Grosvenor invests into Taronga Ventures’s RealTech Fund supporting proptech startups

Grosvenor

Grosvenor Asia Pacific, the Asian arm of London-based international property company Grosvenor Group, has invested in Taronga Ventures’s RealTech Fund.

US-based PGIM Real Estate, CBRE, and others also joined the round.

“There is no doubt that our industry is being significantly impacted by technology. Partnering with Taronga, which has established itself as leaders in the space, gives us the opportunity to stay at the cusp of innovation and gain investment exposure to dynamic and growing companies carefully selected and supported by the Taronga team,” said Benjamin Cha, CEO of Grosvenor Asia Pacific.

Grosvenor Asia Pacific was launched in 1994 and is focused on both investment and development in residential, office and retail sectors in Hong Kong, Tokyo and Shanghai.

Taronga Ventures is a technology and innovation investor focused on the real estate sector and the wider built environment. The group consists of the RealTech Ventures Fund, the RealTechX Growth Program and Taronga Advisory and has offices in Singapore and Australia.

Also Read: Taronga Ventures expands its RealTechX programme to support Singapore’s proptech startups

The Fund invests in scalable technology and innovation that enhances or challenges the traditional real estate and infrastructure sectors. It is also focused on investing in strategic opportunities and providing its institutional partners with a first-mover advantage, whilst maintaining a focus on creating a better built environment, through sustainable and responsible investment practices.

“We have been working with Grosvenor Asia Pacific and their colleagues in the wider Grosvenor Group for many years and see a tremendous opportunity for emerging technology companies to scale within the Grosvenor portfolio globally,” opined Jonathan Hannam, Managing Partner of Taronga Ventures.

Join our e27 Telegram group, FB community or like the e27 Facebook page

Image Credit: Grosvenor

The post Grosvenor invests into Taronga Ventures’s RealTech Fund supporting proptech startups appeared first on e27.

,
Grosvenor

Grosvenor Asia Pacific, the Asian arm of London-based international property company Grosvenor Group, has invested in Taronga Ventures’s RealTech Fund.

US-based PGIM Real Estate, CBRE, and others also joined the round.

“There is no doubt that our industry is being significantly impacted by technology. Partnering with Taronga, which has established itself as leaders in the space, gives us the opportunity to stay at the cusp of innovation and gain investment exposure to dynamic and growing companies carefully selected and supported by the Taronga team,” said Benjamin Cha, CEO of Grosvenor Asia Pacific.

Grosvenor Asia Pacific was launched in 1994 and is focused on both investment and development in residential, office and retail sectors in Hong Kong, Tokyo and Shanghai.

Taronga Ventures is a technology and innovation investor focused on the real estate sector and the wider built environment. The group consists of the RealTech Ventures Fund, the RealTechX Growth Program and Taronga Advisory and has offices in Singapore and Australia.

Also Read: Taronga Ventures expands its RealTechX programme to support Singapore’s proptech startups

The Fund invests in scalable technology and innovation that enhances or challenges the traditional real estate and infrastructure sectors. It is also focused on investing in strategic opportunities and providing its institutional partners with a first-mover advantage, whilst maintaining a focus on creating a better built environment, through sustainable and responsible investment practices.

“We have been working with Grosvenor Asia Pacific and their colleagues in the wider Grosvenor Group for many years and see a tremendous opportunity for emerging technology companies to scale within the Grosvenor portfolio globally,” opined Jonathan Hannam, Managing Partner of Taronga Ventures.

Join our e27 Telegram group, FB community or like the e27 Facebook page

Image Credit: Grosvenor

The post Grosvenor invests into Taronga Ventures’s RealTech Fund supporting proptech startups appeared first on e27.

Leave a Reply