Qatar-headquartered real estate firm, Qatari Diar Real Estate Investment Company has successfully rolled out Yardi Commercial Suite for its sales and leasing operations and financial ecosystem at Lusail City in Doha.
As Qatari Diar’s flagship project, Lusail City is the largest single development to be undertaken in the country. More than 200,000 residents will live in Lusail’s scenic surroundings, with 170,000 expected to work in the city’s different districts and 80,000 anticipated to visit its entertainment and recreation facilities.
The deployment of Yardi Technology is in line with Qatari Diar’s target to digitize its operations. After the success of the initial implementation, Qatari Diar will begin rolling out additional Yardi solutions across its remaining real estate portfolios in Qatar, Egypt and International markets.
“The rollout of Yardi’s real estate technology across property management, property financials, leasing, sales, city management and facility management has delivered a fully connected, single source of truth across multiple asset types. Not only are we managing these processes with greater efficiency, but we are able to gain easier access to a wide range of real estate performance information and business KPI’s through a single platform.”
“Yardi’s technology has helped Qatari Diar digitize its processes, allowing for easier access to the right data within one platform. We’re thrilled that the company is already seeing results after the 6-month project and Yardi will continue to support Qatari Diar’s goals for future growth,” said Mr. Neal Gemassmer, Vice President of International, Yardi Systems.
Established in 1984, Yardi is based in Santa Barbara, California. It develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. It serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America.