Our vision, investor information and leadership team profiles
Real estate is a competitive space, especially for Real Estate Investment Trusts (REIT).
A REIT is a business that buys and operates real estate and makes it available for private parties to invest in. Some of the key challenges this REIT faced was the ability to predict profitability of new real estate opportunities and cost-effectively manage operations at the facilities they own. To overcome these challenges, they require a better understanding of mobility.
To gain a deeper, more reliable understanding, they needed a source with a high capture rate. Which means they wanted to work with someone who could provide data in high frequency. That’s where Wejo came in.
With Wejo's smart mobility tool, this REIT was able to analyze road usage trends within an hour driving radius from existing and potential properties in their portfolio, which enhanced their property prospecting capabilities. They were also able to improve labor pools to staff facilities and understand demographic data at amore granular level.
Want to see how they did it?
Read the full customer study to understand the challenges this REIT faced, the solution Wejo offered and the results.