Back to basis software
Lawson, David
Back to basis software - 2006 - Property Week 71(5) 3 February 2006, 129(1) .
REITs have the potential to revolutionise the property market place in that it aims move away from traditional big landlords owned mainly by institutions to trusts, meaning even smaller investors can invest in. But, a potential ruinous flaw seems to have been overlooked in the shape of its software. These new bodies will require frequent valuations to determine share values. Transferring key data featured in property management systems, such as rent and lease lengths, may prove a continuous task of manual alteration. This is a problem given that property management systems stick to the original data, so that even when this can be easily transferred to valuation programs, changes are overwritten.
Back to basis software - 2006 - Property Week 71(5) 3 February 2006, 129(1) .
REITs have the potential to revolutionise the property market place in that it aims move away from traditional big landlords owned mainly by institutions to trusts, meaning even smaller investors can invest in. But, a potential ruinous flaw seems to have been overlooked in the shape of its software. These new bodies will require frequent valuations to determine share values. Transferring key data featured in property management systems, such as rent and lease lengths, may prove a continuous task of manual alteration. This is a problem given that property management systems stick to the original data, so that even when this can be easily transferred to valuation programs, changes are overwritten.