Waseef, a subsidiary of Barwa Real Estate Co in Qatar, Selects Yardi Voyager

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Qatar based, Waseef has selected Yardi Voyager as its property management and accounting platform

Hong Kong – October 2010 – Yardi Systems, one of the leading developers of software for investment, asset and property management announces that Qatar based, Waseef has selected Yardi Voyager™ as its property management and accounting platform.

Waseef is a subsidiary of the Barwa Real Estate Group which is one of the largest real estate property developers in Qatar. The company was established with the aim of delivering high quality service under one roof to its customers, facilitating contracting and maintaining Barwa assets in a sustainable and profitable manner.

With the era of “one stop shop” and fully integrated Property, facility and consultancy management services portfolio the challenge was to find a single software vendor whose solution could handle the needs associated with commercial assets in the retail and office space as well as their residential apartments.

Waseef selected Yardi Voyager for their property management and accounting requirements as Voyager’s integrated platform and single database solution uniquely manages and consolidates property data to provide a more scalable and effective service platform.

Yardi also provides hosting services to Waseef through its Application Service Provider (ASP). With ASP, Yardi serves and maintains the Voyager application and database for Waseef from its data center. Yardi assumes responsibility for all application updates, network security, hardware, bandwidth and infrastructure, allowing Waseef to focus on its principal business.

“Using a centralised and highly integrated software solution such as Yardi is crucial to allow Waseef to grow for our existing portfolio of 3,000 units to almost 10,000 units over the next 15 months.” says Sutton Turner, Chief Executive Officer for Waseef.

Neal Gemassmer, Director for Yardi Systems Middle East and Asia Pacific explains – “We are particularly proud to welcome Waseef on board as a client, this again serves to confirm our company’s strong strategic commitment to continue to develop solutions which specifically meet the needs of all of our local markets, wherever they are in the world.”

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, the Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America. More information about Yardi products and services is available at www.yardi.com.

Press Contact:
Martin Gedny – International Marketing Manager
Yardi Systems Limited
+44 (0) 1908 308400
[email protected]

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

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