UKREiiF VIDEO | Technology adoption: what challenges face the resi market

Investor requirements for more and better data on their residential assets are putting increasing pressure on operators to adopt tech solutions, according to Chloe Sachikonye, senior account executive at Yardi.

The amount of money flowing into build-to-rent, co-living, and PBSA means it is an exciting time for the living sector in the UK and Ireland.

However, the market is facing challenges around policy and compliance.

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“The way we rent today and the way we rent tomorrow are going to be very different,” Sachikonye said.

Investors want a “full audit trail” for their assets, which means operators have no choice but to embrace tech.

“This is not a rodeo. You have got to have full visibility of your data set, understand how your businesses are operating, and give information to investors [so they] can make informed decisions going forward,” she said.

To learn more about Yardi, visit yardi.co.uk