13 October 2021 · PRESS RELEASE

VTS announces the UK launch of VTS Market, with leading landlords and asset managers including Revantage signing up

VTS Market continues to experience momentum for digital leasing and marketing, Revantage is the first to sign up to VTS Market across Europe

London – 13 October 2021 – VTS, the commercial real estate industry’s (CRE) leading leasing, marketing, asset management, and tenant experience platform today announces that prominent UK landlords and asset managers including Revantage, Brookfield, Tishman Speyer, Bentall Green Oak, Ashby Capital, Gaw Capital, V7 and LM Stern are signing up to VTS Market, the commercial property industry’s first integrated, online marketing platform that enables landlords and their agency teams to market and lease their available spaces remotely for the first time. 

Revantage Europe, a real estate services platform established by Blackstone, is the first company in Europe to adopt VTS Market and is rolling it out across the majority of its London office assets, which totals approximately 3 million sq ft of space and incorporates 21 buildings including Chiswick Park, Broadgate Quarter and 25 North Colonnade. The company is aiming to drive efficiency in its prospect marketing to future tenants and the adoption of VTS Market forms a core part of its tech-driven and market-leading real estate strategy, building on its existing relationship with VTS.

VTS Market enables landlords to benefit from a fully digital, data-driven way to market and lease their spaces online, incorporating the industry’s most comprehensive and effective marketing content, including virtual tours, photos, 3D space renderings, refurbished floor plans, and 250+ verified data points for each space, and builds on the existing functionality of the VTS platform. 

In one click, leasing teams can review, approve, and publish spaces online on VTS Marketplace — a listings site exclusively for tenant reps to view, tour, and share virtual listing content for free. Moreover landlords are able to adopt a multi-channel approach to their leasing distribution directly via VTS, by publishing spaces to their own websites and email listings to their network of tenant reps.

Revantage joins many of the world’s leading landlords and asset managers in selecting VTS Market as their system of record for digital leasing and marketing with other global leaders including Brookfield Properties, Empire State Realty Trust, Hines, Oxford Properties Group, and RXR. 

Charlie Wade, EMEA Managing Director of VTS, said: “As we familiarise ourselves with an increasingly hybrid way of working, landlords and real estate agents need an interactive digital platform to market their space to prospective occupiers and the tenant rep community. VTS Market ensures that best-in-class digital content is integrated into existing workflows with powerful analytics to offer our customers competitive edge in the rapidly evolving leasing market. We are thrilled at the continued adoption by leading names including Revantage and look forward to seeing further feedback from the London market.”  

Ed Hodgson, Managing Director of Revantage, said: “We’re keen to maintain our competitive advantage in the leasing market and find alternate ways of marketing our spaces.  We are always embracing forward-thinking products that enable us to reach prospective occupiers and their agents, improving the information sharing dynamic across our portfolio with our customers. VTS Market provides an unparalleled modern, online marketing and leasing platform which has enabled us to offer prospective tenants a one-click experience of our space, distribute our content via a multi-channel approach and equally importantly, track our leads and analyse the response, which has proved critical to inform our leasing strategy.”

In addition to expanding its customer base for VTS Market, VTS also this summer formally launched VTS Rise, now the world’s leading tenant engagement platform to market, following its acquisition of Rise Buildings. VTS Rise enables landlords to curate the best possible environment for work and provides real-time, data-driven insights on how tenants are utilising space and amenities. The adoption of VTS Rise by the company's existing client base has seen the technology rolled out across 300 million sq ft of commercial real estate in 161 cities.

VTS manages over 12 billion sq ft of commercial real estate assets on the platform encompassing office, retail, and industrial properties. A third of office space in Central London offices is managed on the VTS platform. The company has experienced rapid growth and momentum since the beginning of 2020 expanding its global headcount by more than 30% and its 750+ client roster. Since the company’s inception, leases with a cumulative value of over $85bn have been executed on the platform across 44 countries. 

VTS Market and VTS Marketplace are now available in the UK. For more information and to request a demo, visit VTS.com.     

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About VTS 

VTS is commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. VTS Rise is the industry’s most comprehensive tenant experience solution, offering occupiers, building operators, and visitors an immersive, tech-enabled experience.

The VTS platform has a user base exceeding 43,000, where 38,000 occupier transactions were completed last year alone and boasts an impressive client roster including European leaders across the office, retail and industrial sectors such as Landsec, The Crown Estate, British Land, Europa, Oxford Properties, CBRE GI, GLP, Blackstone and Brookfield. Agency businesses across CRE also partner with VTS with CBRE, Colliers, BNP Paribas, Knight Frank, and C&W adopting the platform as one in every three square feet of office space in Central London is managed using the technology. To learn more about VTS visit www.vts.com.

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