|By Business Wire||
|July 15, 2014 11:15 AM EDT||
JLL’s EMEA (Europe, Middle East, Africa) Property & Asset Management group signed a 10-year agreement with Yardi® to implement its market-leading Yardi Voyager® 7S software platform for its clients in EMEA.
This browser-independent, mobile-enabled integrated property, asset management and accounting system, combined with Yardi Orion™ Business Intelligence, will enable JLL to provide its client base with industry-leading service and easy mobile and tablet access to consistent, accurate information and advanced financial reporting. JLL’s clients will benefit from this scalable property and asset management platform as they look to expand their businesses locally and across European markets.
Countries in JLL’s EMEA region will begin a phased implementation of Yardi Voyager from the first half of 2015.
Yardi Voyager 7S has been adopted by more than 1,000 Yardi clients since 2013. In June 2014, it received a Realcomm Commercial Real Estate Digital Innovation Award for Real Estate Technology Innovation.
Richard Angliss, head of the EMEA Property & Asset Management team at JLL, commented: “This implementation is a significant investment in our property and asset management infrastructure. Voyager will align the technology platform of all our core businesses across the EMEA region, enabling consistent service and consolidated reporting to clients.”
Nick Lees, lead director of the Property & Asset Management group in the United Kingdom, added, “Our investment will constitute a major step toward mitigating risk for us and our clients amid rapid change in our industry. It will also support our strategic aim of leading the industry in occupier and customer engagement.”
Neal Gemassmer, vice president of international for Yardi, commented: “Yardi is excited that JLL has chosen to partner with us for its next-generation pan-European real estate management platform. We look forward to working closely with Richard and the JLL EMEA team.”
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit www.jll.co.uk.
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.