Centuria signs agreement with parking technology provider BaseUp

Centuria Property Services, the asset management arm of Centuria Capital Group, has signed an implementation agreement with parking technology startup BaseUp.

Vacant parking bays in and around commercial properties owned by Centuria’s listed and unlisted property funds will be made available via the BaseUp app, where tenants can participate and register for short-term parking solutions.

BaseUp is a provider of smart parking technology to large tenants and landlords in the commercial property market.

BaseUp provides solutions that solve one of commercial real estate’s biggest problems – underutilised parking and a lack of flexibility. 

Matthew McQueen, Portfolio Manager at Centuria, commented: "After a highly successful pilot period at two of our assets, we have now signed up for all our property residents. 

"Those at the forefront of the commercial property market – office properties in particular – are increasingly focusing on the well-being of a building’s users, a significant aspect of which is convenience of commuting and end-of-trip."