The world’s second largest property manager will use Yardi across its entire European portfolio, including 100 Bishopsgate
Adopted by one of the largest property managers in the world yardi across its entire European portfolio.
Brookfield Properties, which manages more than 325 square meters of property in 675 properties around the world, will replace many of its legacy systems with:
The deal will introduce Yardi software in some of the UK’s most popular office buildings, including 100 Bishopsgate. Brookfield’s European portfolio includes 27 properties in the UK and Germany, more than half of which are located in Berlin.
Yardi said it was able to provide more transparency and oversight and help simplify fee-for-service processes for Brookfield’s commercial, retail and industrial portfolio.
AJ Dawes, vice president of real estate finance at Brookfield, said: “We’ve been able to combine financial accounting and property management processes using an integrated platform, which has improved efficiency and helped us scale the business even further.
“Yardi’s technology has enabled us to quickly and accurately report the performance of our assets and investments and enable better-informed business decisions.”
“We look forward to working closely with the Brookfield team to facilitate operational efficiencies, increase reporting and premium services for tenants,” said Neil Gemasmer, Vice President of Yardi International.
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