OpenText Solutions for Real Estate

Providing you with an end-to-end content lifecycle solution focused on solving business problems specific to Real Estate

Customer Features

Forest City

Forest City Enterprises (FCE) is an $8B company recently rated by Fortune magazine as the top publicly traded real estate company in the US. When FCE made the strategic decision to move to a single platform, they chose OpenText...
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DDR logo

DDR Corp. is an owner and manager of more than 500 value-oriented shopping centers representing 123 million square feet in 39 states, Puerto Rico and Brazil. The company’s assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential. DDR’s custom Lease Management System, built using OpenText ECM Suite, supports the entire lease flow process for improved visibility and greater efficiencies.
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When real estate companies deliver a project, sell a property, sign a contract, or develop a property, the buildup of information, documents, contracts, permits, drawings, environmental studies, email, correspondence, and records is a management nightmare. This nightmare is exacerbated by regulatory compliance, customer service, and risks associated with legal discovery. Consequently, real estate companies depend on documents, records, and contracts to conduct business. These records are a central commodity of the business.

The need for a single platform that integrates an ERP system (e.g., JD Edwards or SAP) with desktop products (e.g., Microsoft or Lotus) while ensuring corporate and regulatory compliance has moved to the forefront of business-critical decisions, as this reduces costs and manages risk. In the background, the need to reduce paper-heavy processes and paper storage costs, drive out inefficiencies or bottlenecks, reduce legal risk, and capture intellectual human capital are also driving the business decision to create a consolidated business platform. Underpinning all of the requirements is a desire for simplicity.

Real estate companies are complex businesses, intricately woven together. They use various means to manage transactions, correspond with customers, manage capital projects, manage investors, and collaborate with tenants and vendors. Business processes and workflow serve as the backbone for decisions, contracts, monitoring risk, and delivering expectations.

Select your solution from the following value chain table:

(Background on Value Chains)

Suppliers & Partners Engineering Procurement Manufacturing Sales & Distribution Customer Service Customers & Channels
Leasing
Acquisition & Disposition
Development & Construction
Property Management