Spain: Lavanda’s property management technology has been adopted by residential developer and operator Node for its operations across Spain.
Node started in 2016, pioneering the concept of curated living with next generation, high density and flexible urban rental communities. It now has a portfolio of almost 6,000 units with a further 27 projects under development across the world.
Node’s vision is to create a global network of buildings and communities that will cater to growing consumer demand for a range of lease options. To help achieve its vision, Node needed to replace its legacy property management system (PMS) with a new software platform allowing it to flex its lettings model and accommodate different customer profiles seeking a variety of lease terms.
Lavanda says its customer-focused PMS allows Node to offer a personalised service to a new generation of residents who value adaptability and flexibility over being tied to rigid long-term contracts. Now, it can offer a mixed strategy of short, medium and long-term stays in the same building, allowing the company to diversify its assets and adapt them to fluctuations in demand.
Esteve Almirall, Node’s partner and global managing director, said: “As the number of people moving around the world increases, Node’s vision is focused on creating a network of buildings and communities around the globe to meet the growing demand from these types of consumers. We want our customers to feel at home, no matter how long or short their stay, to live and share experiences, and to connect them with the destination they’re staying in. To do this, we needed to partner with a technology platform like Lavanda, a company that understands this new type of resident, their tastes and needs.”
Fred Lerche-Lerchenborg, CEO of Lavanda, added: “We are delighted to add a recognised industry pioneer like Node to the Lavanda platform. Node is in so many ways a perfect case study of how leading residential developers and operators are now rapidly evolving to really understand and embrace flexibility, and the key role it plays in enabling them to innovate highly-differentiated, customer-centric living experiences. The company’s community ambition, its digital aspirations and its adoption of a flexible rental strategy all make for a perfect fit with Lavanda PMS and our future product roadmap. We look forward to being a supportive technology partner that enables Node to unlock the full potential of its business model.”
