by Shane Henson — December 6, 2013—Yardi, a developer of software solutions for the real estate investment, asset and property management industry around the world, recently announced that its Yardi Voyager platform will be used as part of the retail asset and property management operations for an 80,000-square-meter community mall located in Abu Dhabi, United Arab Emirates (UAE).
The Deerfields Townsquare Shopping Centre serves the immediate areas of Abu Dhabi’s suburban Al Bahia, Al Raha, Al Rahba, Shahama, and Khalifa neighborhoods. It will feature 180 stores, including some of the leading names in the region’s retail space, such as French multinational retailer Carrefour, which opened a new 6,700-square-meter hypermarket at Deerfields Townsquare last September.
Yardi Voyager is a fully integrated, browser-based, enterprise management system designed specifically for property owners, managers, and investors in global real estate markets. It will be implemented at the mall together with the award-winning Yardi Commercial Leasing Pad customer relationship management system. According to Yardi, this approach provides a true end-to-end solution for managing retail business operations and processes, from the tenants in the properties up to asset and financial management.
“Yardi is delighted that Deerfields Townsquare has selected Yardi Voyager as its retail shopping center operations platform. This is an endorsement to our continued investment in the Middle East and intense focus on the needs of retail shopping center developers, owners and managers, and providing tools to deliver efficiency and greater effectiveness in their operations,” said Neal Gemassmer, vice president for Yardi Systems, Asia Pacific and Middle East.
