PropTech Breakthrough, a leading independent market intelligence organisation that evaluates and recognises standout real estate technology companies, products, and services around the globe, announced that SALTO Homelok, a ground-breaking new smart access control solution for the residential market, is the recipient of its annual ‘Residential Shared Space Platform of the Year’ award.

“Homelok offers an incredible value proposition with its total Smart Building Ecosystem designed to meet the needs of multifamily property managers and deliver an unparalleled resident experience in today’s connected home market. This makes Homelok our choice for ‘Residential Shared Space Platform of the Year,’” said Bryan Vaughn, managing director of PropTech Breakthrough Awards.

“By blurring the lines between technology and real estate, Homelok offers comprehensive features, capabilities, proprietary software, and hardware technologies, and serves as a one-stop shop for all smart access needs. It is the ultimate solution that will revolutionise the way people access and live in their properties while offering a new level of security and convenience.”

The mission of the annual PropTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of top technology companies, solutions, and products in the real estate technology industry. This year’s program attracted more than 1,700 nominations from 12 countries.

SALTO Homelok is set to revolutionise residential living with its all-in-one solution that integrates smart access control technology, hardware, cloud software, digital keys, and global service support including Apple Wallet key compatibility. The platform offers a unique combination of flexibility and control with the fusion of cloud-based and standalone SALTO Virtual Network (SVN) smart access technology to optimise deployments. It also enables a smart building ecosystem, reducing infrastructure and complexity with no need for additional equipment such as servers.

SALTO is honoured to have been recognised by PropTech Breakthrough for Homelok’s efforts to provide advanced, residential-specific, smart access control solutions to multifamily and single-family housing, vacation rentals, and home care/ assisted living establishments, said Frederik Troester, general manager for SALTO Systems Oceania.

“We designed Homelok to meet the growing demand for connected home living and enable greater control and visibility. The result is the best access control solution of its kind. SALTO is setting the new standard in residential property access control and security operations and is revolutionising the operator and resident experience. We are thrilled to be recognised for our work in the 2023 PropTech Breakthrough Awards,” said Troester.

“Residents want seamless access without managing multiple keys. Property managers want a solution that is easy to install and manage, and provides seamless resident onboarding. Everyone wants physical security and protection for assets as well as a smarter living experience. SALTO Homelok delivers all this and more, providing convenient, secure, and technology-enabled living.”

Homelok features cloud management, allowing for full control of all access functions and features from the Homelok web app for both operators and residents. With simplified key management, residents can share and provide access from their apartment unit via a smartphone. It also provides access to authorised smart and mobile credentials for residents, visitors, and staff.