Yardi Leads the Way in the European Industrial Sector


SANTA BARBARA, CA; LONDON, UK; AMSTERDAM, THE NETHERLANDS; May 25, 2006 — Yardi Systems, the industry leader for asset and property management software with its Voyager™ International solution, has proved the perfect fit for independent real estate investment and asset management company Halverton REIM LLP.

Halverton REIM LLP, who has a portfolio of approximately €700 million and significant expansion plans, needed a solution that was as scalable as its business. Halverton REIM LLP offers clients direct and indirect access to the high-yielding European real estate markets, and chose Yardi Voyager International to manage its international property portfolio because of its ability to meet the needs of the business.

One of the key benefits of the Yardi system for Halverton REIM LLP is the Application Service Provider (ASP) hosting service–a powerful capability that enables Yardi Voyager to function as if it were running locally, although the data and software are actually accessed through a secure Internet connection. “The ASP service proved to be a deciding factor when choosing Yardi, as it makes global access and updating simple, with no synchronisation issues,” explained John Croft, Database Administrator for Halverton REIM LLP. “Yardi Voyager International has also proved to be incredibly easy to use, and everyone who has experienced it has been impressed by how intuitive the navigation of the system is.”

“Yardi Voyager International is an accountancy-led, Internet-based solution which enables us to effectively manage our international property portfolio,” Croft continued. “With a portfolio currently standing at roughly €700 million and plans for significant expansion, we needed a system that works well and is as scalable as our ambitions. Yardi has proved a perfect fit.”

About Yardi
Yardi Systems, Inc. is the global leader in the design, development and support of integrated Asset and Property Management software for organizations of all sizes. For more than 22 years, our technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions. Our software is client-driven and serves more than 15,000 business, corporations and government agencies, representing more than 5 billion square feet of commercial space and 5 million residential units globally.

Yardi enjoys a customer base that incorporates some of the world’s leading international companies. Its European customers include Deloitte, Sachsenfonds, Cushman & Wakefield Healey & Baker, ProLogis and Mount Street Holdings.

Headquartered in Santa Barbara, California, Yardi Systems is a privately held corporation with offices throughout the United States, Canada, Europe and the Asia-Pacific region. 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