(BUSINESS WIRE)– One of Saudi Arabia’s leading land and property developers, Abdul Latif Jameel Land will utilize Yardi Voyager® 7S, a browser-agnostic, fully mobile Software as a Service platform, for residential asset and property management.
Abdul Latif Jameel Land has a large real estate portfolio that is comprised of residential and commercial properties across the Middle East, Europe and Eastern Asia. The company will adopt an integrated software platform that includes Yardi Voyager Residential™, RENTCafe™ and PAYscan™.
“Yardi Voyager is the premier Software as a Service real estate management platform,” said Sinan E. Al Saady, Managing Director – Abdul Latif Jameel Land. “We have selected Yardi to aid our residential strategy and help us deliver world-class real estate developments and enable a better way of life in the communities we serve.”
Over the next five years, the company is expected to add numerous projects to their portfolio. These will range from the refurbishment and construction of their own assets and the participation in national projects, such as the King Abdullah Economic City (KAEC), and the development of high-quality, affordable middle-income housing.
“We are excited to partner with Abdul Latif Jameel Land in one of the largest real estate markets in the Middle East,” said Neal Gemassmer, vice president of international for Yardi. “We have, and continue to make, large scale investment in both our operations and our products and this serves to demonstrate our full commitment to the Saudi Arabian real estate market.”
About Abdul Latif Jameel
Seventy years ago, Abdul Latif Jameel began trading in Jeddah, Saudi Arabia. In 1955, the company was appointed as the region’s first distributor of vehicles for the Toyota Motor Corporation, the start of a relationship that has continued to stay strong for over 60 years.
Today, Abdul Latif Jameel is comprised of diversified businesses with deep roots across the Middle East, North Africa, and Turkey (MENAT region). The company also has a presence in 30 countries, across five continents, with operations in seven major industry sectors that include land and real estate. To learn more, visit alj.com/en.
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. To learn more, visit yardi.com/ae.