Using artificial intelligence and millions of data points, EstateLogs optimizes the daily property management tasks of supervision, maintenance, and fault reporting. Operational data from more than 100 properties is collected, analyzed and processed in the company’s platform, which uses machine learning to progressively improve its calculations and recommendations.
“Operational and energy issues have never been more important than they are today. The investment in EstateLogs significantly strengthens our offering in property management. We also see great opportunities for integrations and synergies with Hydda’s other solutions,” comments Philip Göransson, Hydda’s Chief Commercial Officer.
New co-owners in Hydda
The deal means that Hydda Group acquires EstateLogs from its previous owners, Neptunia Invest and Brunswick Real Estate, who will become shareholders in Hydda. The two companies join Vasakronan and BLQ Invest as owners in Hydda Group.
“This is a really good investment that means Hydda’s offering is expanded with another appreciated solution. We also get two new property companies as co-owners. Vasakronan, Neptunia and Brunswick are a really strong trio, and we hope that more property companies will join Hydda on our journey toward becoming Europe’s leading PropTech powerhouse,” says Hydda CEO Martina Skande.
The sellers are also pleased with the deal. David Hävermark, Partner at Brunswick Real Estate, says:
“Everyone wins. EstateLogs fits perfectly into Hydda’s portfolio of PropTech solutions and gets the best possible conditions to continue its development. At the same time, we go from being one of the owners of EstateLogs to becoming part of something considerably larger and more expansive with Hydda, Vasakronan, BLQ Invest, and Neptunia.”
Against the backdrop of Hydda’s rapid growth rate and ongoing expansion plans, an experienced HR manager is key. The role is vital to ensuring that we maintain efficiency while building a great culture and offering a fun and challenging work environment for everyone.
The Hydda family continues to grow! Our new controller Elisabet Hansson will mainly work with accounting and reporting in our fast growing group. As a change from all the everyday numbers, she also likes to paint – even if the studio at Sankt Eriksplan is now a thing of the past.
What can be achieved in a year? Quite a lot, with the right people and partners. Today it’s exactly one year since Hydda was founded and since our partnership and collaboration with Blq Invest and Sweden’s largest property owner, Vasakronan, began.
Having the best solutions is not enough. The market and target groups also need to know who you are and like your brand. Hydda’s new Marketing and Communications Officer Karin Gunnerbeck will play an important role in making Hydda Group the leading proptech powerhouse in Europe.
