ABU DHABI, United Arab Emirates - Tuesday, May 17th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Reem Mall, a new world class shopping, leisure and entertainment destination in Abu Dhabi, has automated property management and accounting with Yardi Voyager® 7S, a tablet-compatible, Software as a Service property management and accounting platform.
Reem Mall also implemented Yardi Commercial LeasingPad™, which provides contact and prospect management as well as portfolio health analytics with business intelligence on mobile devices.
“We chose Voyager because it is the best solution for managing a development such as Reem Mall,” comments Shane Eldstrom, Chief Operating Officer for Al Farwaniya Property Developments. “We are pleased to have adopted a solution that can accommodate large and diversified portfolios, but also support specific needs to cater for individual asset types. We are looking forward to streamlining our processes and utilising the solution to help us provide enhanced services to our tenants and drive our real estate strategy.”
“Our goal remains helping our clients in the Middle East operate more efficiently with an end-to-end real estate platform and as a result, help them drive revenue,” said Neal Gemassmer, vice president of international for Yardi. “Reem Mall has joined a growing portfolio of clients that are live on Voyager, centralising their data in the cloud to reduce overhead costs and increase flexibility and security.”
About Reem Mall
Reem Mall will be a major retail, leisure, dining and entertainment destination for families in the heart of Abu Dhabi. The 2-million square feet of gross leasable area (of 2.9 million square feet of gross floor area) will feature 450 units including 85 restaurants, 3 department stores, one of the largest hypermarket spaces in the region, as well as unique entertainment and edutainment features - including the world’s largest snow play park.
The project, developed by NREC and UPAC at a cost of $1 billion, is strategically located at the entrance of Reem Island, and will become a leading destination shopping centre in one of the most vibrant and growing cities in the MENA region. Its proximity to downtown, the ample parking, its modern high-quality design and its complete offering truly position this mall in a class of its own. For more information, visit: www.reemmall.ae
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: www.yardi.com.
Martin Gedny – Marketing Manager (Europe & Middle East)