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Adam Burstow joins Concrete VC

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Nicola Byrne

Adam Burstow GrosvenorAdam Burstow, ex-digital and IT director at Grosvenor, has joined the specialist proptech fund Concrete VC as a venture partner.

He will be sitting alongside current venture partners Ben Lerner of advisory firm Lerner Associates and Angelica Donati, president and CEO of builder-developer Donati Immobiliare.

Concrete will benefit from Burstow’s extensive experience in real estate and strategy consulting. Burstow left developer Grosvenor in September, where he was responsible for all aspects of technology including infrastructure systems and information security, business systems, corporate data platforms and digital strategy.

Burstow began his career as consulting manager at multinational provider of HVAC systems Johnson Controls, advising on real estate strategy and facility operations. He then went on to become a senior manager within KPMG’s real estate and construction practice.

Prior to joining Grosvenor, he spent 11 years at Telereal Trillium, a commercial property management, development and investment company. As the information systems director he was responsible for IT strategy, programme and operations for all infrastructure and business systems.

Burstow is also co-chair of Urban Land Institute’s tech forum, which brings city, real estate, technology and innovation professionals together to share knowledge, best practice and creative thinking to enable innovative solutions to be applied to the urban environment.

Founded in 2016 by Taylor Wescoatt, London-based Concrete VC works with investment partners, including Starwood, JLLSpark and U+I, to deploy minority investment capital into exciting early-stage startups.

Companies that have received investment so far include, Hubble, District, BuildSafe, Matterport, Measurabl, Homie and more.

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