London estate agency LiFE Residential’s new investment arm LiFE Ventures, which offers seed investment and an incubator programme to early stage start-ups in the property sector, has invested in a UK-based key holding start-up.

KeyNest launched in June 2016 to ease the process of collecting and depositing keys between different user groups such as Airbnb or serviced apartment host and guest, agent and tenant or contractor, busy residents and cleaners, allowing key drop-off in 100 sites across the county to be collected using a single-use code.

LiFE Residential plans to have KeyNest exchange stores across their 13 London offices, holding keys for Airbnb and short-term rental guests, offering property professionals a place to transact and meet potential future customers.

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