Savills’ proptech investment subsidiary Grosvenor Hill Ventures has acquired Cureoscity, a tenant and workplace experience platform.
The latest in a flurry of acquisition and investment activity in the experience platform space, the transaction will see Cureoscity continue to operate as an independent business collaborating with the wider Savills group.
Founded in 2018, Cureoscity provides a digital platform which connects and enhances smart building capabilities. The platform is currently active across 12m sq ft, with real estate investors, developers and advisers including CC Land, Stanhope, Mitsui Fudosan and Oxford Properties among those that have implemented Cureoscity’s services.
Simon Shaw, chairman of Grosvenor Hill Ventures said: “Landlords and occupiers are increasingly looking to maximise place performance while enhancing customer experience, allowing tenants more connectivity and visibility of the building and its functionality. This acquisition will further strengthen the existing collaboration between Savills and Cureoscity, whilst accelerating the implementation of this technology across Savills managed portfolio.”
Chris Coleman-Brown, chief executive of Cureoscity, said: “This significant milestone in our story allows us to continue to scale our product and team to meet our evolving client’s demands, increase our product roadmap momentum and establish ourselves faster in the global marketplace.”
See also: Meet the new giants of workplace tech
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