UAE property group deploys Yardi platform
Dubai, July 3, 2011
Nasser Lootah, one of Dubai’s leading real estate companies with a mixed use portfolio which focuses on office, retail and residential sector, has selected the property management platform from Yardi Systems.
Yardi Systems, a leading developer of software for investment, asset and property management, said its Voyager system is the most comprehensive single real estate management platform in the market today.
Having recently been through a process to assess and review how technology supports growth within their business, Nasser Lootah embarked on an evaluation of latest technologies available to the real estate industry.
As per the deal, Nasser Lootah will implement the Yardi Voyager platform utilising Yardi Cloud Services, a cost-effective, software provisioning and data management solution, further increasing operational efficiency with Yardi hosting and maintaining its property management system.
“We are very excited to be implementing Yardi,” remarked Riyadh Davids, general manager at Nasser Lootah Real Estate.
'The cloud services and single integrated system approach will mean we can make great improvements in streamlining our internal processes and client facing services,' Davids added.
'We are also firm believers that a strong local client base and the ability to support client’s needs in the UAE local is a particularly important aspect. Yardi clearly does this,' he stated.
Neal Gemassmer, VP for Yardi Systems in the Middle East said, “We are very happy to welcome Nasser Lootah Real Estate as a client.”
“We have been able to demonstrate our commitment to our local markets once again, not just through uniquely matching our solution’s features to meet the client’s requirements, but the ability to resource and support at the local level,” he added.
Yardi serves clients around the world from offices in Australia, Asia, Europe and North America.-TradeArabia News Service