Belgian RREC anticipates reducing costs, minimising manual tasks and automating reports
AMSTERDAM, April 12, 2016 – Belgium-based regulated real estate company Intervest Offices & Warehouses will manage its nationwide portfolio of office buildings and logistics properties with Yardi Voyager® 7S, a browser-agnostic, mobile Software as a Service platform.
“To sustain our growth, we have selected the Yardi platform for integrating and automating our accounting and lease administration operations,” says Inge Tas, chief financial officer of Intervest Offices & Warehouses. “We expect this will reduce costs, help our staff enhance their efficiency and ensure accurate reporting required by securities regulators.”
Intervest Offices & Warehouses will also automate its invoice processing with Yardi PAYscan™, automates the invoice approval and vendor payment process.
“Yardi® is pleased to enable Intervest Offices & Warehouses to perform multiple business operations on a single platform, with the option to add even more new solutions to meet emerging business needs,” says Neal Gemassmer, vice president of international for Yardi.
About Intervest Offices & Warehouses
Intervest Offices & Warehouses is a public regulated real estate company (RREC) founded in 1996. Shares have been listed on Euronext Brussels (INTO) since 1999. Intervest Offices & Warehouses invests in high-quality Belgian office buildings and logistics properties that are leased to first-class tenants. The properties are strategically located outside municipal centers. The offices of the real estate portfolio are situated on the Antwerp – Mechelen – Brussels axis; the logistics properties on the Antwerp – Brussels and Antwerp – Liège axis. For more information, visit www.intervest.be/en/.
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. For more information, visit: www.yardi.nl.