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If real estate asset management is like solving a Rubik’s cube at the best of times, then currently investors are attempting to do so blindfolded. How are some still solving the puzzle?   It is an investment ecosystem marked by complexity and inefficiency, with the need for hundreds of financial data points to inform decision-making, whilst data fragmentation is a significant challenge. A data-driven management approach is critical for RE investors to navigate the complex state of the industry. The most successful real estate investment companies are negotiating the challenges in digital transformation by carefully analyzing the opportunities and risks on the top management level, understanding the implications far and beyond their IT departments, and adopting a integrated approach when doing so. Read more about how you can increase ROI by adopting a data-driven management approach, and using integrated solutions, such as   iREMS International AG , to simplify the complexity, via the article below. 👇 Navigating the Complexity of Real Estate Asset Management https://lnkd.in/dD7mpVfh The Current Landscape If real estate asset management is like solving a Rubik’s cube at the best of times, then currently investors are attempting to do so blindfolded. It is an investment ecosystem marked by complexity and inefficiency, with the need for hundreds of financial data points to inform decision-making, compounded by regulatory requirements such as ESG reporting, creating a substantial data handling burden. In this environment, data fragmentation is a significant challenge, stemming from four primary factors: a risk-averse industry mindset, the fallacy of IT-only responsibility, perceived uniqueness of requirements, and departmental power games. These issues lead to ineffective financial data management, which ultimately hinders development and ROI. The Complexity of Financial Data Management Real estate investments involve a multitude of service providers, each producing and requiring data that needs to flow seamlessly to the top. However, this often results in fragmented data stacks, with companies operating multiple, non-integrated software platforms. For example, some real estate funds use up to 40 different software platforms to manage their data, “and none of them communicate with each other,” according to Lisa Stanley, CEO at OSCRE International. This fragmentation significantly impacts ROI, due to poor-quality financial data during the acquisition process and operational inefficiencies – the blindfolds that hinder investors as they attempt to solve problems. Whether its risk-averse mindsets slowing technological integration, or internal departmental power dynamics (where different teams hoard information and data), fragmentation can stem from various parts of investment businesses. If investors can address this data fragmentation, then they can successfully avoid the inefficiencies and costs that come with it, and open doorways to major organisational improvements. For instance, using AI in investment decisions can become an actionable reality, rather than an unattainable dream, as the high-quality, standardized data required by models to function accurately becomes more readily available. How A Data-Driven Management Approach Can Increase ROI   The most successful real estate investment companies are negotiating the challenges in digital transformation by carefully analyzing the opportunities and risks on the top management level, understanding the implications far and beyond their IT departments, and adopting a data-driven approach when doing so. This strategy involves integrating financial data across various platforms, enhancing data quality, and ensuring seamless access to critical information. This helps achieve significant improvements in ROI, including increased sales prices, faster due diligence, clearer strategy, faster and higher quality investor reports, and greater efficiency across the property management portfolio. If companies can effectively adopt this data-driven approach, then they are able to remove the blindfold and tackle the Rubik’s cube with an advantage over others in their industry. The Role of Integrated Solutions like iREMS iREMS exemplifies how integrated solutions can transform real estate asset management by addressing data fragmentation and enhancing operational efficiency. iREMS offers a centralized platform that integrates all financial data, providing a single source of truth for decision-makers – something that was distinctly lacking prior to that. The platform ensures real-time data access and visibility, allowing for informed decision-making and improved financial management. The “i” in their name stands for “Integrated”, emphasizing their focus on successfully assisting clients in their digital transformation journey by combining the business process, data model and IT system factors in a coherent way fully aligned with the business strategy. By automating data collection, processing, and reporting, iREMS make informed decisions at speed and scale, enabling significant portfolio improvements and a competitive advantage. Furthermore, by standardizing and enhancing data quality, iREMS prepares organizations to leverage AI and advanced analytics for more accurate and strategic investment decisions. Conclusion The complexity of real estate asset management requires a shift towards fast and accurate data-driven decision-making. By addressing the challenges of data fragmentation and leveraging advanced technologies, real estate firms can significantly improve their operational efficiency, decision-making capabilities, and overall ROI. iREMS stands as a powerful example of how modern technology can provide a competitive edge, offering a comprehensive platform that not only enhances financial data management but also prepares organizations for the future of AI-driven insights. Embracing this approach is no longer optional but essential for staying competitive and achieving sustainable growth in the real estate investment landscape.   Article written with iREMS hashtag#RealEstate   hashtag#AssetManagement   hashtag#DataDriven ---- 💡 Follow   PropTech Connect   for daily Real Estate and PropTech news and insights.

How do you know whether your building is under- or over-rented? Usually by comparing your rental price levels with the market rent. But what if you have the right unit prices but under- or overstated surfaces in your lease contracts? How do you reconcile rented space with LETTABLE measures specified in leases with re-measurements where the AS MEASURED numbers are increasingly diverging? How do you make sure two buildings in your portfolio are comparable in size? Which measures types do you take into consideration? How do accommodate a new tenant requesting to change the rented area surface in the lease contract without disrupting your GLA (gross lettable area) reporting? A well-devised Space Management Strategy provides a clear and customized approach to keep track of rented and vacant unit surfaces, both in terms of their physical potential and how they are rented. You need two views of your building: Contracted AS RENTED view: important, because it's your obligation. But it can be distorted due to negotiations and wrong measurements in the past. AS RENTED can change across tenants and duringh lease negotiations. AS MEASURED view: shows the true potential of your buildings, should only change if space is remeasured or physically changed (e.g. common area is converted to lettable space). This view should be your Single Source of Truth that can be used for portfolio-level aggregation and reporting. What you gain by maintaining both views across your entire portfolio: See true rentable potential of building Track degree of under/over renting Continuity in reporting by eliminating lease-related noise in your GLA total in time series-reporting Flexibility in lease negotiations by accommodating tenant requests to adjust surfaces rather than pricing in lease contracts Flexibility in re-measuring - remeasure at the best time, not at lease end How can you efficiently implement the Space Management Strategy: Define the goals and rules in your Space Management Strategy and obtain the buy-in from your asset management team. Create the necessary Unit Measure Types in your asset management system. iREMS provides a structured framework to keep track of multiple parallel Unit Measure Types per unit and changes over time. Document the known state to your buildings - add the Contracted measures to all rented units. Add the Measured measures to each unit that should be part of your GLA total. If you don’t have precise data from re-measurements, you can enter the Contracted same size for the time being and add a comment to the unit measure. If and when your buildings get re-measured, enter the new MEASURED sizes with the appropriate start date. Like this the GLA for each unit becomes more and more accurate over time. For each new lease with changed unit sizes, enter a new CONTRACTED unit measure starting from the lease start date, thus superseding the previous CONTRACTED measure. Like this you will always have an accurate and up-to-date picture of your over-/under-rented state. #iREMS #proptech #datadrivendecisions #assetmanagement #cleandata #digitaltransformation

💻 Clean Data is the cornerstone of effective, data-driven decision-making, which can allow real estate investors to maximise ROI.❓The question is, what is the journey to having Clean Data? Clean data – accurate, complete, and standardised data, allowing for meaningful analysis and insights – can bring real estate investment companies closer to 'ideal state' decision-making. This is where data sets delivered by various departments and service providers are seamlessly assembled in a central reporting system that represents the Single Source of Truth in an organisation. The journey to clean data is one that has multiple stages, from the people in the organisations, to the IT systems that provide the skeleton for clean data systems to thrive. Each stage isn't enough alone to bring a company fully through the journey, so they must be executed in tandem. Integrated solutions help companies to navigate this journey and ensure they effectively implement the steps required to have a clean data-driven approach to decision-making in their organisation. Read more about how clean data can transform your ROI, and using integrated solutions, such as   iREMS International AG , can facilitate this, via the article below. 👇 Introducing Clean Data to boost ROI https://lnkd.in/dSf5_QAc The Importance of Clean Data In the realm of real estate investment, clean data is the cornerstone of effective data-driven decision-making. Imagine a scenario where a Chief Investment Officer has access to a fully automated dashboard that integrates top-level data with asset-level data points and transactional data from service providers. The data sets delivered by the various departments and service providers are seamlessly assembled in a central reporting system that represents the Single Source of Truth. This is ideal state Data-Driven Decision Making and should be viewed as the end goal that all real estate investment companies are striving to achieve. Clean data – accurate, complete, and standardised data, allowing for meaningful analysis and insights – can bring real estate investment companies closer to this ideal state. In contrast, fragmented and inconsistent data lead to inefficiencies, poor decision-making, and significant financial losses. Therefore, achieving clean data is critical for real estate firms aiming to enhance their ROI and operational efficiency. The Journey to Clean Data Business Strategy and Company Culture – Clean data initiatives must start at the top, with clear goals and a mission statement from senior management. High-level data requirements should align with the company’s investment strategy and risk management objectives. Additionally, a culture that values data as a strategic asset must be fostered throughout the organization. People – Change management is essential to build momentum and get buy-in from all employees. Staff must be redeployed and upskilled to handle new data processes. Furthermore, top and middle management should adopt a cross-functional, data-driven management approach. Business Processes – Existing procedures need to be rethought and aligned with new business goals and technological capabilities. Implementing a Target Operating Model that adapts to the Unified Data Model and leveraging automation are crucial. Business Process Reengineering (BPR) techniques should be used to eliminate silos and unify processes, integrating all internal and external players. Data – Developing a Unified Data Model that ensures data continuity and provides drill-down and audit trails is vital. Establishing data entry standards and a centralized code system with a unified chart of accounts (CoA) will help maintain consistency. Eliminating departmental Excel files and ensuring semantic consistency across data points will prevent data fragmentation. Managing contractual relationships and data hand-over points with well-defined data contracts is also essential. IT Systems – Implementing modern software that empowers the automated collection and validation of financial digital twins at scale is necessary. Ensuring software capabilities align with data and business process requirements will enhance efficiency. Reducing system complexity and strictly enforcing data contracts on all interfaces will help avoid multiple sources of truth. IT systems are not where the journey starts, as people may commonly suspect, but they are vital for enabling the the integrated approach needed for clean data across a whole business. Benefits of Attaining Data Maturity A clean data-driven approach transforms how real estate investors manage portfolios and make investment decisions, offering great ROI. High-quality, integrated data enables better strategic and operational decisions at all levels. Compatibility between data produced and consumed by different departments and service providers minimizes errors. Moreover, clean data facilitates vertical integration and full drill-down capabilities improve data validation and auditing efficiency. Eliminating manual data aggregation and cleansing reduces operational costs for business and data rooms are always ready for due diligence and reporting, as data is continuously validated and kept clean. A Unified Data Model provides an aggregated, reliable view of all data which also prepares organizations to deploy AI tools the moment they become available, avoiding ad-hoc, isolated data clean up exercises under time pressure, and enhancing financial and investment-related insights. Conclusion Clean Data is a way of thinking, of talking to your service providers, tenants and investors, always based on clear and verified facts. If companies can transition to this , it will enable them to deploy ideal state data-driven decision making. iREMS exemplifies how integrated solutions can drive the journey to clean data. iREMS provides a centralized platform that integrates financial data, ensuring real-time access and visibility. By automating data collection, processing, and reporting, iREMS reduces errors and enhances efficiency. The platform supports the Unified Data Model, ensuring data consistency and preparing organizations for AI deployment. Through these strategies, iREMS helps real estate firms achieve a state of data maturity, guiding them through the steps in the journey to clean data. By embracing clean data, organizations can transform their operations, making data-driven decision-making a reality and driving sustainable growth. Written with iREMS hashtag#RealEstate   hashtag#AssetManagement   hashtag#CleanData ---- 💡 Follow   PropTech Connect   for daily Real Estate and PropTech news and insights.

Data fragmentation poses a significant challenge in real estate investment, having a measurable impact on ROI => but not just on your real estate investments! While looking around at the event keep in mind, that managing your financial data with #iREMS can also boost the efficiency of your "proptech investments". Visit our representatives at the iREMS booth #P12 #proptechconnect #datadrivendecisions #assetmanagement #cleandata #digitaltransformation

PropTech Vienna by PropTech Events will take place on June 13th at the Ottakringer Brewery. iREMS International AG will be represented by Andreas Kozma and Eszter Kozma. They look forward to discussing how owners and developers of international real estate funds can achieve Clean Data for their data-driven decision making. Visit them at the Pitch Box - Block II, 14-16h  to see how to achieve a Single Source of Truth in financial reporting. Get to know iREMS, the Clean Data Platform! hashtag#proptech hashtag#datadrivendecisions hashtag#assetmanagement hashtag#cleandata hashtag#digitaltransformation

by PropTech Connect PropTech Connect Webinar: How to Capitalise on Real Estate Opportunities in CEE Markets On Wednesday, 28th of February, Michal Bílý, Head of Research - CEE at 108 REAL ESTATE, Andreas Kozma, Founder & CEO at iREMS International AG, and Michal Sotak, Partner, Head of Capital Markets CZ & SK at Cushman & Wakefield, joined us on this session about the opportunities ahead in CEE markets. It was a pleasure hosting our fantastic speakers and learning a about where the market is going and where the opportunity lies across the real estate industry. In case you missed it, here are some key quotes from this week's webinar. The session recording can be accessed through the link here: https://proptechconnect.com/how-to-capitalize-on-real-estate-opportunities-in-cee-markets/ Webinar Highlights Current Trends: Where are we now in the CEE markets? Michal Sotak: "We are definitely in a period of increasing optimism and improving sentiment, and the long-term expectation is that interest rates will go down. (...) In CEE, yield levels are around 6% and financing costs are 4.5%, so there is clearly room for improvement and for yields to sharpen. Also, in Czech Republict the Czech Crown interest rates are going down, which will lead people to move away from the money market and to put more money into real estate funds so the local funds will see increasing flows this year. These funds compose 60%-80% of activity in Czech and they are a big part of the activity in Poland. Therefore, the combined drop in Euro interest rates and Czech interest rates will lead to increased activity and optimism on the real estate market in the city." Andreas Kozma: "We are definitely seeing the silver lining on the cloud. After last year's gloomy mood, now we are seeing increased activity. After a period where margins are squeezed for real estate funds and there's less safety buffer in the deals, it becomes clear that data and the cost of acquiring it becomes quite important. It is important to have vertically integrated high accuracy data across the value chain that is available in dashboards that update automatically. Overall, it is really exciting to have a digital twin of the building in financial terms which is almost as fast as the reality itself." Michal Bílý: "We have also seen a spike in investment deals. In fact, we saw that the first two months of 2024 were definitely better than the whole 2023. Although I don’t think interest rates are getting down to what they were like before, it will be interesting to see when interest rates will get back to a more attractive level for investors." Factors Influencing Changing Landscape: What drivers influence the changing real estate landscape the most? Michal Bílý: "In the Czech Republic, a very important topic is the new construction law aiming to make it easier for investors and developers to find a land plot, get the building permit and get the construction on the way to deliver premises to the client as fast as possible. For example, the European Union recently approved the microchip law in the EU, and now a Taiwan-based semiconductor manufacturing company will build a factory in Germany which will require subcontractors from Czech Republic and other countries in the region. These large scale projects are seen more and more by governing bodies as strategic assets, which will impact the real estate landscape." Andreas Kozma: "In the last couple of years in Central Europe, tax authorities have become more strict. Although this means that bureaucracy has increased and this put a significant system burden on operators of real estate operators, it has also put more pressure on industry players to innovate, automate and to bring in the electronic invoicing. There is also new sustainability regulation, which not only requires more information to be gained and analyzed around energy consumption, but also information around methods of commuting for example that needs to be collected and reported." Michal Sotak: "Nowadays, everybody accepts that sustainability is an absolute priority. Three years ago, people were discussing whether they should make their assets greener. I think that discussion is now completely gone. The only question is how much needs to be done, and generally the answer is as much as possible. If you can increase the energy efficiency of your building, you will simply invest into those areas because that is the money that you can get immediate return on investment because the preference for green product on the market is extremely strong." "The key question is now around occupation, and this simply cannot be ignored. Historically, there has been a lot of transparency when it comes to retail. We know how many people come into the shopping center, through which entrance, you know the turnovers of each individual tenant and their rent to sales ratio. Now, we are getting transparency in the office sector, where we see beyond just the tenant and the lease agreement and we can actually see how many people occupy the workstations in many cases. If you don't see that on individual asset level, we can see that on the market level thanks to various benchmarks and data collection opportunities that we have." Data Transparency: Real Estate data is becoming more accessible and reliable. What are the implications of this? Michal Sotak: "One of the challenges that Western capital faces when investing in CEE is that there are several relatively small countries that have their own laws, cultures, and other specifics. This makes it very difficult for Western investors to build portfolios that can be easily managed at scale, and this is where technology can help. Technology can help you manage a large portfolio of assets in Czech, Poland, Slovakia, Hungary, and this will definitely improve the perception of the region as it addresses the challenge of market fragmentation in Central Europe." Andreas Kozma: "With iREMS, we provide a platform which gathers data from various countries and adapts to country-specific legal environments. It provides a homogeneous and abstraction layer of the financial data that allows you to view your entire CEE portfolio combined even with Western European assets, all in one dashboard. This helps you basically to abstract away the differences. (...) There are multiple case studies for generative AI in real estate, but that is all publicly available information. This is not going to help you with your internal financial information, you still need to clean-up your data and technology can really help you with this." Michal Bílý: "I personally that the main impact is the changes in processes. Previously, it was all about having the information that no one else can access. Now, in the digital era, information accessed is much more balanced and the focus is on updating data quickly and effectively to apply it where it has a higher impact. It’s all about data distribution across the company and the business environment ecosystem. Companies need to set up effective processes, have the right tools available, and instruct people on how to work with the data available." Future Trajectory: What is your advice to RE Investors looking to enter CEE markets? Michal Sotak: "The opportunity is in sectors where there is high capital demand, where you can build at a cost that is lower than the exit values in order to make profit on development, and where there is a good occupational story that attracts Western investment. The industrial development sector in Poland is where all these factors are positive, and I expect Western investors as well as local and regional investors to invest into it. And when you look at project costs in Polish industrial versus the capital values, you can definitely make money on that sector. This is where I expect most activity this year." Michal Bílý: "I would like to advocate for manufacturing, because I think it is a very good indication of our geopolitical situation across the world, as well as projects connected to decarbonization goals. We saw how the war in Ukraine influenced the gas supplies and prices of electricity, and after that there was increased activity on solar panels and heat pumps. Also, the rising tension between China and Taiwan led the USA and Europe to create manufacturing capacities within their borders, which materialised through a massive money injection into this. (...) If I had to rank investment opportunities in CEE, I would say manufacturing, then retail, and then offices." Andreas Kozma: "Cross-country differences exist not only in the legal environment, but also in lease provisions and leasing conditions, and this puts an additional strain on existing systems because you need to store data that does not come from a unified data source. (...) You need to understand the semantic meanings of that in order to avoid expensive misunderstandings, and reduce the data silos by unifying everything to have a single view." Leaders from across the industry join the PropTech Connect webinars on a weekly basis to learn about the winning strategies to stay ahead of the curve. Register for our newsletter below to get notified of the upcoming webinar: https://proptechconnect.com/ Please find original article here: https://www.linkedin.com/pulse/how-capitalise-real-estate-opportunities-cee-markets-kwove/

#CEEPropertyForum2022 attracted several hundreds of real estate professionals focusing on current challenges and opportunities. The line-up of presentations and panel discussions as well as the outstanding networking opportunities at #PalaisNiederösterreich and #AndazViennaAmBelvedere meant a great source of inspiration for all participants. It was the perfect setting for us to introduce together with #Małgorzata Szymanek-Wilk, PwC RE CoE Leader, the new managed service based on the iREMS platform called PwC Real Estate Center of Excellence. #Andreas Kozma, CEO of iREMS has followed up on his series of presentations on the importance of Data Quality in real estate investments with the message this time focusing on the #DataModel He also participated the panel discussion, #Future-proof asset&facility management - Focus on data and technology, where panel chair, #SewerynaAfanasjew MRICS and discussion partners, #ZbigniewDeptuła, #LiborHolík, #DávidJakab MRICS all shared a common understanding that going forward - considering the ever growing need for cost- and efficiency consciousness - the role of data and data quality, supporting decision makings in asset & facility management is key! Thank you for the entire Property Forum team, especially for #CsanadCsuros, #AkosBudai #GaborBalaton for making meets like this possible! #PropertyForum2022 #iREMS #PwCRealEstateCenterofExcellencePoweredbyiREMS #DataQuality #integratedRealEstatePropertyManagement

by Property Forum The warehouse sector in the CEE region, although experiencing temporary problems, retains its attractiveness. The directions of its further development may vary depending on the location - this is how the panel discussion  „Full speed ahead – What's driving logistics developments?” could be summarised in brief. It was a part of the CEE Property Forum 2023 conference, which was held in September in Vienna by Property Forum. As the panel moderator Przemysław Piętak, Supply Chain Advisory Director Poland & CEE at CBRE, pointed out at the outset, the situation in the various warehousing markets in the CEE countries is not uniform. Ivan Pastier, Senior Business Development Manager at CTP ensured that the Slovakian market is still performing very well and attracting new tenants. „The demand is strong. The nearshoring is not just a buzzword – it's a real thing in Slovakia. We see a lot of companies coming from China or other continents because COVID exposed the vulnerabilities in supply chains and companies would like to be sure it will not happen again. We are starting the speculative development in Slovakia at the moment. We will finish the constructions in six months and the complex is already fully leased”, said Pastier. However, other countries in the region are unfortunately facing more or less signs of a slowdown. Grzegorz Chmielak, Head of Valuation & Capital Markets at AXI IMMO Group cited data clearly showing lower activity from tenants, developers and investors in Poland. From January to June, the total volume of lease transactions amounted to 2.24 million sqm. (-39% year-on-year). Lower occupier activity was reflected in development activity. Despite completing 2.6 million sqm. (+9% y-o-y) and an increase in total sector stock to 30.6 million sqm in the first half of the year, only 2.13 million sqm is under construction. (-50% y-o-y, figures at the end of June this year). The relatively high new supply in the first months of the year boosted the availability of vacant space, which stood at 6.7% at the end of June 2023. The first half of 2023 also saw a significant slowdown in the warehouse investment market in Poland. Transaction volumes fell by more than 30% compared to the first half of 2022, amounting to around €440 million (with a 54% share of the warehouse sector). James Fitzgerald, Director, Head of Industrial Agency at iO Partners commented: „We were spoiled in the last three or four years when it came to the industrial sector. It shouldn't be easy to raise such cheap money, it shouldn't be easy to just sign the tenants with so little effort. I think we're now getting back to a period of stabilization and value-added things like production. I believe it will be one of the main directions of the market development in the coming years”. According to Fitzgerald, the downturn in the larger markets may be an opportunity for smaller players who are only just putting their mark on the region's warehousing map. „I'm really interested in the Croatia. I know it's a very small market at the moment. But in the last 12 months, there have been some significant deals done there, particularly by German logistics companies. They've realized that there's a port there, that there is a euro, and it's in the Schengen zone now. And the infrastructure is amazing. I firmly believe that Southeastern Europe will be a region to do business pretty soon”, he added. What other factors are likely to have a significant impact on the dynamics of the markets in the near future? In the opinion of Peter Solt, Partner, Head of Real Estate Austria at Taylor Wessing, skilful PR and cooperation with local communities will gain importance. „Nowadays, the warehouse is just a huge box with 20 people working inside, the rest are the machines. Such investments are not very attractive for the communities. You have to start proving to the local authorities and community that your project will fit in even before the stage of acquiring all the permissions. Running your PR properly during the whole development process will be more and more important”, he said. According to Andreas Kozma, Founder & CEO of iREMS International AG, the proper data management and automation of the data gathering can be a factor that, in more difficult economic conditions, will determine the success of the warehouse project. „We're seeing that manual processing of the data, just with the Excel sheets, just with a few errors can be a source of serious problems in large-scale warehouse projects with tens of tenants. That actually could now become a differentiating factor, because the room for error today is becoming smaller and smaller”, said Kozma. Tags: CEE Property Forum conference investment logistics warehouse

by Blue Assets Blue Assets is happy to announce the final stages of implementing #iREMS Property Management after less than 7 months. With the foundation of a Unified Data Model we are in a position to supply our investors with timely and accurate data and a relevant presentation of their portfolio results. With its high level of automation iREMS provides the transparent and scalable operational and reporting platform we need for our dynamic market growth. iREMS International AG thank you for efficient and smooth cooperation!

💥 PTC 2024: Speaker Announcement 🎤 We are proud to announce Andreas Kozma, Founder & CEO at iREMS International AG, as a speaker at Europe's Largest PropTech Event this September. Andreas is a highly accomplished professional in the global PropTech and FinTech industries. Prior to founding iREMS, Andreas worked for Deloitte & Touche Central Europe on large-scale IT system implementations throughout the region. During his tenure, Andreas successfully concluded business transformation and digitalisation projects, showcasing his expertise in organisational development and change management. Prior to joining Deloitte, Andreas was involved in enterprise IT projects from both the business and the planning sides, as well as design, development, and deployment in the US and several Western European countries including Switzerland, France, Holland and Belgium. His role involved developing business cases for corporate digitisation projects, as well as overseeing its successful implementation and rollout. Andreas’s leadership contributed significantly to proving the business value of these high success rate digitisation projects. Andreas’ professional journey also includes a successful stint at iEurope Capital, a venture capital fund focusing on high-tech investments in Central Europe. He was instrumental in covering the IT and technical due diligence of e-commerce and other internet platform ventures. Currently, as the CEO of iREMS International Group, Andreas is leading the development of a real estate management platform that revolutionizes how Real Estate investors run their portfolios and make data-driven investment and management decisions. Organising all financial and related non-financial information in a Unified Data Model, the platform provides landlords with a Single Source of Truth, enabling them to make informed decisions. 🚀 Get your ticket to join the 5,000+ Global Real Estate executives, investors, and entrepreneurs at the event! Early-bird tickets are still available. https://lnkd.in/d6wahZ7W? #PropTechConnect #RealEstate #PropTech #cee #realestatemanagement ---- 💡 Follow PropTech Connect for daily Real Estate news and insights.

Through the four stations of this year’s @Property Forum conferences in Prague, Warsaw, Vienna and Bucharest we have covered the four critical areas of digital transformation which are essential for achieving higher levels of data quality from a Single Source of Truth. At the @SEE property Forum in Bucharest iREMS’s CEO, @Andreas Kozma talked about the system component. Through the entire Real Estate Investment Value Chain iREMS brings all incoming and outgoing cashflows together. Based upon well structured and secured data that gets automatically generated by transaction processing, the investors receive instantly available, unified data for reporting. You can download the system component presentation here: