After successfully implementing Proprli across their managed Retail Fund, Altera is now extending the platform to include their managed Residential Fund. Currently, 6,615 homes are within scope, and this number will grow to over 7,000 in the near future.
With this step, Altera takes a next move in bringing structure and consistency to the technical management of residential real estate. This expansion marks an important moment in the collaboration between Altera and Proprli, working together to digitize and streamline day-to-day operations across property managers, assets, and teams.
One standard, multiple property managers
The portfolio is managed by multiple property managers, each with its own systems, teams, and way of working. Bringing structure across that complexity is not easy, but it’s exactly where Proprli makes the difference. The Proprli platform gives Altera and its property managers a shared digital environment for compliance, project tracking, and budget management. Everyone works in the same way, with the same data, in real time.
“Standardization is key to managing a large portfolio like ours,” says Niels van Wonderen, Head of Asset Management Residential at Altera. “Proprli gives us the tools to work smarter and be more proactive, not only within our own teams, but also in collaboration with the property managers we work with. That collaboration is crucial as we continue to drive operational efficiency and create long-term sustainable value across our residential assets.”
Laying the foundation for connected portfolios
Altera’s decision to roll out Proprli to its managed funds is more than operational, it’s strategic. By aligning workflows across funds, Proprli enables Altera to build a stronger foundation for data-driven decision making and portfolio governance, while keeping their internal systems in place.
"It is the next step in creating our digital management platform that enables fast, efficient, and high-quality data exchange with our stakeholders. With Proprli, we’re creating a unified way of working across multiple property managers,” says Danny Gerritsen, Digital Manager at Altera. “It gives us oversight, consistency, and the ability to act faster across our residential portfolio, something that’s only becoming more important."
Raising the bar for technical management, together
With Proprli, Altera gains full control over building compliance, project execution, procurement, and budget tracking, all in one place. From real-time updates on budget versus actuals to streamlined approvals, mandates, and project workflows, the platform brings clarity, speed, and consistency to every technical process. Manual coordination across teams is replaced by structured, automated flows, making it easier to stay in control while reducing operational friction.
What makes this rollout truly stand out is not just the scale, over 6,500 homes, but the way Altera has brought multiple external property managers together behind a single way of working. It’s a strong signal of what’s possible when owners take the lead in modernizing technical management.
“We’re currently seeing tremendous momentum in the residential market,” says Boudewijn Groot, Co-Founder & CEO at Proprli. “And collaborations like with Altera play a key role in that growth. When a respected institutional investment manager takes charge and succeeds in aligning multiple property managers on one platform, it not only improves their own operations, it gives the entire industry a push forward.”
As part of this collaboration, Altera and Proprli are also further developing key features like mandates, ensuring that operational governance becomes even more streamlined across portfolios. These joint innovations help set new standards for the entire industry.