MYRE features are available on demand and cover the following uses:
• Property Management : rental and technical management
• Asset Management : performance monitoring
• Fund Management : financial strategy and consolidated reporting
Lease and amendment data entry automates rent amounts, indexation, service charge provisions and tenant due dates
Fee calculations, detailed management reports, and automated distributions to property owners are all seamlessly generated
Rental billing calculations and processes are automated, and invoices are generated in bulk and sent by email to tenants
The analysis of outstanding rental payments can be customized by periodicity, and calculates recovery and collection rates in real time
Up to 4 levels of reminders can be configured for each type of lease, according to arrears and unpaid balances, to generate dispute letters
The structuring of expense items allows for the standardization of expense and structural cost budgets for an entire asset portfolio
The correct calculation of service charge provisions and their rendering is guaranteed by the entry of distribution keys and their percentage
The forecast budget, followed by landings and actuals, provides a detailed analysis of recoverable amounts per tenant and remaining expenses
Provisions for charges are either flat-rate or calculated from the budget, depending on the suites, exemptions and limits applied to the lease
Service charges are automatically adjusted for tenants on the basis of provisions billed and expenses incurred
Purchase orders and expenses provide operational management of expense budgets with customizable validation paths
The dematerialization of purchase invoices enables them to be automatically entered and classified via OCR scanning
Each asset has a module for planning and managing works programs and work packages, and for allocating budgets
The recording of invoice payments and expenses due generates SEPA bank files for direct debits and credit transfers
A single interface lets you match invoices and credit notes, manage suspense accounts, and record profits and losses
Bank accounts are synchronized to reconcile their flows with payment transactions, invoices and expenses
The various operations automatically generate accounting entries according to the opening periods of the current fiscal year
Alerts for interim expiries, notice periods and tenant departures are systematically triggered to anticipate risks
All occupancy and rental income indicators are calculated in real time and at all asset consolidation levels
The building structure is precisely modeled by floors, suites and surface types to visualize occupancy
Documents are centralized in a secure dataroom whose tree structure dynamically evolves with the life of the assets
Modeling SPVs and the ownership relationships between owners, companies and assets, provides global financial and strategic management
Transaction values for the acquisition and exit of asset suites are recorded in order to analyze their financial performance
The value of the assets and the ERV of each suite and surface type are used to calculate performance indicators and monitor their evolution
Cash flow monitoring provides a theoretical and actual view of financial flows at all levels of asset consolidation
The financing strategy is monitored with a precise view of debt and its tranches, bank covenants and equity transactions
A space shared with brokers allows you to track current visits, potential competitors and completed transactions
From acquisition to exit, the entire asset life cycle is updated in BPs to calculate IRR, profitability and project financial strategy
Scenario comparison and decision-making are built on reliable data, supported by advanced and customizable statistical assumptions
A comprehensive set of interactive charts, data tables, and KPIs allows you to create fully customized analysis dashboards
Assets are organized into portfolios, which can be freely consolidated to provide an infinite range of analysis options
All data and analytical tables can be exported in either raw formats or structured, ready-to-use data files
Retrieve, centralize and structure your data from all your partners. Export and transfer your data to all your tools and services.
The tool is collaborative and provides a smooth flow of data between the parties involved that is centralized and securely managed
A news feed makes it easy to constantly track user activities. Validation workflows ensure that data is reliable and consistent
The algorithms calculate in real time with precision and performance indicators, projections and analysis elements
The visualization of information is agile, the analyses can be consolidated by company, portfolio, asset and in a personalized way
Reports belong to you. Export automatically generated dashboards and analysis data at any time.
Altixia
“We had no effective tool for managing real estate assets, apart from Excel! So we were looking for a software solution like Altixia: recent and agile in its design!”
Luc Bricaud,
Head of Fund Management
Alderan
"MYRE covers everything from property management to portfolio management. Additionally, at the end, the accountants can retrieve all the information and transfer it to their tool, saving a lot of time."
Emmanuel de Villèle,
Director of Collective Management
