FLASH And Brookfield Partners Up To Shape Global Mobility And Smart Cities

Integrated connected mobility journey for FLASH and accelerated office and multifamily EV charging.

FREMONT, CA: "FLASH's best-in-class mobility hub operating system will allow Brookfield to integrate our investments in real estate, construction, infrastructure, and climate technology that are leading the transformation toward smarter, connected cities. Consumers and tenants are seeking a seamless and personalized experience. Our partnership will drive the transformation of urban mobility and the real estate landscape - setting the new standard for a more efficient, cleaner, and cost-effective ecosystem." says Josh Raffaelli, Managing Partner at Brookfield.

FLASH, one of the global leaders in cloud parking software and mobility transformation, expands its strategic relationship with Brookfield, one of the world's leading investment management firms concentrating on real estate, renewable energy, infrastructure, and private equity. The collaboration includes a $40 million strategic investment from Brookfield's technology growth investment. It will transform the tenant experience to fully leverage FLASH's connected mobility and vehicle electrification solutions across Brookfield's diverse global real estate holdings in Smart Cities worldwide.

"The impact of this expanded partnership goes far beyond FLASH and Brookfield. This is a major industry step towards the transformation of global real estate assets into a dynamic network of connected mobility hubs, bringing us all closer to achieving our goals for an integrated smart city ecosystem. FLASH and Brookfield are 100% aligned in this transformative vision and committed to working together to fully connect the driver experience and modernize our cities." says Dan Sharplin, Executive Chairman and CEO of FLASH.

The strategic alliance adds integrated digital solutions for seamless access through machine-vision, real-time parking and EV charging reservations, convenient mobile payments, and a suite of digital management and intelligence tools to Brookfield's office, residential, retail, and hospitality assets. Urban real estate is easily connected with hundreds of millions of potential customers because of FLASH's integrations with leading cars, entertainment, and hospitality companies, global mapping, navigation, and payment platforms.

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