

In a time of economic uncertainty the importance of quality and relevancy of the information increases as it contributes to the business of investment. We acknowledge that the only certainty is that events, markets, and conditions will change in unexpected ways. Without advanced information infrastructure real estate investment managers simple cannot make these and other critical decisions if they don’t have the information they need. The sea of data that’s involved in managing real estate portfolios must be able to be assessed and analyzed both for performance and results.
In our current market real estate is under enormous economic stress. Investment officers require clear and immediate visibility of the key indicators to successfully navigate their real estate assets through the turbulent times. Ideally information should be viewed by asset class, by individual asset, by region, by sales channel, by what ever slice of business anylytics is needed at any given time to understand the multi-variable reasons for performance evaluation and to reflect upon a portfolios strategic objectives.
During the next few years successful real estate fund managers must improve their ability to project the future. With advances in business software real time information transforms portfolio management from a snap shot in time into a live time dynamic operational investment tool. New business architecture is needed to improve decision making from; what opportunities to bid on, what price to pay, what product blend would be optimum given market conditions and forecast, what is the current status of all of the products in the portfolio, financial stress management all require superior knowledge to asset in making the best decisions.
Investments in fully integrated SOA tools can provide the collaborative work ecology integrating functions through a common, collaborative, data structure. By overlaying a Portfolio Project Management enterprise application over all of the key operations, investment managers can perform the multi-variable tests for testing hypotheses on complex multi-variable systems, designed to track the status and performance against established key indicators to monitor and rebalance the operations, the key to a competitive advantage into the future.
The essence of fund management is to measure the ability to prosecuting the many real estate management functions efficiently and measure the direct results based on the portfolio mangers criteria. The investment dash board today can view process as dynamic and can be the advantage in a time of uncertainty.