Colliers International Implements Yardi Voyager to Streamline Property Management in China

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China – March 2010 – Yardi Systems, a leading developer of software for investment, asset and property management, announces that Colliers International selected Yardi Voyager™ to provide improved process efficiency and streamlined management across their portfolio of properties.

Prior to selecting Yardi Voyager, Colliers International managed its portfolio with a local property accounting based system which lacked specific property management functionality. As the company grew, so did the need to develop more effective processes to manage an increasing number of properties and the demands of a growing client list. The need to consolidate operations from the individual local property management level to provide fast, effective reporting was central to strategy and client base demands.

Yardi’s full business solution operates on a single centralized database, delivering integrated property management software that enables managers and owners to execute business with efficiency and ease. As a result of moving their business operations to the Yardi platform, Colliers International will now have total synergy across its operations and can increase process efficiencies exponentially.

Roland Sim – Director of IT Systems for Colliers International Property & Asset Management comments; “Tenants mostly judge property management quality by responsiveness and efficiency. Our property management team ensures the delivery of best service by both giving constant training to our management team and applying the most advanced technology. Especially with the rapidly changing China market, we must catch up or sometimes exceed the ever upgrading market expectation.”

Neal Gemassmer – Director for Yardi Asia Pacific comments; “We are extremely pleased to welcome Colliers International China on-board as a client. Yardi Systems’ Voyager platform provides the company with a true end-to-end solution for property management and property accounting enabling them to provide the full transparency critical to their strategy”.

About Colliers International – China

Since 1989, Colliers International has stood at the forefront of China’s real estate industry with offices established in Beijing, Shanghai, Chengdu, Nanjing, Hangzhou, and site offices in more than 40 cities.

With 64 offices in Asia Pacific and more than 294 offices worldwide, Colliers International China offers a full range of property services including sales and leasing, tenant representation, corporate and investment services, valuation and property and asset management across a portfolio of more than 400 residential, commercial and retail properties.

Colliers International provides a full range of property services to both multinational and local companies and institutions across China. With China’s growing influence across the globe, our dedication to clients’ needs and deployment of local tenants allow us to offer you intelligent China-wide property solutions.

www.colliers.com/Markets/China/

About Yardi Systems

For more than 25 years, Yardi Systems has been solely committed to the design, development, and support of real estate investment management and property management software. Recognized as an industry leader, Yardi continues to develop and deliver software and services with the highest dedication to responsiveness, quality, innovation, and customer focus. Yardi Systems has offices throughout Asia, Australia, Europe and North America. More information about Yardi products and services may be found by visiting www.yardi.com.

Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255