CREtech Announces New Climate Tech Initiative Sponsored by Fifth Wall
- Capital Markets
Fifth Wall helps CREtech Launch CREtech Climate Platform Aimed At Educating the Real Estate Industry About Climate Tech Issues
New York, NY (December 18, 2020) — CREtech, the largest intelligence platform devoted to Reimagining Real Estate, announced today a new marketing partnership with Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry, focused exclusively on climate tech. CREtech will launch the CREtech Climate platform sponsored by Fifth Wall in early 2021.
As the largest single contributor to climate change, the real estate industry is responsible for 30-40% of all greenhouse gas emissions. The new CREtech Climate platform will be devoted to educating the real estate community about climate tech, providing daily content newsletters, virtual and physical events, webinars/forums, and market research.
“At Fifth Wall, we’re on a mission to help the real estate industry decarbonize through investments in Climate Tech, and we believe this new endeavor with CREtech is an important step in educating the industry on its path to zero-carbon real estate,” stated Brendan Wallace, Co-Founder and Managing Partner, Fifth Wall.
Through industry-level education, the CREtech Climate platform can serve as the “voice” of the real estate industry’s commitment to climate tech by building a global community of sustainability and ESG leaders, corporate leaders, venture capitalists, startups, service providers, governmental leaders, and academia to drive investment and adoption in real estate climate tech by utilizing meaningful change through investment and adoption.
“The real estate industry has an opportunity to be an extraordinary catalyst for meaningful change in addressing the critical issue of climate change and this initiative with Fifth Wall will be an accelerant in driving not just awareness, but forcing measurable action as well,” Michael Beckerman, CEO, CREtech commented. “As one of the most meaningful and important initiatives in my long career in real estate, I can think of no better company and leader than Fifth Wall and Brendan Wallace to partner with,” Beckerman concluded.
Get early access to the CREtech Climate platform by signing up here.
CREtech is Reimagining Real Estate. We are the largest international community of professionals devoted to technological innovation in the real estate sector. Our mission is to help the industry embrace, adopt and future proof their businesses. Our intelligence, event and consulting platform inspires the next generation of ideas, processes and people to champion the world's largest asset class. CREtech’s main website and platform, CREtech.com consists of a 100,000 plus global audience of real estate tech professionals.
About Fifth Wall
Founded in 2016 and based in Los Angeles, California, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology-driven innovation for the global real estate industry. With approximately $1.2 billion in commitments and capital under management, Fifth Wall connects many of the world's largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 60 investors from 14 countries, including Acadia Realty Trust, Azora, BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, D.R. Horton, Equity Residential, Gecina, GLP, Hines, Host Hotels & Resorts, Hudson Pacific Properties, Lennar, Lowe's Home Improvement, Macerich, Marriott International, MERLIN Properties, MetLife Investment Management, Mitsubishi Estate, News Corp, MOMENI, Nuveen Real Estate, Pontos Group, Prologis, PulteGroup, Related Companies, SEGRO, Starwood Capital, Toll Brothers, Vanke, and others. Fifth Wall believes this strategic corporate consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in game-changing investments and collaborations in promising portfolio companies in retail, residential and multi-family, commercial, industrial, hospitality, and more. For more information about Fifth Wall, its partners, and portfolio, visit www.fifthwall.com.
- climate change
- climate tech
- fifth wall
- brendan wallace