Cougar Software President Key Presenter “The Strategic Impact of Technology on Commercial Real Estate Webinar”
On November 17, 2011, Oren Rosen President of Cougar software was one of seven presenters during a informative & interactive live webinar entitled “The Strategic Impact of Technology on Commercial Real Estate” produced by Realcomm.
The webinar was a conversation between executive leadership and IT, about what it takes to definitively develop and deliver a real estate strategy and on how technology can lower costs, increase revenues, improve customer/client relationships, increase organizational competitiveness and reduce our reliance on energy.
Cougar Software was thrilled to have its President present and have the opportunity to be one of four gold sponsors allowing attendees to attend for free.
Client Profiles
New Boston Fund
www.newbostonfund.com
- Cougar's largest Fund implementation in North America.
- Client since 2001.
- 200 properties in 7 private equity funds.
- Assets worth approx. US$4.5 billion.
- Property Management system is Timberline®.
- 60 users on Cougar™ Enterprise (now Cougar™ Fund Edition).
- Users comprise Property Managers, Asset Managers, Facility Managers, Analysts. Initial phase of project was to prepare budgets. Over 1.5 million transactions per annum. Second phase completed for valuation and quarterly reforecasting. Third phase will include upgrade to Cougar V8 Fund Edition and Performance Dashboard.
Land Securities
www.landsecurities.co.uk
- Cougar's largest implementation in the UK.
- Client since 2003.
- UK's largest REIT (converted Jan 1st, 2007).
- Three distinct businesses: London, Retail and Trillium.
- 250 properties with over 7,000 leases.
- Assets worth approx. £17 billlion.
- General Ledger system is JD Edwards® (Enterprise One®).
Investa
www.investa.com.au
- Cougar's largest implementation in Australia.
- Client since 1998.
- Australia's 4th largest Listed Property Trust (REIT). Now owned by Morgan Stanley.
- 60 properties in 1 listed and 1 unlisted trust.
- Assets worth approx. A$7 billion.
- Property Management system is Adept® (Australian).
- 50 users on Cougar™ Professional.
- 15 Asset Managers, 20 Property Managers, 5 Facility Managers, Analysts.
- Initial focus was Asset Management, Budget Preparation and Reforecasting.Later moved into Straight Line Rental, Valuation, Strategic Asset Planning, and Acquisition and Disposal. Also do Monthly Reforecasting. Next phase is upgrade to Cougar V8 REIT Edition.
ING Real Estate Investment Management
www.ingrealestate.com
- Cougar's largest implementation in Asia.
- Client since 2004.
- € 1.4 billion assets managed through commingled funds and separate accounts across five offices in Asia, plus A$1.3 billion in the Retail Property Fund in Australia.
- Property Management systems are externally managed, including Intuit Real Estate®, Timberline®, JD Edwards®, and others.
- 50 users on Cougar™ Professional.
- Mainly Asset Managers.
- Extended use throughout Asia during 2006/07.
Inland Real Estate Group
www.inlandgroup.com
- Cougar's largest Fund implementation in the USA.
- Client since 2007.
- Three entities: Inland Real Estate Company, Inland American Real Estate, Inc., and Inland Western Retail Real Estate Trust, Inc.
- 670 properties across the three entities.
- Assets worth approx. US$7.5 billion.
- Property Management system is JD Edwards® (Enterprise One®).
- 110 users on Cougar™ Enterprise (now Cougar™ REIT Edition).
- Users comprise Property Managers, Asset Managers, Accountants and Analysts.
- Initial phase of project was to prepare budgets, 5 year forecasts and reforecasting, and portfolio analysis.
- Looking to add FFO calculations and more detailed recoveries.
- Next phase will include upgrade to Cougar V8 Fund Edition and Performance Dashboard.
Macquarie Real Estate
www.macquarie.com
- Cougar's largest implementation with a global footprint.
- Client since 1999.
- Real estate under mangement in excess of A$30 billion.
- Cougar™ in use at Macquarie Office Trust, Macquarie CountryWide,
Macquarie Direct, Macquarie Goodman, and Macquarie Global Property Advisors. - Main Property Management system is Yardi®.
- 60 users on Cougar™ Professional (now Cougar™ Fund Edition).
- Mainly Asset Managers.
- Next phase will be upgrade to Cougar V8 Fund Edition.
