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By PropTechBuzz
7/24/2026
If your portfolio could earn an extra 2–8% increase in NOI without major capex, would you act? Founders and B2B property leaders, your properties need a boost! Ancillary revenue platforms are the high-ROI lever that does just that. They turn overlooked spaces and routine resident interactions into recurring income. So, let’s consider a mid-sized multifamily property that installed a smart micro-market and on-demand laundry lockers: within six months, it saw a measurable lift in ancillary revenue and resident satisfaction level, while operations remained largely unchanged. Solution: Ancillary revenue creates diversified, low-capex income streams to protect NOI. Solution: Tech-driven platforms focus on usage data, automation, and partnerships to ensure services match resident demand. Solution: Marketplace and managed models remove installation, stocking, and day-to-day management from property teams. Today’s ancillary revenue platforms turn underused spaces into income generators while simplifying operations. They enable on-site retail, on-demand services, and shared resources that residents actually use — and are designed to run with minimal overhead for property teams. Notable solutions reshaping the market An IoT-driven amenity platform that gives residential and commercial properties on-demand access to essentials, premium lifestyle products, shared equipment, convenience retail, printing, and micro-mobility, and all of this controlled from a single digital interface. By bringing goods and services into the building, TULU boosts resident satisfaction while creating new revenue streams. A smart vending marketplace that pairs property owners with vetted local vending operators. The platform handles free installation, stocking, and ongoing management of vending machines and micro-markets, allowing properties to offer convenient retail options without upfront costs or added operational burden. Ancillary revenue is no longer an optional add-on but an essential lever for smarter, more resilient property portfolios. Looking ahead, successful platforms will layer AI-driven personalization, predictive inventory management and demand forecasting, frictionless payments, and seamless integrations with building management systems and CRM platforms to deliver higher conversion and lower operational cost. They’ll also enable hyperlocal partnerships (pop-ups, micro-retail), autonomous delivery and micro-mobility hubs, and modular amenity units that scale with occupancy and tenant needs. For property leaders, investing in these technologies means more than incremental income: it creates adaptive, resident-first buildings that continuously optimize revenue while improving retention and brand value. Adopt the platforms that prioritize automation, data insights, and easy integration today and they’ll define the competitive properties of tomorrow.
How do modern ancillary platforms work?
TULU
Vending Village
Beyond Amenities, Toward Smarter Property Value
By PropTechBuzz
7/27/2026
Manchester-based PropTech company Street Group has secured a strategic growth investment from Hg, a software and services investor focused on European and transatlantic businesses.
The investment values Street Group at more than £200 million (approximately €233.8 million). Before this round, the company was backed by Manchester-based venture capital firm PXN Group, which invests in high-growth businesses across Northern England.
Founded in 2015 by siblings Tom Staff and Heather Staff, Street Group develops software for estate and letting agents across the UK. The company says the new investment will support product development, strengthen its artificial intelligence capabilities, and expand its technology team.
Tom Staff and Heather Staff, Co-CEOs and co-founders of Street Group, said the company was created to improve how estate and letting agents manage their daily operations. They added that Hg's experience in scaling software and AI businesses aligns with Street Group's long-term plans. According to the founders, the partnership will help the company invest further in its products, technology, and workforce while maintaining its customer-focused approach.
Street Group offers an integrated operating system designed for residential property professionals. Its portfolio includes Street.co.uk, a CRM platform for estate and letting agents, Spectre, a lead generation platform, and Cortex, an AI platform that enables customers to build and manage AI agents.
Today, the company employs more than 200 people and serves thousands of estate and letting agency branches across the UK.
Tom Staff and Heather Staff will remain majority shareholders and continue leading the business following the investment.
Louis Kinsella, Partner at Hg, said Street Group has established a strong position in the property software market through its technology and customer-focused products. He added that the company is well placed to benefit from the industry's shift towards modern software platforms, and Hg plans to support its next phase of growth.
Hg manages more than $110 billion in assets and employs over 400 people across Europe and North America. Its investment portfolio includes around 60 software and services businesses with a combined enterprise value of more than $190 billion.
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