INDUSTRY NEWSNationalNEWS

Meriton and MRI Software partner in built-for-rent project

Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000 apartments across NSW and QLD online as part of a new three-year contract with the global real estate software leader.

Meriton Managing Director Harry Triguboff is a driving force behind the strategic decision to upgrade Meriton’s “digital views” using the latest Artificial Intelligence (AI)-led property technology from MRI Software in Australia.

Meriton selected MRI PropertyTree, Maintenance Plus and MRI Property Management X as core solutions for its advanced PropTech transformation, which will see residents, investors and owners enjoying new and improved “digital views” in 2022.

The two-phase digital transformation project saw 4500 Meriton apartments, managed on behalf of other investors, mostly in Sydney, go online with MRI Software and various integrated partner solutions in November 2021.

The remaining 4500 Meriton-owned built-for-rent properties will go online from June 2022.

Meriton apartment residents will benefit from easy online options for maintenance requests, rent payments and lease inquiries.

Meriton’s corporate team will be equipped to automate all accounting, lease applications, and maintenance management, as well as generate real-time data-driven reporting on active and upcoming building developments to provide an unprecedented level of collaboration and visibility.

The open and connected nature of MRI’s solutions was cited as a reason for its selection as the preferred PropTech provider for Meriton.

MRI PropertyTree and Maintenance Plus will be integrated with Australian PropTech startups Sorted Services and Bricks+Agent for optimal property, tenancy and maintenance management options for the residential apartments.

MRI’s enterprise solution, Property Management X, was previously selected by Meriton to manage its commercial portfolio across Australia.

MRI Software Managing Director and Senior Vice President (Asia Pacific) David Bowie said the software provider was proud to join forces with Meriton.

“Meriton and Harry Triguboff are household names in Australian property,” he said.

“It’s an honour to partner with Meriton in building their next-generation PropTech platform.

“From their commercial business with MRI Property Management X through to PropertyTree giving investors, agents and property managers a centralised view of every apartment, and tenants enjoying mobile-enabled, easy online access for everything to do with their Meriton home, it’s great to see so many of the MRI product family involved too.”

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