Rethinking Real Estate Investment Strategy: From Fragmented Insights to Strategic Intelligence The dynamics of real estate investment are changing rapidly. With capital flows tightening, portfolios diversifying, and risk exposure increasing across global markets, the ability to move from reactive to strategic has become imperative. The firms outperforming in today’s environment are not just managing assets—they’re leveraging intelligence through data-driven decision making. That shift begins with integrated data and ends with better decisions. iREMS: A Platform Built for Strategic Clarity iREMS (Integrated Real Estate Management System) is redefining how institutional investors, asset managers, and operators engage with portfolio performance. At its core, iREMS aligns operational performance, leasing activity, and financial data within a unified platform—offering visibility that traditional, silo systems cannot deliver. What sets iREMS apart is how it prioritizes the real estate business layer. Financial reporting on the accounting level—both management and statutory—is fully embedded within the system, but it remains a supporting structure, not the lead narrative. The business context always comes first. In real estate, a significant volume of financial and operational obligations exist outside the general ledger. iREMS is designed to manage these areas—capturing and monitoring financial data within, but also outside of the footprint of formal accounting systems. This ensures that decision-makers have a complete picture of performance, not just what's reflected in the end-of-quarter financial reporting packages. Market Signals: The Case for Transformation The demand for integrated, intelligent platforms is only accelerating. According to a 2024 Deloitte global real estate survey: 56%  of firms report that lack of system integration is a primary barrier to strategic portfolio management. 47%  cite outdated technology as a key limitation to executing data-driven decisions. Meanwhile, CBRE notes that 60% of institutional investors  are either actively implementing or planning to expand their use of advanced analytics in investment strategy within the next 18 months. The direction is clear: insights must be real-time, holistic, and predictive—not historical and disjointed. Strategic Advantages Enabled by iREMS iREMS delivers several key capabilities that directly support executive decision-making: Real-Time Visibility Across Functions Asset managers, finance leads, and operations teams work from a shared data model, with a unified view of key performance indicators—whether tied to tenant performance, cash flow forecasting, or ESG compliance. Operational Intelligence with Financial Integrity Statutory and management accounting processes are fully integrated in a closed system, ensuring regulatory compliance and stakeholder reporting without distorting the real-world view of portfolio dynamics. Predictive Insights, Not Just Reporting With embedded analytics and scenario modeling, decision-makers can test strategic moves before executing, from rebalancing asset classes to adjusting capital deployment. Scalable Across Regions, Flexible Across Strategies iREMS supports complex, multi-jurisdictional portfolios with agility. Whether managing commercial, logistics, residential, or mixed-use assets across different tax regimes and markets, the platform delivers consistency without sacrificing specificity. Accounting as Infrastructure, Not A Limitation In iREMS, accounting is deeply integrated—but it is not the principal frame of reference. Business performance defines strategic direction. Accounting provides structure, compliance, and verification. The platform enables organizations to track, manage, and respond to financial realities, including those that do not traditionally pass through the general ledger, such as off-book lease liabilities or deferred revenue structures common in real estate transactions, among others. Looking Forward: From Data Consolidation to Strategic Differentiation The industry is no longer debating whether to digitize—it's defining how to do it meaningfully. In a market where margin pressures, regulatory scrutiny, and capital discipline are all intensifying, the difference between success and stagnation often lies in decision velocity and clarity. iREMS offers both. For organizations looking to elevate from operational efficiency to true strategic advantage, a platform like iREMS is not optional—it is foundational. This is not about replacing spreadsheets. It’s about reshaping how real estate portfolios are understood, managed, and grown in an increasingly complex investment landscape. #iREMS #increasedROI   #UnifiedDataModel   #RealEstateFinancialInsights

💻 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. Article by PropTech Connect hashtag#RealEstate   hashtag#AssetManagement   hashtag#CleanData ---- 💡 Follow   PropTech Connect   for daily Real Estate and PropTech news and insights.

As real estate investors seeking to expand within Central and Eastern Europe (CEE), tapping into new markets presents significant opportunities for growth. However, it also introduces a range of complexities that must be strategically managed. One of the pivotal factors for ensuring success when entering new markets is the establishment of a comprehensive financial data management strategy from the outset. When acquiring new assets, it is essential to integrate them into your portfolio using a cohesive data management strategy from day one. This enables you to consolidate all lease contract details into a centralized data system, creating a robust foundation for streamlined financial and operational processes. By embracing this proactive approach, you set your investments up for efficiency and alignment with your broader international real estate portfolio, ensuring seamless integration and enhanced management across all assets. 1. Centralized and Unified Data Infrastructure By incorporating all lease contract information into a unified platform, such as iREMS, during the acquisition phase, you ensure that vital details—such as lease terms, rent schedules, tenant data, and payment histories—are immediately incorporated into a cohesive, centralized structure. This not only facilitates easy access to critical financial and operational data across your entire portfolio but also enables real-time management, regardless of geographical location. 2. Seamless Integration Across Your Global Portfolio Onboarding new buildings into a single, unified platform ensures that their financial operations are integrated smoothly with the rest of your portfolio. This integration provides you with real-time insights and consolidated reporting, allowing for effortless oversight of your assets in various countries and markets. Such alignment minimizes operational complexity, offering consistency in financial performance and reporting—whether your assets are located in Prague, Warsaw, or Bucharest. 3. Effortless Onboarding and Consistent Communication iREMS is specifically engineered to streamline the onboarding process, regardless of whether you are adding a single property or an entire portfolio. The platform ensures that data entry, reporting, and communication remain consistent across all levels—whether managed internally or externally. This uniformity in data management reduces discrepancies and enhances operational efficiency, ensuring all stakeholders are aligned in their approach to financial and property management. 4. Optimized Financial Operations By integrating properties into a centralized platform from the outset, you allow your team to immediately begin managing financial operations such as cash flow monitoring, budgeting, and forecasting, without any delays. This seamless transition helps mitigate disruptions during the acquisition process and ensures that both internal and third-party management teams maintain consistent financial workflows, allowing you to focus on high-level strategic decision-making from day one. 5. Consistency Across International Markets As you expand into new regions, maintaining consistency in financial operations and lease management is crucial. iREMS provides standardized processes that support regulatory compliance and uniform reporting across borders. Whether your assets are located in multiple cities or managed through various teams, iREMS streamlines operations, reduces operational risks, and ensures a smooth flow of information across all jurisdictions, safeguarding against discrepancies that could impact performance. For instance, market rents from all locations can be aggregated into a single overview, making it easier to spot trends, identify risks, and optimize portfolio performance. 6. Immediate Access to Insights and Analytics Onboarding new properties into iREMS from the outset unlocks instant access to real-time analytics. Key performance indicators—such as occupancy rates, rent collections, and financial performance—are readily available, empowering you to make data-driven decisions quickly. This early access to insights allows for proactive management and helps you identify potential challenges before they escalate, ensuring you stay ahead of the curve in managing your assets. By adopting a holistic financial data management strategy with iREMS from the moment of acquisition, you equip yourself with the tools necessary for efficient, effective, and scalable real estate investment management across Central and Eastern Europe. Conclusion: Onboarding newly acquired properties into the iREMS platform from the outset is essential for ensuring that your financial operations, data consistency, and portfolio management are aligned for success. iREMS not only simplifies the onboarding process but also facilitates unified communication and consistent data entry, whether the properties are managed internally or by external teams. This seamless integration accelerates the transition, supports effective decision-making, and helps you scale your investments with confidence, regardless of where your next opportunity takes you. #iREMS   #FinancialAndSustainabilityDataHighway   #UnifiedDataModel   #IncreasedROI   #FutureOfRealEstateInvestment

In today’s fast-paced and increasingly complex global real estate market, investors face the challenge of scaling efficiently while managing portfolios across different regions. As the landscape evolves, traditional methods—relying on general-purpose ERP systems with separate add-on tools or real estate-specific platforms—are starting to show their limitations. For real estate investors looking to remain competitive, the availability of integrated financial data is a game changer that can streamline decision-making, enhance operational efficiency, and drive growth. The Growing Complexity of Traditional Systems For many years, real estate investors have relied on traditional ERP systems, often supplemented with dedicated real estate tools. While this approach seemed practical at first, it often creates a fragmented environment where data remains siloed, and critical information is scattered across multiple systems. The result is a disjointed user experience, inefficient workflows, and a delay in accessing the information necessary for timely decisions. Consider the typical challenges investors face when working with legacy systems: Data Fragmentation : With financial, operational, and property-specific data spread across separate platforms, gaining a unified view of the entire portfolio becomes difficult. Investors may struggle to obtain accurate, real-time insights into how their assets are performing, particularly when they’re operating in multiple countries. Manual Data Entry : The need to manually transfer data between systems creates opportunities for error, miscommunication, and delays. This can lead to inaccuracies in financial reporting, impacting decision-making. Limited Scalability : As portfolios grow, traditional systems often become harder to manage. This typically results in costly customizations or inefficient workarounds that are unsustainable in the long term. The Case for Integrated Financial Data Management As portfolios grow and become more geographically diverse, investors need systems that can provide a holistic view of their investments. That’s where integrated, real estate-specific platforms come into play. These platforms offer a unified approach to managing financial, operational, and property data. Here’s how they can make a difference for investors: Unified Data Model for Better Decision-Making An integrated platform centralizes all relevant data into one system, creating a “single source of truth.” This means investors no longer have to spend time cross-referencing information between disparate systems or manually compiling data. With real-time access to financial, operational, and property data, investors can make faster, more informed decisions. The ability to quickly assess performance across multiple regions or asset types becomes a major competitive advantage. Streamlined Workflows and Automation Real estate investment is often burdened by administrative overhead, particularly when it comes to routine tasks like financial reporting, budgeting, and portfolio analysis. By automating these processes, an integrated platform reduces the burden on teams, allowing them to focus on strategic decisions rather than manual data entry and reconciliation. This creates a more efficient operation and allows investors to allocate resources to activities that drive value. Real-Time Insights Across Your Portfolio One of the most valuable aspects of an integrated platform is the ability to access real-time financial reporting. When managing an international portfolio, having up-to-date information on asset performance—whether it’s related to cash flow, expenses, or capital expenditures—can significantly impact decision-making. Real-time insights help investors identify emerging opportunities or potential risks, enabling them to act quickly, with confidence. Scalability for Growing Portfolios As portfolios expand into new markets, the complexity of managing multiple assets increases. An integrated platform is built to scale, providing the flexibility to seamlessly add new properties, regions, and service providers without the need for costly system upgrades or reconfiguration. The ability to quickly adapt to changing market conditions—without the burden of constantly overhauling IT systems—keeps investors nimble in a competitive environment. Cost-Effectiveness in the Long Run Investors know that reducing operational costs is key to maintaining strong returns. By opting for an integrated platform, investors can consolidate their financial and real estate management tools into a single solution. This reduces the need for additional third-party systems, minimizes data discrepancies, and lowers the total cost of ownership. The efficiency gains provided by an integrated platform also mean that resources are allocated more effectively, ultimately improving the bottom line. Enhanced Transparency and Data Integrity Transparency is crucial in real estate investment, especially when multiple stakeholders are involved. By consolidating all data into one platform, integrated systems help ensure that everyone—from investors to property managers—has access to the same up-to-date, reliable information. This builds trust across the organization and fosters better collaboration, leading to more informed and strategic decisions. Moving Beyond Legacy Systems As we discuss scaling portfolios, it’s clear that traditional systems often create more headaches than they solve. When portfolios begin to span multiple regions and asset classes, legacy ERP systems simply weren’t built for this complexity. The market is shifting, and the real estate investment community is recognizing that agility and scalability are no longer nice-to-haves—they are essential to staying ahead. The evolution toward integrated, real estate-specific financial data platforms is not just about adopting new technology; it's about rethinking how data is managed and used to make smarter decisions. By embracing systems designed for the unique challenges of real estate investing, investors can focus on what truly matters: identifying opportunities, managing risk, and growing their portfolios in a rapidly changing market. In the end, the real estate investors who can harness the power of integrated data will have a distinct advantage—allowing them to make faster, more informed decisions, reduce operational costs, and scale their portfolios efficiently across borders. For those who are willing to embrace this shift, the future of real estate investment looks far more dynamic and promising. #iREMS #FinancialAndSustainabilityDataHighway #UnifiedDataModel #IncreasedROI #FutureOfRealEstateInvestment

PropTech Connect webinar - 2025.02.19. On Wednesday 19th February, Valeria Bini , Director, Head of Asset Operations at PATRIZIA SE , Andrew McLennan, PhD, CTO , MD & Global Head of Tech, Private Alternatives & Real Assets at Nuveen, a TIAA company , Andreas Kozma , Founder & CEO at iREMS International AG , joined us to discuss the strategies to enhance employee experience and to turn commercial around. It was a pleasure hosting our fantastic speakers and the highly engaged audience in this session! 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://global.proptechconnect.com/4i6Lthx Webinar Highlights 1) Current Outlook - How would you describe the current state of CapEx planning in real estate, particularly in safeguarding asset value and ensuring liquidity for both short-term and long-term objectives? Valeria: "A key question to start with is actually the definition of CapEx. There is the accounting definition, which considers the value spent on increasing the value of the asset. This is present in the PNL, but it is not in the balance sheet. In Patrizia, we define CapEx as expenditure above a certain amount, as there is a dedicated specific process in our system and invoice validation process to be followed. (...) There are many aspects to CapEx planning, and all need to be considered, especially because volatility in the financial market is high. CapEx needs to have a clear goal - do we want to develop to refurbish and let, or do we want to refurbish to sell?" Andrew: "Nuveen is the 5th largest real estate owner globally. We have assets in almost every country in the world and across every sector, so we have more than one asset class per geography. With such a complex portfolio of global assets, the data that we collect and use is critical to drive insights across the broad portfolio. There's a famous old saying that without data you're just another person with an opinion. If you don’t have data to back up and inform your CapEx decisions, you can just have cost without any return on investment. We employ third-party portfolio managers who have expertise in specific geographies and asset classes. They each have their tooling systems and ways of operating, so we need internal teams who can review data and collect it consistently so that we have a world-leading data solution that enables us to have data at our fingertips to make informed decisions about CapEx." Andreas: "With increased complexity originating from a less forgiving business environment and also increased regulations, especially around ESG, the margin of error is shrinking. Asset managers need to have data that enables them to make informed decisions, and also to increase transparency in a way that supports communication and learning from past data. We see in our clients that this is a best practice for asset managers of all sizes. (...) You need data to prove ROI, and without that certainty asset owners tend to stay on the conservative side and miss out on fantastic opportunities." 2) Challenge in CapEx Planning: What do you see as the biggest challenges real estate organisations face in aligning their strategies with CapEx planning? Andreas: "ESG is often seen simply as something to report on, so gathering data to fill reports becomes the priority. This is of course important however, if you have sustainability data, you can make better investment decisions that increase the value of your assets. The main challenge is now this transition where sustainability data works as the new financial data - it will be included in reports as its structure will be linked back to financial KPIs. As discussed with Valeria and Andrew earlier this week, it is now crucial to classify, handle, and communicate this information, to then be able to act on it." Valeria: "Data is the biggest challenge. We need to invest in having the right technology and process to follow and monitor CapEx, especially as we work with external providers and we need to be able to support and ensure that the right data is being delivered at the right time. This is crucial to be able to detect anomalies in leading indicators before they become a problem. (...) Another key challenge is that we are investing in a challenging scenario. The predictions made before the start of the development might not hold true after 6 months, and you might end up with an empty asset. It is critical that there is enough valuable data to ensure that you are making good investment decisions." Andrew: "When selecting assets for a sustainable fund, there is the possibility of directly acquiring assets that already perform well on sustainability metrics. These usually come at a premium, as their occupancy rates are high and therefore valuations are high. However, many of the assets that you may own or be looking to acquire may not yet be at that standard, so you need to spend to bring it up to that level. Data would enable you to identify whether the CapEx required would result in an appropriate valuation and occupancy. If that is not the case, then you would need to look at selling early on. For the assets where you can justify CapEx, then you need data to determine how much, in which form, and in which order? This is not necessarily a question of more data. The challenge is to collect the data that gives you the right signals and information to make the right decisions." 3) Data in Real Estate: How are real-time data integration and innovative tools enabling more informed CapEx decisions, and what insights can they provide to avoid liquidity traps and maintain stronger financial outcomes? Andrew: "I will talk about two components: AI and alternative ways to use data to drive alpha. We often see that people don’t get the results they expect from AI because they are not asking the right questions, not using it for the right business case, or, most often, they are not providing the right data. This is not a simple challenge in the context of real estate. When you're thinking about data science, analytics, machine learning and AI, if you had a consolidated central data house with governed data that people could trust, a single source of truth, then it would be easy. But that in real estate is often on Excel files scattered across the ecosystem, so many organisations now are doubling down on the collection and storing governance of data. We are one of these organisations. Once this is done, you can then do analytics on top of it. On my second point, you often see data and technology being treated as a back office function and a cost centre. I totally disagree with this. Although each investment and quote is unique, when you step back and leverage data, you can actually see similarities between buildings and you can use data science in an innovative way to drive alpha, not just using data as an operational efficiency solution." Andreas: "Tools that help you collect and analyse data points to then help you prioritise CapEx projects can only work if you have the right data. As you both mentioned, there are considerations and differences in data collected from different asset classes and countries, as well as nuances related to culture, strategy, people processes, and technologies already in place. The challenge is to take all the information contained in data, and to assemble this uniform data model that you can feed into these tools. Similarly to Nuveen, many of the landlords that we work with use a wide range of property managers, and a data point like “rental income per X” for example, can mean two very different things for two managers. These data challenges need to be tackled by funds of all sizes with the support of great tech solutions before AI can be layered on top for analysis and recommendations." Valeria: "We need greater clarity on the requirements of different stakeholders, find the interconnections between different departments and the level of granularity needed at different levels. (...) Coming back to what Andrew said, it is not about having all the data - you need to have the right data. We need to put a pyramid strategy in place, with different levels of control for providers, asset managers, and then going to fund management. At Patrizia, we think about data requirements, data ingestion, and finally data governance to ensure clarity and that data is actionable." 4) Action Points: What immediate steps should real estate professionals consider to optimize CapEx planning across retail, office, and hospitality, and how can they sidestep the common pitfalls that undermine asset value or delay transactions? What impacts/initiatives can have an immediate impact? See the full webinar in the link here: https://global.proptechconnect.com/4i6Lthx

We look forward to participating at this year’s MIPIM! 🌍   Europe’s biggest international real estate fair brings together a unique global networking platform, creating opportunities for face-to face meetings with representatives of the entire real estate value chain. This is the place where the biggest deals are made, where future-proof strategies are formed and world-class projects are presented. Under this unique setting and much-appreciated sunshine we are ready to: ↗️ forge new partnerships ↗️ discuss the best approaches to tackle your data fragmentation challenges ↗️ brainstorm how you can streamline and scale up your reporting   ↗️ start conversations on how to establish a unified data structure for best financial visuals   ↗️ show how our unified data model can solve the growing data management burden for sustainability compliance 😎 We are happy to meet you in Cannes. We invite you to reach out and meet us on the Croisette for a chat in the sun ☀️ See you soon! Andreas Kozma   -   Eszter Kozma Please contact us at   inquiries@ire.ms   or   ekozma@ire.ms hashtag#iREMS   hashtag#MIPIM2025   hashtag#UnifiedDataModel   hashtag#yourfinancialdataplatform

Throwback to PropTech Connect 2024 Main Stage Panel Session - How Leading Organisations Are Taking RE Asset Management to the Next Level Andreas Kozma , Founder and CEO at   iREMS International AG , highlights that delivering 𝗮𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗱𝗮𝘁𝗮 into the hands of the decision-makers 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁𝗹𝘆 requires more than just technology – it’s crucial to set up an overarching blueprint of business processes and decisions that will enable the tech to do its magic. ​​This video is taken from the PropTech Connect Europe 2024 panel where Andreas,   Steven Tichy   from   White Star Real Estate (WSRE) , Stevan Todorović from   Indotek Group ,   Dimitrios Vlachopoulos   from   Cushman & Wakefield , and   Paige Pitcher   from   Blackstone   delved into the key points of ‘How Leading Organisations Are Taking RE Asset Management to the Next Level’. 👇 More insights will follow at PropTech Connect 2025. Subscribe to our newsletter through the link below and stay tuned for upcoming announcements… 🔗 Link:   https://lnkd.in/efrHWxRU   hashtag#realestate   hashtag#PropTech   hashtag#assetmanagement   hashtag#datahighway   hashtag#PropTechConnect

Our team is very proud that iREMS have been shortlisted for the  hashtag#CEEPropertyForum  Awards in the PropTech of the Year category. Now it is your choice that can make a difference for us. We are dedicated to help our clients exploit the potential of making investment decisions based upon a clear understanding of their real estate portfolio, by providing them with a crystal-clear financial overview.  iREMS enables real estate investors and service providers to focus on their businesses by relying on a highly automated back-office platform, with validated and aggregated financial information from the ready-to-use and fully integrated iREMS Business Intelligence Platform at their finger tips. ☀️ We appreciate your vote for iREMS at the link below: https://lnkd.in/djgUyVru hashtag#UnifiedDataModel   hashtag#RealEstateBusinessIntelligence   hashtag#iREMS

It is all about the journey!   The 2. edition of   PropTech Connect   conference was intense and genuinely inspiring. 📍 The event aimed to make conversations between real estate investors, landlords and all sorts of real estate technology providers flow at ease and PTC 2024 delivered fully! The transparency of what technologies are available and how they can be applied or connected with other solutions enables better understanding for the user side on what makes sense streamlining in a holistic way. 🔆 What were dominantly on display? Many solutions that focus on:   ➡ building automation ➡ decarbonization ➡ potential use of AI It could seem at this point that many companies try to provide solutions with aiming the same pain points, but as many on the receiving side said, a big number of these applications focus on partial solutions and Real Estate landlords and asset management companies would like to understand how it all comes together. We felt a bit of controversy though - all eyes are on how   hashtag#AI   can be utilized in the Real Estate space, but landlords' and asset managers'   hashtag#FinancialDataManagement   is left behind and handled on a much less efficient way. What the   iREMS International AG   team saw and heard as a typical setup with big landlords and asset managers is to have a core (accounting-focused) system with Excel reporting floating around.   💣 The challenges of elevating the automation and connectivity of financial data are coming from:   📌 the rigidness of outdated system architectures 📌 the accounting focus ahead of the real estate specific business focus, where so much financial information needs to be followed upon and connected way before it reaches accounting momentums Asset Managers agree that efficiently automating and streamlining financial data flow is key for realizing the highest   hashtag#ROI . Yet we also see that many stakeholders seem to tolerate the handicaps of legacy solutions and fear touching their existing reporting setups. hashtag#PropTechConnect   created a platform where these challenges can be analyzed and discussed in a holistic way.   🔆 It emerged again that Real Estate investors need to follow the data and not systems. The solutions that support this vision will enable the highest potential for efficiency and cost control. The 2-day conference and the evening receptions generated super exciting discussions and supported the connection across all stakeholders beyond expectations.   A huge thank you for the PTC Team for filling the gap in the industry with a narrative where Real Estate investors and asset managers have direct access to the various technology solution providers and can understand how technology can support their journey.   ✅ If you own the data, it serves you every way you need them to!

Please click video!

Finding Success in Nuanced Times After a challenging couple of years for real estate globally, there is a greater sense of optimism associated with the rest of 2024 and beyond. If the era of ‘lower for longer’ interest rates represented a tide that lifted all boats, we see the beginning of the new contrasting cycle. Some boats will sink, while others are rising incredibly high. Real estate investing and asset management is now more nuanced than ever before.  Today in real estate: Asset classes have shifted significantly in value  Investors are more margin sensitive Premiums are found on future-proofed / green assets There is more actionable data  Asset managers are more reliant on income (as opposed to simply capital growth). A recent  M&G Outlook  shows that as investors start to accept ‘higher for longer’ interest rates, investors will have to rely on income as the main route to achieving target returns. Asset managers benefit more today from data and fast decisions. A more nuanced market creates some of the most attractive opportunities for those in the know. Panattoni  – Why Speed and Precision is Valued at a Premium Panattoni is the world’s largest privately owned industrial developer and is the UK’s largest speculative developer. In today’s nuanced market, strategic decision-making speed is a requirement for growth. To achieve this, they created a Unified Data Model. Think of this as the cockpit battlestation for their ship. As we move into an era with a higher emphasis on margins, their unified data platform “provides the transparent and scalable operational and reporting platform we need for our dynamic market growth.” This transparent and fast reporting meant that they “are in a position to supply investors with timely and accurate data and a relevant presentation of their portfolio results.” [Karolina Cieślik (Property Finance Director, Blue Assets)] Often today, asset managers struggle to gather all important information into one place, in real time, so their ability to make informed decisions is limited. Leading firms like Panattoni maximise their ability to enable rental overperformers and have an astute understanding of the originations of their margins. “Unified financial overview: all costs and revenues are conveniently available in one place, simplifying our financial management.” [Karolina Cieślik (Property Finance Director, Blue Assets)] Adventum  – Gaining Negotiating Leverage Adventum Group, a fund manager focused on CEE Real Estate Investments with a proven track record in the CEE region. The management has so far executed investments in the CEE region over a total value of EUR 2 bn. Their extensive portfolio spans four countries, hiring countless service providers across assets. Typically, receiving financial and asset information from the property management value chain can take weeks. Like Panattoni, they realised cross-border real time monitoring is business critical for it is critical for optimal asset management and to gain an advantage over competitors. Adventum instructed all service providers across all assets to work on the fully integrated property management modules on the iREMS system. “A wide variety of financial and AM reports can now be run by our controllers, both for recurring, automated reporting and for ad-hoc drill-down analysis. It has reduced turnaround time from weeks to minutes.” Outside of faster and more precise information, they enable their service providers to focus more on purely managing the asset, achieving a more cost efficient property with happier tenants whilst also achieving more competitive tenders. As the industry becomes increasingly margin sensitive, leading modern asset managers maintain robust control and are capable of getting more out of their assets than their competitors. White Star  – Over-Delivering to Grow White Star Real Estate is a leading firm with 2.5m square metres of developed assets and 1.7m square metres of properties under management. Their strategy focuses on providing quality, value for money real estate solutions for their development investors and landlord clients. They separate themselves from the noise by providing high-quality property management and accounting services, focusing on data quality, professionalism and communication speed.  “For several years now, White Star has utilised the transactional capabilities of iREMS, and worked with their team to find enhancements that bring the productivity of the system and our users.” White Star solidifies themselves as the preferred supplier via access to clear information. By delivering more value with automation they hold longer contracts and are freed to win new customers powering fast growth. In addition to operating more efficiently and timely, White Star managed to build an Asset Management reporting platform that provides their clients with direct access to real-time dashboards.  “Thanks to the iREMS Dashboard, our property managers, the controllers, leasing managers, and building owners have one window to look into the live KPIs of their properties.  This eliminates the need to create redundant data in multiple locations, which has a risk of conflicting and incomplete information.” says Steven Tichy, Managing Partner Asset & Property Management of White Star Real Estate. With this important contribution White Star has managed to contribute key parts of the asset management reporting, adding significant value to their clients’ financial digital twins. Conclusion In many ways, the entire real estate value chain has become more competitive, and companies like Panattoni, Adventum, and White Star Real Estate are exemplifying how to thrive in sink-or-swim circumstances.  By remaining nimble enough to act on data driven insights, and use information to their advantage to solidify their relationships with other stakeholders, these firms are not only adapting to the new market dynamics but also setting new standards for efficiency, client service and retention, growth, and performance.  In today’s high-interest, high cost, highly competitive, and fast changing market – the ability to make informed decisions quickly, optimise asset management, and over-deliver on value-added services has become paramount.  Getting actionable insight into their assets is key. This allows them to remain adaptive. They not only maximise their portfolios’ potential but also secure a competitive edge in an increasingly challenging environment. Their forward-thinking approach is essential for success in the new era of real estate, ensuring that they remain leaders in their markets for years to come. Article by Proptech Connect

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.