Vivenio, one of Spain’s leading build-to-rent (BTR) developer-operators, has announced a strategic partnership with proptech platform Lavanda to accelerate the rollout of its new Flex Living strategy across a portfolio of more than 6,400 homes.
Backed by Dutch pension fund APG and Australia’s Aware Super, the Spanish real estate investment trust (REIT) is adopting Lavanda’s next-generation property management system (PMS) to enable short- and medium-term rentals alongside traditional long-term leases.
The Flex Living approach is currently being piloted at several Vivenio properties and will expand across its 50+ operational assets throughout Madrid, Catalonia, Málaga, the Valencian Community and the Balearic Islands over the coming year.
The move reflects rising tenant demand for more adaptable rental options, particularly among digital nomads, business travellers, and relocating professionals — a shift that requires landlords to embrace agile, tech-enabled operating models.
“Lavanda PMS will enable us to complement our core portfolio of long-term rentals with new capabilities in the Flex Living space,” said Elias Esayag, COO at Vivenio. “The demand for more flexible rental options is there, but this in turn demands a new level of agility and innovation in property management. Lavanda’s PMS provides us with the platform needed to meet those, creating new revenue streams.”
“Ultimately, this partnership will allow us to efficiently manage our properties, respond swiftly to occupier needs and maintain our commitment to excellence as we expand our Flex Living portfolio.”
Founded in 2017, Vivenio has quickly established itself as a dominant player in Spain’s growing BTR market. In 2023, it acquired four residential buildings in Madrid, adding 556 homes to its portfolio and pushing total asset value beyond €1.8 billion.
Lavanda CEO Fred Lerche-Lerchenborg welcomed the partnership, saying: “With Lavanda’s advanced PMS, Vivenio will be able to implement their Flex Living strategy with unprecedented efficiency and flexibility. Our technology is purpose-built to support BTR operators develop and deliver on their Flex strategies, and we look forward to supporting Vivenio in setting a new benchmark in the Spanish market for adaptable rental solutions.”
As the BTR sector continues to evolve across Europe, this partnership highlights the growing convergence of real estate and technology — with forward-thinking operators like Vivenio leading the way in delivering innovative, resident-focused living solutions.
