NEW YORK--(BUSINESS WIRE)--VTS, the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today announced a number of major landlords have recently selected VTS Activate as their tenant experience solution of choice, marking significant growth for VTS, and bringing the total number of users on VTS Activate to over 1.5 million people, across over 29,000 tenant companies, in 21 countries globally. Since its launch in May 2023, VTS Activate has been the market’s leading tenant and property experience technology solution, as well as the most adopted.
Recent adoption of VTS Activate includes leading commercial real estate landlords and property managers such as Tishman Speyer, Paramount Group, RFR, Brookfield Properties, as well as CBRE Property Management. These notable additions to VTS Activate have contributed to an over 50% increase in growth over the past year. A key differentiator of VTS Activate that has added to its rapid growth is the adaptability of the solution itself, as it is the only experience platform serving every major real estate asset class. As a result, VTS Activate is also currently the largest resident experience platform in the world, across 700,000 multifamily units and growing. Additionally, VTS Activate is seeing rapid growth across workplace, industrial and international business through its UK and EU footprint. In an environment where landlords and property managers are tasked with not only improving experience but consolidating cost and their tech stack, VTS Activate has emerged as the leading solution to address these needs.
“In recent months, VTS Activate has experienced significant growth with some of the world’s leading landlords, especially as they begin to think about their long-term strategy across their different asset classes,” said Nick Romito, CEO of VTS. “VTS Activate has proven its scalability to drive value and provide best-in-class property and tenant experience, whether implemented at the portfolio-level, an individual building, apartment unit, or office suite. Landlords and property managers realize they need a technology solution that allows them to understand the needs of their occupants and manage their day-to-day on-site, while also acting as a command center for both their management teams as well as their customers.”
VTS Activate is the only end-to-end property and tenant experience platform that can combine native workplace and building systems into one application, providing technology and insights to solve today’s unique challenges, including bolstering in-office occupancy, evolving employee expectations, and the continued prevalence of hybrid work policies. With VTS Activate, landlords and tenant companies are on a single platform that transforms and elevates the workplace experience and connects employees with one configurable app to activate spaces and talent with experiences that reflect their brand and culture everywhere they work.
“Fostering best-in-class communication, engagement, and on-site experience is of the utmost importance for us today, and ensuring we understand our talent is crucial to providing an enticing, collaborative, and productive environment that employees want to be a part of,” said Todd Januzzi, Senior Vice President and Chief Information Officer of Paramount Group. “The Paramount Club is a world-class amenity center for tenants in New York, and the technology we selected for our portfolio needed to reflect this level of sophistication. After vetting a number of providers, we felt confident that VTS Activate was the best solution out there, providing the operational functionality, insights, and services needed to understand our teams, meet their needs, and optimize the office experience we create and deliver to them.”
About VTS
VTS is the industry's only technology platform that unifies owners, operators, brokers, and their customers across the commercial and residential real estate ecosystems. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party insights and collaboration engine in the industry, transforming how strategic decisions are made and executed by real estate professionals across the globe.
With the VTS Platform, consisting of VTS Lease, VTS Market, VTS Activate, and VTS Data, every stakeholder in real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 13 billion square feet of office, residential, retail, and industrial space is managed through our platform worldwide. VTS is utilized by over 45,000 professionals and over 1.2 million total users, including industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com.
