The pair, which teamed up to back 90 North in 2011 and have seen that company grow to a propco with more than $1.5bn (£1.1bn) of asset under management, is looking to deliver the same success with its latest investment.
London-based 90 North Real Estate Partners has sold Lenovo Enterprise Campus, a three-building office campus in Morrisville, for $135.3 million.
Having experienced first-hand the property market’s need for disruption, Dominic Wilson helped launch Pi Labs to invest in proptech startups. However, he warns that he has no patience for impolite founders
The London property tech, or proptech, scene is grabbing attention across the globe, as the $13bn (£9.4bn) US investment firm Varde Partners has today scooped a stake in venture capital firm Pi Labs, City A.M. can reveal.
AskPorter, an artificial intelligence-powered property management platform, has raised more than £500,000 from investors, including the proptech venture capital firm Pi Labs.
We caught up with Faisal Butt, founder of private equity boutique Spire Ventures, proptech venture capital firm, Pi Labs and Hamilton Bradshaw Real Estate which he co-founded with former Dragons Den star James Caan.
A property management company is the latest to receive financial backing from the venture capitalists behind online agent eMoov.
Israeli fund manager MiDeal Group has acquired the Volkswagen logistics centre in Kassel, Germany, from 90 North Real Estate Partners, for €52 million.The 90,300-square metre property, is leased to and operated by Rudolph Automotive Logistik, long-standing partners of Volkswagen.
90 North Real Estate has bought Exeter One, a student housing scheme next to the University of Exeter, from Chesterman Consultants for £18,575,000.
Property Innovation Labs (Pi Labs), an accelerator-turned-early-stage VC fund that invests in property tech startups ‘pre-Series A’, has closed a second fund of $10 million, from which it plans to make a total of 35 investments.