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JLL launches $100 mn venture fund for tech startups catering to realty

JLL Spark will focus on products that can help JLL investors and occupier clients, or can be used by JLL businesses to improve service delivery

Mumbai realtors may switch from residential to commercial projects
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T E Narasimhan Chennai
JLL Spark, a division of JLL, has started JLL Spark Global Venture Fund, which plans to invest up to $100 million in companies focused on leveraging technology to improve real estate development, leasing and investing, among other areas. 

The fund will help connect entrepreneurs and their companies with JLL’s business lines and clients for insightful feedback and product distribution, said the company.

The new fund will focus on seed and Series A investments, as well as select later stage rounds. Typical investment size will range from a few hundred thousand to several million dollars. 

JLL Spark will focus on technology startups with products