LONDON—Cushman & Wakefield andSpire Ventures have entered into a strategicpartnership with Pi Labs, Europe's firstproperty-focused technology accelerator company. Founded byFaisal Butt (Founder and CEO of Spire Ventures,formerly known as Hamilton Bradshaw Real Estate)and Umesh Kumar (former Techstarsand Oxygen associate) Pi Labs was created toassist start-ups focused on property and technology innovation. Theprogram will accelerate the growth of these companies by providingthem with access to investment, mentoring and business space.

This move underlines Cushman & Wakefield's commitment tosupport and drive innovation in property and tech hubsglobally.

From October 2014, innovative property start-ups will be able toapply to join the Pi Labs accelerator program which will be locatedwithin Second Home, a new iconic 20,000square-foot space in Shoreditch, London. Founded byRohan Silva, former adviser to DavidCameron and chief architect of London's Tech Cityinitiative, Second Home will set new global standards inthe provision of stimulating private and social workplaceenvironments supporting collaboration and co-working amongstcreative and technology businesses.