a large end market with significant unmet need.an extraordinarily talented employee base, and.Looking through these superficial considerations, we saw a company with: In 2019, many saw Green Street as a narrow provider of research focused on the public real estate investment trust ecosystem, with a legacy transactional revenue model and significant regulatory oversight. We saw in Green Street an opportunity to transform the business. It has innovated consistently for nearly four decades to be the gold standard destination for participants in the commercial real estate ecosystem. Green Street fits squarely within that investment mandate, serving as a premier provider of commercial real estate intelligence and analytics across research, data and exclusive news.
We believe this market has historically been opaque and slow to embrace technology relative to other industries, and thus is ripe for disruption. Green Street sits at the intersection of our sector focuses in Data & Analytics and PropTech, where we look to invest in businesses that are providing data and software to drive more informed decision-making, investing, and asset management for the commercial real estate industry.
New York, New York, AugWith the announced transaction to sell a majority interest in Green Street later this year, we take a step back to reflect on the initial investment thesis, and the transformation of Green Street over the last 3 years. Inside The Deal is a series from the WCAS Investor team providing insight into our investments
0 kommentar(er)
