Lavanda and Utopi partner to streamline operations and boost efficiency across multifamily and student portfolios.
- Partnership will integrate property management and building performance data
- Integration helps operators reduce costs, improve ESG credentials and streamline operations
- Venture responds to growing demand for tighter integrations with property management systems
Property technology company Lavanda and data solutions and ESG technology specialist Utopi have today entered into a strategic partnership to streamline performance, drive sustainability and boost rental income across multifamily and student accommodation portfolios.
Lavanda OpenPMS now integrates seamlessly with Utopi’s building performance data platform, enabling operators to unlock significant operational benefits while minimising energy consumption and controlling carbon emissions.
What each platform does
OpenPMS is Lavanda’s API-first, end-to-end property management platform designed to power highly automated, digital-first renter experiences that realise performance improvements in student accommodation and multifamily portfolios.
The multi award-winning Utopi Platform generates billions of live data points, providing operators with real-time insights to optimise asset performance, reduce utility costs, and strengthen ESG performance across their portfolios.
Why integrating the two has been hard
Historically, established and legacy property management systems have been difficult to integrate with, causing frustration within the sector due to a lack of collaboration among providers of cutting-edge technology. Costly development times and a cautious approach to potential overlap and competition have hindered innovation in the industry.
Lavanda and Utopi decided to form a strategic partnership because, as fully open systems, they recognised that helping clients access the right information requires a collaborative approach among technology providers.
What operators get from the pair
By leveraging the combined capabilities of both platforms, operators can reduce utility costs, improve ESG performance, increase rental income, and reduce tenant churn. The integration also allows users to centralise and streamline operations, enhance their data stack, and improve their profit and loss impact - all contributing to increased asset value across their portfolios.
The partnership will allow both new builds and retrofit assets to optimise utility usage, gain full remote control of site temperatures, and enhance tenant engagement - all through a unified platform.
What the partners say
Our partnership with Utopi means we are meeting demand for solutions that not only streamline property management but also deliver measurable ESG and energy efficiency outcomes. By integrating Lavanda’s OpenPMS with Utopi’s data-driven insights, this partnership provides operators with cutting-edge property management technology designed to drive sustainability, reduce operating costs and significantly elevate the overall performance of assets.
This partnership means we are pushing the boundaries of what’s possible in ESG and energy management across managed residential property portfolios. By combining our strengths, we are enabling operators to drive unparalleled levels of efficiency, reduce operational costs and enhance the overall value of their assets.
