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 the launch of VTS Activate Workplace, which builds upon the proptech leader’s existing history in tenant experience technology. VTS Activate Workplace is the newest offering under VTS Activate and is tailored specifically for companies to create personal, exceptional end-to-end experiences in and across their offices to activate every employee, team, and workplace. The first workplace experience application that can combine native workplace and building systems into one application, VTS Activate Workplace provides technology and insights to solve today’s unique challenges, including bolstering in-office demand, evolving employee expectations, and the continued prevalence of hybrid work policies. With VTS Activate Workplace, companies can transform and elevate the workplace experience and connect employees with one configurable app to activate spaces and talent with experiences that reflect their brand and culture, everywhere they work. According to VTS’ 2024 Global Workplace Report, an independent survey of hundreds of business leaders around the world, 93% of companies believe a personalized app with company and building-specific information and experiences will boost on-site employee attendance. VTS Activate Workplace provides a direct, branded channel between a company and its talent, and strengthens the connection between companies, office owners, and operators

NEW YORK--(BUSINESS WIRE)--Nationally, demand for office space recorded its ninth straight month of positive year-over-year growth, just as work-from-home rates hit their lowest levels since the onset of the pandemic. Up 18.2 percent in Q1 and 12.1 percent from February to March, the national VODI now sits at 65 percent of its average 2018-2019 level, according to the quarterly VTS Office Demand Index (VODI). The VODI tracks unique new tenant tour requirements of office properties in core U.S. markets, and is the earliest available indicator of upcoming office leasing activity as well as the only commercial real estate index to explicitly track new tenant demand. Supporting the need for office space is declining work-from-home rates across major office markets. After the initial push to return to the office in 2022, the share of days worked from home actually began to rise in 2023, peaking in October 2023 before plummeting 31.4 percent from November 2023 to March 20241

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 that it has launched a revolutionary new resident experience technology offering, VTS Activate Multifamily. The announcement builds upon the proptech leader’s momentum with the launch in May 2023 of VTS Activate – the industry’s leading tenant experience solution for commercial real estate, and comes after the 2021 acquisition of Rise Buildings – an established name in the multifamily resident technology space. VTS Activate Multifamily marks a pivotal moment in VTS’ corporate journey, as the proptech leader, known mainly for its innovation in commercial real estate, makes a significant investment in the multifamily space through this new resident experience technology offering. This momentum for VTS in the multifamily space is solidified with the news that major residential industry players Lendlease, Habitat, and Stonehenge have all selected and deployed VTS Activate as their resident experience solution of choice for properties across their portfolio, resulting in a 400% growth rate for the multifamily platform. To date, VTS Activate Multifamily has a user base of over 250K residents, across 500+ buildings globally, making VTS Activate the largest resident and tenant experience platform in the world. VTS Activate Multifamily provides owners and operators with a new solution to fully integrate and elevate their on-site experience in multifamily properties – increasing resident satisfaction and equipping teams to best serve them