CACEIS’s Private Equity Real Estate Securitisation (PERES) team has developed a tool which enables real estate companies to manage and monitor the funds’ investments, investment flows, and their investors.
The tool is a middle-office outsourcing solution which tracks every aspect of a real estate management company’s property portfolio. It can manage units (retail, apartments, car parks, etc.), lots by plot or by register, tenants and their leases (vacancy dates, etc.), rentals and changes over time (theoretical, invoiced, paid), capex1 (ability to set aside provisions and monitor the cost of work) and valuations of real estate assets as well as trends over time using several methods (market value, insurance value, DCF, etc.). It can also import data wholesale and provide reports tailored to specific client needs.
A NEW SERVICE BASED ON A LONGSTANDING EXPERTISE
This service was originally introduced to facilitate position-keeping and the central administrator’s role for all unlisted assets, as well as enabling middle-office functions to be outsourced for private equity assets. Following a recent upgrade, it now caters to the specific needs of real estate assets. Its features include position-keeping and monitoring of the characteristics of the real estate assets held. Management companies now have the benefit of a comprehensive monitoring solution for their assets.
In terms of reports, there are over 20 different templates available, together with tracking tools that can be sent to real estate management companies. Upon request, bespoke reports can also be developed.
Real estate tracking views are already available on our OLIS site (dedicated PERES area) giving management companies access to their portfolios and reports in Excel format, including data such as amounts invested, fund valuations, unrealised and realised capital losses and historical flow data. These can be enriched to produce dynamic views for management companies with the same level of data granularity as the customised reports. This new service is a significant addition to CACEIS’s real estate investment administration offer. By building on our position as a key partner for Private Equity and Real Estate management companies and providing individualised and integrated services that can be tailored to any investment profile, we support the development of individual companies as well as the entire real estate investment sector.
This is a unique offer that differentiates CACEIS and demonstrates the growing role the group plays in the asset management value chain 1 Capital expenditure