Sniper Capital Selects Yardi Voyager to Support Asset and Property Management Operations in Macau and China

Hong Kong, March 2013 — Yardi Systems, a leading developer of software solutions for the real estate investment, asset and property management industry is pleased to announce today that Sniper Capital has selected Yardi Voyager™as their platform of choice for real estate asset and property management.

Sniper Capital was established in 2004 to capitalise on the many property development and investment opportunities offered by Macau’s burgeoning economy. Since then, their business has grown considerably. Today they manage assets valued at over US$500 million and employ more than 40 dedicated professionals working on a portfolio that has expanded beyond Macau’s city limits to include the Western Pearl River Region of Southern China.

Karen Lau, head of asset management at Sniper Capital, commented: “Selecting Yardi Voyager is aligned to our rigorous investment selection processes. Voyager is an exclusive and fully integrated real estate SaaS platform which we will be utilising in our continuous commitment to delivering value and enhancing returns to our investors.”

“Voyager’s fully cloud-based front and back office functionality continues to be a game changer for the real estate industry. Our continued investment in the Asia Pacific with our strong support team further demonstrates our commitment to serving the needs of this fast-changing market while maximising efficiencies and amplifying performance for our clients” concluded Neal Gemassmer, Vice President for Yardi Systems in Asia Pacific & Middle East.

About Sniper Capital

Sniper Capital manages closed-end funds that invest in and develop properties in Macau and Southern China. It currently manages three funds with combined assets under management of US$500 million and is dedicated to sourcing strategic property opportunities in emerging and high growth niche markets.

Their core strengths lie in their ability to capture overlooked property opportunities and create added value through their experienced development skills and recognised abilities as an active asset manager. The company’s goal is to generate sustainable returns through the development of attractive and competitive properties that meet real customer demand and end-user needs. More information about Sniper Capital is available at www.snipercapital.com.

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for three decades. 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 Australia, Asia,Middle East, Europe and North America. More information about Yardi products and services is available at www.yardi.com.au.

Press Contact:
Phyabae Y. Leong – Regional Marketing Executive
Yardi Systems Pty Ltd.
+61 (2) 8227 2206