19-05-2025
- Business
- Travel Daily News
Spanish REIT Vivenio adopts proptech platform Lavanda
Vivenio will leverage PMS to support the continued development of its Flex Living line. Roll-out of new line will be gradually ramped up across Vivenio's 6,400+-unit portfolio.
MADRID – Vivenio, the Spanish REIT participated by Dutch fund APG and the Australian fund Aware Super, has adopted proptech platform Lavanda to facilitate the development and delivery of its flexible rental strategy.
Vivenio, one of Spain's leading build-to-rent developer-operators, will leverage Lavanda's cutting-edge property management system to enable Flex Living across its portfolio.
The strategy, which is currently being trialled in a number of properties, will expand across Vivenio's 6,400 plus-home portfolio in the coming year. This will enable Vivenio to tap into growing demand for more short- and medium-term rental options alongside long-term rentals, catering to the needs of a broader range of tenants, guests and travellers.
The REIT currently manages more than 50 operational assets located across Spain in Madrid, Catalonia, Málaga, the Valencian Community and the Balearic Islands.
Elias Esayag, COO, Vivenio said: 'Lavanda PMS will enable us to complement our core portfolio of long-term rentals to leverage new capabilities in the Flex-Living space across our strong track record in the rental sector.
'The demand for more flexible rental options is there, but this in turn demands a new level of agility and innovation in property management. Lavanda's PMS provides us with the platform needed to meet those, creating new revenue streams.
'Ultimately, this partnership will allow us to efficiently manage our properties, respond swiftly to occupier needs and maintain our commitment to excellence as we expand our Flex Living portfolio.'
Established in 2017, Vivenio has rapidly expanded its presence in the Spanish Build-to-Rent market. Last year, the company acquired four residential buildings in Madrid – adding 556 homes to its portfolio – bringing the total number of homes to more than 6,400 and the total asset value more than 1.8 billion euros.
Fred Lerche-Lerchenborg, CEO, Lavanda, added: 'With Lavanda's advanced PMS, Vivenio will be able to implement their Flex Living strategy with unprecedented efficiency and flexibility. Our technology is purpose-built to support BTR operators develop and deliver on their Flex strategies, and we look forward to supporting Vivenio in setting a new benchmark in the Spanish market for adaptable rental solutions.'
