The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
JOIN US FOR A ONE-DAY DEEP DIVE INTO THE FUTURE OF THE INDUSTRIAL SECTOR
FIND OUT HOW THE INDUSTRIAL MARKET IS CHANGING IN 2026
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
16
print
Print
TechnologyFri 06 Apr 18

Australian Proptech Company Expands New York Operation

7b8650de-06ed-4d85-947d-d9c6b59e1a13

Melbourne-based property technology company Equiem has signed a major deal with New York landlord, the $19.7bn Vornado Realty Trust, to install its technology portal in Vornado’s buildings.

The deal with the NYC landlord will see Equiem expand their operation into two of Vornado’s assets in New York City – One Penn Plaza and 90 Park Avenue – with further opportunity to expand into Vornado’s 1.85 million square metres of real estate throughout Manhattan.

Equiem started in 2011 in Melbourne as a small operation with a niche idea to connect the owners of buildings to their tenants. The company has built a platform which develops private internet-connected networks for owners to connect with their occupiers.

Equiem’s portal allows owners to offer their occupiers anything from free gym classes to discounted coffee and movie tickets.

The company now employs 250 people and services more than 4.8 million square metres of real estate across four countries, including the UK.

Related reading: Resistance is futile: How IoT Technologies Are Adding Value to Commercial Buildings

The buildings will be expected to foster stronger working communities through Equiem’s signature tenant engagement platform; a technology that will be incorporated to provide news, events, local area information, wellness programs, services, competitions and special offers.

Equiem chief executive Gabrielle McMillan will relocate to New York City to head the US operations.

Gabrielle McMillan, Equiem chief executive


Equiem’s deal with Vornado follows a recent agreement signed with Adams & Company to bring Equiem to its more than 603,000 square metres of Manhattan real estate.

Related reading: "Smart" Cities and Buildings: The Emergence of the Cyber Safe Building

McMillan said the overall expansion both in the US, UK and the Australian Pacific regions is being driven by a demand to better utilise the ecosystem of a building to enhance employee satisfaction.

“Companies internationally are investing in their employees’ happiness, health and wellbeing. Building owners are realising everyone in their building is a customer and see great value in being able to offer services to attract and retain high quality tenants,” she said.

“Much of today’s workforce is dominated by millennial professionals, who want to consume what they want at the exact moment they want it – whether it be news, products or services.”

Main image: One Penn Plaza, New York

OtherInternationalAustraliaMelbourneTechnologyDeal
ADVERTISEMENT
TOP STORIES
Multiplex Moderna facility
Exclusive

Industrial Subsectors Win Investor Attention as Demand Blossoms

Clare Burnett
7 Min
Bee Bricks hero
Exclusive

Beyond Green: The Rise of Net-Positive Architecture in Australia

Clare Burnett
7 Min
Exclusive

Central Element Hotel Debut Spearheads Oxford Street Renewal

Taryn Paris
8 Min
London skyline near the walkie talkie tower showing the 85 gracechurch street development.
Exclusive

Basilica to Business: London Office Tower’s Historic Rework

Renee McKeown
6 Min
Hotel Indigo Adelaide hero
Exclusive

Neighbourhood Hotels Reinvent Urban Hospitality

Clare Burnett
5 Min
View All >
Investa Approved Commercial 105-153 Miller Street North Sydney
Office

Investa Pursues Twin Strategy for North Sydney MLC Tower

Vanessa Croll
Leeka 188 Commercial Road Prahran HERO
Residential

Leeka Wins Nod for 32-Home Project at Prahran

Leon Della Bosca
Woden Village hero
Residential

Hellenic Club Plots 200-Home Stage for ACT Masterplan

Clare Burnett
A 12-storey office building and a six-storey community hub are also part of the plans for the Woden Village precinct…
LATEST
Investa Approved Commercial 105-153 Miller Street North Sydney
Office

Investa Pursues Twin Strategy for North Sydney MLC Tower

Vanessa Croll
5 Min
Leeka 188 Commercial Road Prahran HERO
Residential

Leeka Wins Nod for 32-Home Project at Prahran

Leon Della Bosca
2 Min
Woden Village hero
Residential

Hellenic Club Plots 200-Home Stage for ACT Masterplan

Clare Burnett
2 Min
Nambour CBD Rooming Accommodation DA hero
Affordable & Social Housing

‘Vertical Living’ Vision for Historic Sunshine Coast Town

Phil Bartsch
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/australian-proptech-company-expands-new-york-operation