|By Business Wire||
|April 2, 2014 01:00 AM EDT||
Yardi announced today that Redefine International has selected the Yardi Voyager® platform to manage its real estate investment and property management operations.
“Redefine International’s investment policy is to provide investors with strong investment returns and a balanced exposure to lower risk, income generating assets and opportunities that provide higher capital return,” explains Andrew Rowell, finance director for Redefine International. “Yardi will help us achieve greater control of operating costs, streamline our multi-currency consolidations, and enhance our ability to forecast income streams and deliver more competitive, value-driven client services.”
Redefine International is incorporated in the Isle of Man and has a portfolio that has been independently valued in excess of £1bn. Redefine International is included in the FTSE SmallCap, FTSE All-Share and the EPRA indices and is a highly rated UK mid-cap REIT with a proven, solid international track record in excess of 10 years.
“We are very pleased to welcome Redefine International as a new client,” comments Colin O’Reilly, regional sales manager for Yardi. “The mandate at Redefine was clear – to reduce operational costs with a solution that epitomizes and enhances its own investment policy. Helping our clients drive consistently healthy returns is paramount to what we do.”
About Redefine International
Redefine International is an income-focused diversified REIT headquartered in the United Kingdom and has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the JSE. The Group is focused on real estate investment in large, well-developed economies with established transparent real estate markets. The investment portfolio is geographically diversified across the UK, Europe and Australia providing exposure to the retail, commercial and hotel property sectors.
Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, Yardi Multifamily Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Europe, Australia, Asia, the Middle East, and North America. More information about Yardi products and services is available at www.yardi.co.uk.