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CBRE Partners With RealTechX To Promote Innovation And Technology

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In 2020, RealTechX support 12 high potential companies delivering construction  technologies, smart buildings technologies and a range of tenant amenity innovations.  

CBRE has partnered with RealTechX, an innovation program backed by Asian venture  capital firm Taronga Ventures, to promote innovation and technology adoption within the real  estate sector. 

The global real estate services firm’s Asia Pacific team joins current real estate partners  Dexus, Lendlease, ISPT, Australian Unity and PGIM Real Estate to collaborate with  emerging technology companies to drive widespread adoption of technology in real estate  assets. 

Phil Rowland, CBRE’s President & CEO of Australia and New Zealand, said “following our  recent investment in Taronga’s RealTech Ventures Fund, the RealTechX partnership was a  logical next step, providing an invaluable opportunity for us to work with emerging  technology companies and enable the best solutions for our occupier and landlord clients.” 

Steph Chung, CBRE’s Senior Director of Digital and Technology, said “this brings us the  ability to see and hear innovations early on and to stretch our own thinking with the rest of  the RealTechX partner community. We get first access to see how these founders and  organisations can add value for both CBRE and our clients and how we can work together to  pilot and scale technology solutions.” 

Jonathan Hannam, Managing Partner of Taronga Ventures, said “in May 2020, we were  delighted to announce CBRE as an investor in our venture capital fund, demonstrating their  long-term commitment to driving innovation within their own organisation and on behalf of  their clients”. 

Avi Naidu, Managing Partner of Taronga Ventures, added “CBRE’s extensive global footprint  and proven track record with internal innovation will be an asset to both the emerging  technologies coming through the program, as well as other corporate partners”. 

In 2020, RealTechX support 12 high potential companies delivering construction  technologies, smart buildings technologies and a range of tenant amenity innovations.  

In 2021, the program will support its partners to tackle COVID-related challenges and  capture emerging opportunities with a new suite of innovative solutions to be announced in  December.

ALSO READ: In China And India, The Growth Of Collaborative Workspace Is Phenomenal: Jonathan Hannam

 

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