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CBRE backs real estate tech investment fund Fifth Wall Ventures

CBRE Group has become a founding anchor investor in Fifth Wall Ventures Management, a venture capital fund that claims to be the first fund to focus entirely on backing property technology start-ups.
By Kasmira Jefford
May 3, 2017 | 6:26 P.M.

The fund closed with $212m of capital commitments, with CBRE as the only real estate services company invested in the fund.Other Fifth Wall Ventures anchor investors included Equity Residential, Host Hotels, Hines, Lennar, Macerich and Prologis.

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