A.J. Real Estate, a Dutch-based invesor in a mix of asset classes with a focus on supermarkets as well as residential assets, has selected Yardi as its technology partner to manage, invest, develop and redevelop commercial real estate for its shareholders. A.J. Real Estate’s investment portfolio includes 2.7 million square feet of commercial space in supermarkets, distribution centers and offices with over 200 tenants in the Netherlands.
A.J. Real Estate has adopted Yardi Voyager Commercial to streamline property and financial management operations, Yardi Procure to Pay, an end-to-end procurement solution to streamline invoice processing and Yardi Lease Manager to visualize portfolio health, analyze tenant risk, manage collections and accurately measure asset performance.
“With the implementation of Yardi, we can take the next step in further professionalizing the organization,” said Dick Jacobs, financial controller at A.J. Real Estate. “The integration of Voyager, Lease Manager and, soon, the Yardi Elevate Suite, internal processes will be fully aligned, ensuring the quality of data and availability of management information will be guaranteed, which allows for faster and more efficient decision-making.”
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies.
