Grannstaden decreases vacancy with 42%
Head of Property Management: “We could see it in black and white: this is how much money we are leaving on the table in the form of vacancies. We don't have time to deal with this many inquiries. This is how much a full-time employee costs.”
At Grannstaden, Homepal is almost always open in the background. For Niclas Nilsson, Head of Property Management, it is particularly valuable when it is time to compile statistics for reporting to the board.
"I use Homepal to follow trends in rental losses and vacancy rates, and to quickly see if we are heading in the right direction. I have it open almost all the time. For us at Grannstaden, who have high ambitions when it comes to renovation, it is also important to get an accurate picture of the type of vacancy in question: is it vacant without a tenant or is it vacant due to renovation? This is where Homepal comes in and gives us a quick and clear picture of the situation."
It was precisely these trends that led to an important decision. For some time, the rental department had been under heavy pressure following a major acquisition in 2024, which contributed to apartments standing empty for unnecessarily long periods. With the help of the data in Homepal, the decision was easy.
"We could see it in black and white: this is how much money we are leaving on the table in the form of vacancies. We don't have time to deal with this many enquiries. This is how much a full-time employee costs."
It became clear that it would be worthwhile to hire another person in the rental department to keep up with all the inquiries and enable even more proactive work with the rental process.
That was eight months ago. Since then, vacancies have decreased by 42%.
“Homepal provides a clear picture that also easily justified strengthening and hiring in the rental team.”
When we ask Niclas what has been crucial, he comes back to simplicity:
“Homepal makes it easier to manage property data, a high-resolution image that is auto-generated."
