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Sign in Sign up for a FREE subscriptionFifth Wall holds $503m proptech fund
Real estate–focused venture capital firm Fifth Wall has raised $503 million for its second fund, the largest real estate venture capital fund raised to date.
The fund will invest in real estate technology, or proptech, companies.
Fifth Wall’s first fund was raised from nine strategic real estate investors in the United States only.
Fund II attracted strong global investor interest from more than 50 corporate strategic investors from 11 countries, bringing the firm’s total assets under management to over $1 billion. Some of the investors participating in Fund II include Gecina in France, MERLIN Properties in Spain, British Land and SEGRO in the U.K., Kenedix and Mitsubishi Estate in Japan, Keppel Corporation in Singapore, and many in the United States, including CBRE, Cushman & Wakefield, D.R. Horton, Equity Residential, Essent, Hines, Host Hotels & Resorts, Hudson Pacific Properties, Lennar, Macerich, Marriott International, MetLife Investment Ma
