Property News · August 12, 2018

US proptech fund Fifth Wall attracts strong interest from Hong Kong, Asian developers


Fifth Wall Ventures, a California-based venture capital firm that manages dedicated property technology funds, is seeing growing interest from Hong Kong and Asian property developers seeking to access new technologies.
Its second fund, targeted at US$400 million, is anticipating investments from “a handful” of Hong Kong developers, according to market sources.
Co-founder and managing partner Brendan Wallace refused to comment on the firm’s specific fundraising plan.
However,…

Source : South China Morning Post
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