Tribe Property Technologies Inc. (TSX-V:TRBE) said it has partnered with Bluemyth Technologies, a Canada-based internet application company, to bring smart parcel delivery solutions to strata and condo buildings.
"We see this as an incredible opportunity to transform the community-living experience for those already living in multi-family residential communities in Canada," said Joseph Nakhla, Tribe CEO in a statement.
The partnership brings customized smart locker subscription services to Tribe communities, eliminating the need for residents to wait for parcels and simplifying the process for property managers and on-site staff. Tribe manages approximately 40,000 homes made up of over 100,000 residents.
"Where upfront installation costs can be a common barrier for an existing strata or condo building, Bluemyth's subscription-based model, inclusive of installation and maintenance fees, provides financial flexibility, while adding value to building," noted Nakhla.
WATCH: Tribe Property Technologies adds to portfolio by acquiring Rental management Assets
Online shopping and home delivery continue to boom. In 2021, Canadian shoppers made an average of 27.4 online purchases per year, up from 16.6 in 2019.
"We look forward to bringing our flexible, contactless, and secure locker solutions to Tribe communities to support the lifestyle and sustainable needs of residential communities, while freeing up property managers from managing hundreds of parcel deliveries,” said Sheena Wang, COO of Bluemyth Technologies.
“BlueBox, our smart parcel locker solution, will also positively impact the environmental aspect of Tribe Communities," added Wang.
BlueBox provides convenience for building management and residents by automating parcel delivery at an affordable rate.
Tribe is a property technology company that is digitizing the traditional property management industry. As a rapidly growing tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers.
Tribe's three revenue pillars are made up of software and service (recurring licensing and management fees), transactional (rent or condo fees, banking services, lease-ups) and digital services and partnership (smart building products, financial and insurance service) revenue.
Tribe manages approximately 40,000 homes made up of more than 100,000 residents. The company's proprietary community management software Tribe Home is integrated into every community with its ability to connect, inform, educate and protect through the digitization and simplification of residential community living.