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Perennial (Singapore) Retail Management Pte. Ltd. Selects Yardi Voyager

Yardi announced today that Perennial (Singapore) Retail Management Pte. Ltd. has selected Yardi Voyager® as its new core technology platform. Initial deployment of Yardi Voyager will take place at its retail properties in Singapore.

Once Yardi Voyager is implemented for property management and accounting, Perennial will further streamline business operations by adding new Yardi products. Yardi Advanced Budgeting & Forecasting™ is an automated toolset that increases profitability by reducing budget cycle times and delivering accurate budget projections, valuations and forecasts. Yardi Commercial Leasing Pad™ is a fully mobile solution that shortens the leasing lifecycle by combining contact and prospect management with portfolio health analytics and business intelligence.

“In addition to providing a versatile core platform upon which we can easily add Yardi products as our business needs expand, Voyager delivers seamless business continuity with a Software as a Service offering that lets us set our own schedule for upgrades, new releases and plug-ins,” said Jong Sin Foo, chief financial officer for Perennial Retail Management.

“Following implementation of Voyager by the Yardi Professional Services Group, Perennial will be the latest major retail shopping center owner and developer to benefit from this comprehensive property and financial management solution,” said Neal Gemassmer, vice president, international sales at Yardi. “Perennial was one of 30 new Yardi clients in the Asia Pacific region in 2013, a testament to Voyager as a leading solution in the industry.”

About Perennial (Singapore) Retail Management Pte. Ltd.

Singapore-based Perennial (Singapore) Retail Management Pte. Ltd., a subsidiary of Perennial Real Estate Holdings, is a real estate development, investment, property management and capital management company that focuses on predominantly retail mixed-use developments in Singapore and China, its core markets. For more information, visit www.chinatownpoint.com.sg.

About Yardi

Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. The Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Australia, Asia, Middle East, Europe and North America. For more information, visit www.yardi.hk.

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