Yardi Europe Confirms INREV Membership

Amsterdam, April 2013 – Yardi Systems, Inc., a leading developer of software solutions for the real estate investment, asset and property management industry is pleased to announce its membership in INREV, the Netherlands-based organisation for Investors in Non-listed Real Estate Vehicles.

Yardi’s long term commitment to the real estate industry is in part demonstrated by its continued support of industry associations. News of the INREV membership follows closely behind the company’s membership in EPRA, the European Public Real Estate Association. Yardi became an EPRA member at the end of 2012.

“Developing and maintaining close relationships and understanding with associations like INREV and EPRA and companies like IPD plays an important part in our strategy,” comments Richard Gerritsen, Regional Director – European Sales at Yardi Systems. “The consultative roles that all parties play, and the services and solutions developed and supplied as a result, enable investors and investment managers to attain greater transparency, governance and compliance.”

Not just important from a European standpoint, Yardi takes a global view, sharing experiences with real estate companies worldwide. This effort has seen a number of renowned U.S. clients working with Yardi to develop solutions that facilitate data standards requirements, culminating in the support of GIPS standards within the Yardi Voyager™ software platform.

Yardi will look to work closely with INREV, believing that transparency will continue to be a major factor within the sector now and in the future. The importance of execution continues to increase with a developing combination of industry standards and the need for performance measurement and benchmarking.

“International laws and regulations are rapidly changing in the real estate sector, increasing the demand for better reporting and insight into portfolio performance,” adds Gerritsen. “In collaborating with INREV we will continue to refine our systems so that investors and fund managers can easily meet their requirements using professional management information systems and reporting tools.”

About Yardi

Yardi has been a developer and service provider of real estate software solutions for three decades. Their offering includes solutions that provide real estate fund managers, asset managers and investors with insight into the performance of their investments. The Yardi Voyager system is the most comprehensive real estate software platform currently on the market. Yardi supports its clients worldwide from offices in Australia, Asia, the Middle East, North America and Europe. More information about Yardi and its products and services is available at www.yardi.nl or www.yardi.co.uk.

-###-

Press Contact:
Martin Gedny – European Marketing Manager

+44 (0) 1908 308400

Martin.gedny@yardi.com

Yardi Systems BV – The Netherlands

Dreeftoren, Haaksbergweg 57, 1101 BR Amsterdam, The Netherlands

+31 20 565 00 50

Yardi Systems Limited – United Kingdom

Avebury House, 201–249 Avebury Boulevard, Milton Keynes, MK9 1AX

+44 1908 308400

Trade Media Contact: Martin Gedny +44 (0) 1908 308400