BNP Paribas Real Estate Selects Yardi for Netherlands

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Oct 08, 2018, 00:00 ET

AMSTERDAM, October 8, 2018 /PRNewswire/ --

One of Europe's fastest growing real estate firms will utilise fully connected, cloud-based software solution to manage commercial real estate assets

BNP Paribas Real Estate Property Management has selected Yardi® as its technology partner to provide cloud-based asset and property management software solutions for clients in the Netherlands.

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BNP Paribas Real Estate selected a range of solutions to suit its asset services needs. These solutions not only consolidate the power of the portfolio data, but help deliver enhanced tenant and investor services, greater transparency, enhanced reporting and will streamline processes and operational costs.

Yardi will be the pillar for BNP Paribas Real Estate Property Management services which operates within BNP Paribas Netherlands as an independent business line providing high-end property management services. The property management team is able to draw on extensive and intimate knowledge of the market and assets and to provide support and advice on the most diverse scope of property management services.

"We are very pleased to have Yardi in place enabling us to increase our efficiency together with our quality and to secure our future growth in a responsible way." said Michiel Campagne, director Property Management of BNP Paribas Real Estate Netherlands B.V.

Yardi Voyager will streamline property and financial management, while Yardi® Advanced Budgeting & Forecasting will automate financial health measurement and enable flexible forecasts and budgets using data drawn from Voyager. The company is also integrating COMMERCIALCafé to support tenant attraction and retention, property marketing and tenant services. Yardi Investment Management will automate investment accounting, performance measurement, and investor reporting cycles. Additional solutions adopted include Yardi Advanced Maintenance, Yardi Job Cost and Yardi PAYscan.

"We are excited to welcome BNP Paribas Real Estate," said Neal Gemassmer, vice president of international for Yardi. "We are looking forward to working with one of the leading real estate brands in Europe and are excited to be delivering a broad range of solutions that will help enhance many aspects of their real estate life cycle."

About BNP Paribas Real Estate

BNP Paribas Real Estate Netherlands is the Dutch real estate subsidiary of BNP Paribas Real Estate. The company was originally established in 2008. It first operated as an alliance of Atisreal (now BNP Paribas Real Estate). As per the end of 2012 it operates as a fully owned office of BNP Paribas Real Estate. BNP Paribas Real Estate Netherlands is a full service provider covering the complete life cycle of property investments across the Netherlands and all asset classes.

BNP Paribas Real Estate Netherlands is rapidly emerging as one of the leading real estate advisors in The Netherlands. For more information, visit realestate.bnpparibas.nl.

About Yardi

Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. For more information, visit yardi.com/eu.

SOURCE Yardi