Real Estate Management

Main Process

 

Portfolio Management helps you evaluate your real estate portfolio, define your business' real estate infrastructure and manage business partner relationships. SAP Real Estate Management can help you do the following:

1. Evaluate the performance of your real estate objects
2. Provide you with standard reports on costs, revenues, vacancies, measurements, contracts, conditions, maintenance and service costs and more
3. Define flexible object structures according to architecture, usage and building services
4. Enter master data to tailor your real estate infrastructure to accommodate primary business activities
5. Enable transparent views of your contractual partners
6. Depict objects graphically via integration to CAD/CAFM and GIS systems
7. Enable a holistic management of real estate life cycle

Commercial Real Estate Managers such as managers of retail, office, industrial and residential property are looking for solution to cover their core business processes based on an ERP solution. Their key challenge is to make technological adaptation work. SAP Real Estate Management provides them with:

• More efficiency and productivity
• Increased portfolio transparency
• Better options to compete against other professionals
• Higher level of flexibility to adapt the business to changing needs

SAP Real Estate Management can help you do the following:

1. Match vacant properties to prospect tenants
2. Create contract offers
3. Manage lease and vendor contracts
4. Monitor lease deadlines and renewal options
5. Carry out rent adjustments
6. Manage percentage rent agreements 
7. Calculate chargeable expenses, balances, advance payments, and adjustments
8. Track settlement results
9. Manage correspondence for rental processes
10. Handle mandates and management contracts

Corporate Real Estate Managers such as managers of corporate offices and branches want to integrate the significant function of property management in overall processes such as controlling, reporting and financials. Their key challenge is to increase space utilization, prevent budget violations, and enable user-friendly service management. SAP Real Estate Management provides them with:

• Comprehensive space management
• Automated integration to maintenance, repairs, budgeting, accounting and controlling
• Improved options of cost allocation

SAP Real Estate Management can help you do the following:

1. Manage corporate portfolios 
2. Assign resources such as employees or contractors to to spaces and handle moves
3. Handle the reservation of objects and booking of additional services
4. Enable efficient move management

Facilities Management supports all processes related to building operations, including maintenance on rental objects, service management, the administration of available spaces, and building operations. SAP Real Estate Management can help you do the following:

1. Conduct scheduled and unscheduled maintenance on your rental objects
2. Display costs in integrated reports
3. Handle framework agreements with external service providers
4. Assign services to externals
5. Monitor modernization and maintenance tasks
6. Handle malfunctions and problems reported via phone
7. Prepare and procuring good and external services
8. Manage available spaces
9. Maintain space and rooms as graphical representations with CAD/CAFM systems

Support Processes help you manage the accounting and controlling activities related to your real estate portfolio. You are able to define investment strategies through accurate costs and revenue performance data, improve how you manage integrated property portfolios and gain complete cost transparency. Correspondence and document management are available for all real estate processes and enable you to optimize relationships with your business partners. Additional tools for new technologies guarantee flexibility and long term investment security. SAP Real Estate Management can help you do the following:

1. Invoice contracts
2. Manage rent collection, payments and dunning
3. Carry out the planning and settlement of costs and revenues
4. Identify costs incurred by real estate objects
5. Handle correspondence and document management for all real estate processes
6. Enhance customer-specific functions
7. Integrate to external systems and services   
8. Integrate to industry solutions