- CBRE Group Inc CBRE Has 100 million dollars invested in the commercial real estate technology platform VTS.
- CBRE will also join the board of directors of VTS.
- It will work with VTS to introduce the VTS platform as the technology platform of choice for agency leasing and property management teams in the United States
- In 2021, the VTS platform executed over $31 billion worth of leases, adding more than 2 billion square feet of assets.
- Other investors include BentallGreenOak, AmTrust, Brookfield Ventures and Insight Venture Partners.
- “VTS is one of the most successful proptech companies in the history of our sector. Their proprietary technology has redefined how industry professionals lease and manage space,” said CEO Bob Sulentic.
- Price promotion: CBRE shares trade 0.14% lower at $77.03 on the latest check Tuesday.
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