Abloy UK has delved into multi-residential access trends and key market drivers in a new whitepaper, ‘The future of multi-residential access management,’ encompassing environments such as apartments, university accommodation, care homes, and more.
Key whitepaper findings
Increased efficiency: When deployed effectively, a digital access solution around the building becomes a seamless experience for the resident and a reputation enhancer for the housing provider, delivering a concrete ROI.
Mobile keys: The growing appeal of mobile or smartphone keys was also highlighted, with many renters now expecting the convenience of the mobile world, in everything from food delivery to banking and travel.
Connected experience: With mobile access, they get a connected experience, moving around the building hassle-free, between their apartment and common areas such as a gym, laundry room or private gardens.
Key control & access rights: Instead of a bunch of keys, they carry one flexible, shareable virtual key to let visitors in remotely; they can share temporary keys, with visitors or family, which expire automatically.
Smart energy & security: Home automation systems, when properly integrated with digital access, also offer benefits such as smarter energy usage and real-time security notifications, with enhanced convenience, connectivity, and control.
Improved security and facilities management
Digitalisation also benefits property owners, investors, and managers. It creates an efficient way to provide building security for tenants and their visitors, as well as temporary service providers or contractors.
With a digital system, service providers carry access credentials that fit their precise time and location requirements, with flexible access issued for multiple premises if required.
With digital access, facilities staff no longer spend hours on traditional key management and they do not need to change locks when keys go missing. Any lost credential is quickly deleted from the system, and it won’t unlock doors, cabinets, or any other access-controlled openings.
Chris Pike, Business Development Manager, Multi Occupancy at Abloy UK said, “multi-residential housing, or multi-family as it’s also known, is Europe’s second-largest real estate sector, and we are seeing digitalisation gathering pace in this arena with the market witnessing a complete transformation.
“Digitalisation has penetrated almost every area of daily life, so it makes sense that such technology keeps people and property safe too. Access and security management can often lead to a move towards digital solutions, streamlining operations and making life more convenient for residents, property managers, and landlords.
“When tenants or homeowners choose a multi-residential property, they place their faith in property managers to deliver security and safety without hassle or worry. Building managers return this trust with responsibility, even in the face of time and cost pressures which inevitably come in a competitive market.
“Access shouldn’t be a hassle; it should be seamless and convenient for both tenants and property managers. From an investment point of view, digitalisation provides more than just this immediate ROI.
“We have extensive expertise in security and access control; however, no one can predict with 100 per cent certainty where this market is heading. Certainly, installing digital systems in new-builds – and retrofitting them wirelessly to existing locations – is the best way to future-proof a multi-residential property for whatever comes next.”