Singapore, April 2012 — Yardi Systems, one of the leading global developers of real estate software, has announced that Cache Property Management Pte Ltd, the property management division of Cache Logistics Trust has selected Yardi Voyager™ as their new property management and financial management platform.
“We needed to streamline our property management operations with a scalable solution; a platform that we could easily extend in alignment with Cache’s business growth”, explains Jasemin Tjan, Senior Property Manager. “We conducted an extensive evaluation of vendors and based on Voyager’s extensive functionality, ease of use and strong local presence and concluded that Yardi was the best partner to help us meet our requirements.”
Cache Property Management Pte Ltd will be implementing Yardi Voyager Version 7 to manage the logistics portfolio for Cache Logistics Trust in Singapore.
“We are pleased to welcome Cache Property Management Pte Ltd as a client”, comments Neal Gemassmer — Vice President, Yardi Asia Pacific. “The investment we have made developing the structure of our organisation has played a pivotal role delivering the requirements that companies like Cache have of their technology platforms.”
Cache Logistics Trust (“Cache”) is a real estate investment trust (“REIT”) constituted on 11 February 2010.Cache was listed on the main board of SGX-ST and commenced operations on 12 April 2010. Cache principally invests in income-producing real estate used for logistics purposes in AsiaPacific, as well as real estate-related assets. Cache presently holds a portfolio of high quality logistics warehouse properties strategically located in established logistics clusters within AsiaPacific. Cache is managed by ARA-CWT Trust Management (Cache) Limited, a jointventure REIT management company between ARA Asset Management Limited (“ARA”) and CWT Limited (“CWT”). For more information, please visit www.cache-reit.com..
Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for 30 years. With the Yardi Investment Suite™, Yardi Commercial Suite™, and Yardi Orion™ for SharePoint®, the Yardi Voyager™ platform is a full real estate management platform that includes operations, accounting, and ancillary processes and services with portfolio-wide business intelligence. Yardi serves clients around the world from offices in Asia, Australia, Europe, Middle East and North America. More information about Yardi products and services is available at www.yardi.com.
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