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Hammerson teams up with property technology startup

U.K.-based retail landlord Hammerson PLC partnered with property technology startup platform Concrete.

Through the partnership with Concrete, which was launched by tech startup investor Seedcamp and real estate venture capital and private equity firm Starwood Capital Group, Hammerson will enhance its focus on new technologies and innovation.

Concrete will collaborate with other startups to tackle challenges across property development, leasing, asset management, acquisitions and disposals, according to a release.

The partnership is already working with online workspace platform Hubble and legal artificial intelligence company Beaglie.ai, among others, Hammerson noted. Concrete has partnered with JLL, Skanska and Fora, and completed 10 investments to date.