Qatari Diar gains improved property management with Yardi tech
DOHA
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Qatari Diar Real Estate Investment Company goes live with Yardi technology after a successful deployment of its commercial suite for its sales and leasing operations and financial ecosystem at Lusail City in Doha.
As Qatari Diar's flagship project, Lusail City is the largest single development to be undertaken in the country. More than 200,000 residents will live in Lusail's scenic surroundings, with 170,000 expected to work in the city's different districts and 80,000 anticipated to visit its entertainment and recreation facilities.
"The rollout of Yardi's real estate technology across property management, property financials, leasing, sales, city management and facility management has delivered a fully connected, single source of truth across multiple asset types," said Amany Abu Hassan, director of IT for Qatari Diar.
"Not only are we managing these processes with greater efficiency, but we are able to gain easier access to a wide range of real estate performance information and business KPI's through a single platform," he stated.
"After the success of the initial implementation, we will begin rolling out additional Yardi solutions across our remaining real estate portfolios in Qatar, Egypt and International," noted Abu Hasan.
Yardi VP (International) Neal Gemassmer said: "Our technology has helped Qatari Diar digitise its processes, allowing for easier access to the right data within one platform."
"We're thrilled that the company is already seeing results after the 6-month project and Yardi will continue to support Qatari Diar's goals for future growth," he added.
