptech startups around the globe to date. JLL Spark will now become part of JLL Technologies, along with the teams that create digital products and services for the company and its clients.

“We are leveraging technology to increase the value and liquidity of the world’s buildings while enhancing the happiness and productivity of those who occupy them,” said Shah, Co-CEO at JLL Technologies. “We look forward to adding new talent, technology products and partnerships in the months ahead.”

JLL’s technology portfolio also includes advisory solutions like Utilization Intelligence which helps clients better leverage their real estate footprints, and products like Corrigo, a cloud-based facility management platform.

“Taking a data-driven, technology-first approach is key to building value for our clients and shareholders, and, with the rise of technologies like machine learning, artificial intelligence, IoT and software automation, there is enormous opportunity to achieve better outcomes,” said Lerner, Co-CEO at JLL Technologies. “Some truly breakthrough research, innovative product development and cutting-edge consulting is happening across JLL. By aligning efforts and leveraging the best from the ecosystem, we can have an even greater impact.”

In July, JLL has launched a new digital service, dubbed FacilitiesFlex, which has the main goal of transforming how businesses manage their buildings and real estate assets.

Combining JLL’s technology with the company’s facilities management expertise, FacilitiesFlex will enable businesses to manage budgets more efficiently, mitigate risk and unlock productivity.

FacilitiesFlex is hosted on JLL’s Corrigo technology system and is available across Europe, Middle East and Africa in 11 languages across 70 countries, the company said.

Related

Filed Under: Proptech

About Juan Pedro Tomás

Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to Arden Media Company, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.

Contact Juan Pedro at [email protected]

Primary Sidebar

Sponsors

Search

300×350

300×100

CommScope forsees CBRS taking shape

Categories

Top Posts & Pages

  • In-Building Tech: Technology Insights for Commercial Real Estate Professionals
    In-Building Tech: Technology Insights for Commercial Real Estate Professionals
  • How to use AI and ML to create a smart building
    How to use AI and ML to create a smart building
  • 3 things to consider when implementing a building automation system (BAS)
    3 things to consider when implementing a building automation system (BAS)

RSS Enterprise IoT Insights

  • T-Mobile US accelerator focuses on 5G AR experiences for smart glasses
  • IPv6 over LoRaWAN is go – LoRa Alliance promises new sectors, new apps
  • MachineQ launches hybrid BLE and LoRaWAN solution for indoor asset tracking

Recent Posts

  • Honeywell invests in RapidSOS emergency response data platform
  • ‘Buildings have to be programmable,’ says Cisco’s smart building lead
  • View to install smart windows at Skanska office project in Seattle

Archives

Tweets by InBuildingTech
  • RCR Wireless News
  • Enterprise IoT
  • Editorial Calendar
  • Advertise
  • Webinars
  • Reports
  • White Papers
  • Subscribe

Copyright © 2022 • Arden Media Company, LLC

 

Loading Comments...
 

    This site uses cookies to improve and personalize your experience and to display advertisements. This site may also include cookies from third parties. By using this site you consent to the use of cookies.AcceptPrivacy Policy