ING and Smovin join forces to support real estate owners and managers
Brussels - ING Belgium collaborates with Smovin, a leading platform in the efficient management of real estate. This partnership allows professional real estate bank customers* to manage their real estate portfolio intuitively.
For real estate owners, the administration required when renting out a property is all too familiar. For example, drawing up and following up contracts, checking payments, ensuring rent is indexed, arranging insurance and keeping an eye on notice periods.
Using the Smovin platform, real estate owners and managers save time by automating their administrative tasks. It also gives them a clear, detailed view of the profitability of each property, so customers can devote themselves fully to optimising rental income management.
Albin Moreau, head of Business Lending at ING Belgium, said: “At ING, we aim to provide the best possible support through innovative solutions. This partnership with Smovin enables us to offer our professional real estate customers free access to the platform’s basic services, helping them to manage their real estate portfolios more efficiently. This new service is another important step in our efforts to simplify customers’ administrative tasks and improve their financial performance.”
Grégoire De Donnea, CEO at Smovin, said: “This partnership with ING reinforces our ambition to position Smovin as a European leader in digital rental management. By combining our technological expertise with the power of a major banking player, we offer real estate investors and property managers concrete tools to automate their property management, gain in efficiency and accelerate their development.”
Gianni De Muynck
About ING
ING Belgium is a universal bank that offers financial services to private customers, companies and institutional clients. ING Belgium SA/NV is a subsidiary of ING Group NV via ING Bank NV (www.ing.com).
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING’s ESG rating by MSCI was reconfirmed by MSCI as ‘AA’ in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell.
About Smovin
Smovin is a digital rental management solution for real estate investors and property managers. By automating administrative, financial and operational tasks - such as rents, reminders, indexing, charges and maintenance follow-up - Smovin enables simple, efficient and centralized management of real estate portfolios. Headquartered in Brussels, the company currently supports over 40,000 units in Belgium and France, and is expanding internationally.