|By Business Wire||
|April 23, 2014 02:00 AM EDT||
Since becoming a Yardi client in March 2009, industrial investor and asset management company M7 Real Estate has enjoyed such a successful period of growth that the company now has offices based in Amsterdam, Copenhagen, Frankfurt and Warsaw and manages over 250 assets that comprise 17,000,000 square feet of real estate.
M7 Real Estate not only uses Yardi Voyager within its own business, their property management and fund accounting partners also use the platform to ensure the integrity and accuracy of their property data. “M7’s business is extremely data heavy in nature,” explains John Croft, Director - M7 Real Estate. “The management of our real estate data and the ability to report quickly and accurately is a crucial part of our operations, the Yardi platform underpins this. We are now pleased to be implementing the Advanced Budgeting and Forecasting module which, as we move forward, will be used for all of our real estate forecasting.”
The scalable nature of the Voyager platform has suited M7’s growth pattern. Yardi Voyager has been rolled out across European operations in line with business expansion and following recent acquisitions in both the Netherlands and Denmark the company has utilised investment management and multi-currency translations with re-valuations and consolidation capabilities.
“We are pleased that M7 continues to leverage Voyager and that the dynamic nature of the platform easily expands functionality in-line with their growth patterns,” comments Colin O’Reilly, regional manager, UK sales at Yardi. “The flexibility of our solution helps the company meet evolving business requirements, achieve efficiency targets and maintain growth.”
About M7 Real Estate
M7 Real Estate is a leading pan European specialist investor and asset manager of multi-let light industrial real estate, with operations currently in the UK, Denmark, The Netherlands, Germany and Poland. Formed in 2009, the team consists of 40 staff.
M7 manages a portfolio of over 250 assets comprising 17,000,000 sq ft across the five jurisdictions with a capital value in excess of €600,000,000. Its JV partners include Oaktree Capital Management, Starwood Capital, H.I.G Capital and M&G Investments. For more information, visit www.m7re.co.uk.
Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, Yardi Multifamily Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Europe, Australia, Asia, the Middle East, and North America. More information about Yardi products and services is available at www.yardi.co.uk.
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
Aug. 30, 2015 01:00 PM EDT Reads: 257
Aug. 30, 2015 12:00 PM EDT Reads: 249
Aug. 30, 2015 11:00 AM EDT Reads: 157
Aug. 30, 2015 10:30 AM EDT Reads: 425
Aug. 30, 2015 10:30 AM EDT Reads: 861
Aug. 30, 2015 10:15 AM EDT Reads: 208
Aug. 30, 2015 10:00 AM EDT Reads: 327
Aug. 30, 2015 10:00 AM EDT Reads: 216
Aug. 30, 2015 09:45 AM EDT Reads: 178
Aug. 30, 2015 09:15 AM EDT Reads: 602
Aug. 30, 2015 09:15 AM EDT Reads: 432
Aug. 30, 2015 08:45 AM EDT Reads: 334
Aug. 30, 2015 08:45 AM EDT Reads: 155
Aug. 30, 2015 08:45 AM EDT Reads: 566
Aug. 30, 2015 08:30 AM EDT Reads: 385