With global EV sales hitting record highs in 2024, now is the time for forward-looking real estate investment trusts (REITs) and other large-portfolio players to increase the value of holdings by installing electric vehicle charging.
EV charging stations not only invite desirable tenants, customers, and employees, but are a reliable source of direct revenue — significantly strengthening a property’s position within an evolving market.
Prime Locations for REIT EV Charging
REIT portfolios are rich in opportunities for creating new revenue streams through EV charging:
Multi-Unit Residential Buildings
Attract and retain high-value residents who own an EV or plan to in the future, giving your residential properties an edge over the competition.
High-Usage Commercial Areas
Encourage repeat customers by installing chargers near businesses that typically require longer parking sessions, such as shopping centres, restaurants, hotels, and community hubs.
Workplaces
Equip employers with a powerful asset that improves employee satisfaction and retention. (Some employers even subsidize charging costs to attract top-notch talent and build their reputation for social responsibility.)
Underutilized Parking Lots
Are you getting full value out of your parking stalls, parking lots, and unused spaces with parking potential? Charging stations modernize parking, transforming lots into eco-friendly, customer-oriented experiences.
Charging Strategies Built for REIT Portfolios
You can structure charging rates to best suit your business model and the drivers who use your charging stations:
1. Pay-Per-Use
Drivers pay a fee to use a charging station that’s based on the electricity consumed, time spent charging, or time spent parked.
2. Subscription Models
A recurring monthly or annual fee gives drivers access to a set or network of chargers to use within prescribed limits.
3. Parking Passes
Tie EV charging to monthly parking passes to increase the value of choosing your lot.
4. Dynamic Pricing
Adjust pricing to reflect charger speeds, high-demand hours, or fluctuating electricity rates.
Hypercharge Pro Tip: Check the Charging Revenue Calculator to estimate how much annual charging revenue you can earn with Hypercharge charging solutions.
Cutting-Edge Tech that Maximizes Revenue
Hypercharge’s customizable EV charging solutions make it easy to align revenue model(s) with your tenants’ needs and overall business goals:
EV Charging for REIT Tenants
With Quantev™ Operations Suite, you can organize residential and commercial tenants into user groups with custom pricing for each.
This advanced analytics and management cloud-based platform tracks payments and monitors stations in real time.
Quantev also produces robust reporting, so you can analyze every aspect of your charging operation, from historic user stats to energy consumption to predictive data for strategic planning.
Public Charging
A 2024 McKinsey survey found that 42% of respondents who aren’t yet EVs owners don’t expect to be able to charge at home.
Filling gaps in the public charging network can significantly increase revenue and the visibility of your properties.
Advertising Opportunities
Select Hypercharge charging stations come with built-in advertising capabilities that can promote your properties and bring in additional revenue.
Autel MaxiCharger AC Pro, for example, boasts a vibrant 7-inch HD touchscreen that displays exceptionally sharp photo and videos for eye-catching ads, marketing campaigns, or simply conveying information to users.
Leveraging Carbon Credits
Canada’s Clean Fuel Regulations has established a market for carbon credits that you can access by joining the Hypercharge Carbon Credit Program.
You’ll earn carbon credits on energy dispensed during each charging session, which Hypercharge will manage on your behalf. Each year, we’ll reward your credits total with a cash or equipment payout.
Hypercharge Pro Tip: A Hypercharge EV Ready Plan can help you assess your tenants’ current and future needs.
Which Ownership Model is Right for You?
Hypercharge offers flexible ownership models, including the direct purchase of all EV equipment and leasing equipment.
Many REITs opt for Charging-as-a-Serving: We install and operate charging stations on your property; you earn a share of the revenue from charging fees. Charging-as-a-Service addresses the pressing demand for EV charging while significantly minimizing upfront costs.
For example, if you’re not ready to equip every residential parking space with an EV charging station, we can install a group of communal chargers for drivers to share.
With our futureproofing expertise, we’ll ensure you have the capacity to scale up when you’re ready and keep all your technology updated and functioning smoothly.
Talk to Hypercharge
Deploying EV charging across a REIT portfolio requires more than hardware — it takes the right strategy, funding alignment, and long-term planning.
Hypercharge delivers tailored EV charging systems that support recurring revenue, increase asset value, and align with the needs of residential and commercial properties across North America.
Schedule a free EV charging consultation with one of our experts to explore how your properties can generate new revenue and stay competitive with future-ready EV charging infrastructure.