JLL and Lendlease launch proptech accelerator

Qualified startups stand to receive $20,000 grant.

Real estate firms JLL and Lendlease are launching Propell Asia, the region’s first proptech accelerator based in Singapore.

The ten-week accelerator programme will work with five early stage startups that have a clearly defined product in property management; real estate transactions; construction management; data collection, data science and analysis sectors.

“Propell Asia is purpose-built to provide start-ups with the platform to accelerate their business success. Through our integrated business models and networks, Lendlease and JLL will enable participants to access the entire real estate value chain – including investment, development, construction, brokerage, consulting and facilities management – and opportunities to test and validate their products,” said Lendlease CEO Tony Lombardo.

Startups stand to receive a $20,000 grant, as well as access to reputable mentors comprising real estate industry experts and successful start-up founders. The programme will be based at District6, a co-working space located in Bras Basah.

“Against the backdrop of rapid urbanisation and the rise of smart cities, our industry in Asia Pacific is primed for the next wave of disruption. Data analytics, artificial intelligence, the Internet of Things, virtual reality, blockchain; all of these technologies will play a pivotal role in the evolution of the real estate industry,” said JLL Asia Pacific COO Albert Ovidi.

Applications for Propell Asia open from 25 June to 17 August, and the accelerator programme for the five qualified startups will commence in Q3.

Also Read

One Sophia sells 30% of units at weekend launch

SLA launches tender to revitalise Tanjong Katong Complex

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit