Knight Frank is backing Fifth Wall, a venture capital firm focused on real estate technology, with an investment into its European Real Estate Technology Fund.
With this fund, Fifth Wall aims to accelerate innovation across European property sectors, replicating the success of its Fund I and Fund II, which were focused on investing primarily in U.S.-based real estate technology startups. Fifth Wall hopes to bring this same level of engagement to European startups, connecting them with valuable solutions to some of the European real estate market’s most pressing challenges. Knight Frank’s investment in the Fifth Wall European Real Estate Technology Fund will provide the property consultancy with insights into future technology trends that are shaping the built world and disrupting the industry.
Alistair Elliott, senior partner and group chairman at Knight Frank, said,
