Eyeing emerging Proptech Start-ups, Leading global commercial real estate services firm, Jones Lang LaSalle Incorporated (JLL)’s Sri Lankan unit joined the Sri Lanka Association for Software and Service Companies (SLASSCOM) which is considered to be the country’s national chamber for the IT/BPM industry, as its latest member.
“By becoming a member of SLASSCOM, we wish to connect with the start-ups & tech firms, incubate them, and work towards achieving goals that are mutually beneficial – ensuring good synergy between SLASSCOM and JLL.” JLL Sri Lanka head Jerry Kingsley announced.
He outlined JLL’s plans to realize its vision of transforming commercial real estate by investing in Proptech (Property technology) extensively.
The real estate industry is increasingly looking at Proptech in reducing paperwork to making transactions quicker and efficient. it is often thought of as overlapping with financial technology. The usage of blockchain-based solutions, in particular, has gained traction in the global real-estate industry.
JLL houses a first-of-its-kind global venture fund, that was established to aid this transformation by boosting investment in tech start-ups.
“With real estate, the largest asset class in the world becoming technology-driven, JLL is focused on leveraging it to deliver the best solutions to our clients,” he added.
JLL Sri Lanka provides end-to-end real estate services to investors, developers, local corporates and multinational companies.