Streamline Commercial Real Estate Management with Nakisa Real Estate
Bring together commercial real estate portfolios, accounting, and operations to get a clear overview and full control over your RE assets.
Nakisa Real Estate (NRE) offers a single end-to-end solution to manage all owned, leased, and sub-leased properties.
Market leaders love
Nakisa Real Estate:
Get expert features for CRE daily operations
Benefit from automated payments and calculations such as percentage rent, CPI rent, CAM reconciliations, and more. NRE also offers ad-hoc reports & dashboards and critical date notifications.
Ensure consistency and compliance
Ensure data consistency for all teams. Utilize Nakisa’s native ERP integration (SAP, Oracle, and more) and powerful API. The accounting team can use the same data set and ensure IFRS16 & ASC 842 compliance.
Enjoy the speed of innovations
From Data to Action: Add Visibility to
Your Real Estate Portfolio
Centralized Accurate Data
Connect isolated data sources, ERP systems and various SaaS tools with our open platform and build one source of truth. Use our native bidirectional ERP integrations (SAP and Oracle) and numerous API to streamline, validate and write back data. Ensure data integrity and tools interoperability with our technologies!
“Its diverse features have made it much easier to populate the real estate data for each location, share data, and create useful reports for decision-making. This is an extremely helpful software”
Intuitive Real Estate Workflow
NRE uses an easy-to-navigate hierarchy that follows the idea of locations (buildings), premises (stores or offices), and leases (contract agreements). Add specific details for buildings, stores, and contracts to have a clear portfolio overview with the possibility to drill down anytime!
“We require NRE for reports for our locations with respect to premise details, contacts, rent roll, and all lease-related matters for the location. It is a quick reference for our internal and external meetings.”
Configurable Ad-Hoc Dashboards & Reports
Nakisa’s numerous out-of-the-box dashboards and reports are easy to navigate and configure. Slice and dice data, choose parameters you want to monitor, and set granular permissions for your team. Enjoy real-time data analytics with no manual intervention for synching and validating data accuracy. You can finally build winning KPIs across the teams based on complete real estate data.
“NRE allows us to create custom-made reports to be used with our financial statements. These reports are also good tools to communicate information to various divisions to help them with the budgeting”
Action Center and Notifications
Our action center enables constant tracking of coming-to-term dates through notifications and email reminders. These can be as specific as per each lease, clause, or condition.
Stay on top of your activities, pending activations and deadlines. Save your time and avoid paying for delays!
“Very easy to check the current status. The reporting system is easy to use and NRE has excellent customer service. ”
Key Features For Your Automated Workflow
Year-end reconciliations (CAM, tax, insurance)
At year-end, auto-populate costs with data pegged from the lease conditions. Reconcile the accrual of expenses and the total costs of what should have been paid to avoid overpayments.
Percentage or Sales-Based Rent
Benefit from the automated calculation of your percentage rent on multiple sales. You can easily create calculation rules by adding or excluding categories.
AP/AR Management with Rent Roll
Use our rent table to allocate costs among multiple vendors and manage all types of payments. Handle all payment requirements and changes in your CRE portfolio.
Batch Processing
NRE supports mass operations: mass contract uploads, mass revisioning (such as terminations, renewals, and indexation), batch payments, and more.
Budgeting & Forecasting
Set up a budget for a specific period for a company or department. Easily manage budgets and forecast future RE needs based on occupancy rates and growth projections.
Vendor portal
At the year-end, a vendor can upload invoices by entering all the amounts, sliced and diced per charge. Vendor Portal enables easier auditing, automated calculation, and smoother reconciliation.
CPI Rent Calculations
NRE can sync multiple CPIs hosted in the system and apply them to payments automatically. Our software auto-calculates CPI increase, so you don’t need to do it manually.
Even more opportunities for smooth workflow:
- Intuitive UI/UX
- History of Changes and Lease Comparison
- Custom Templates
- Role-based Access and Single Sign On
Let's have a no-obligation call
Our solution experts will answer all your questions, share with you the best CRE practices and show how Nakisa helps handle the end-to-end business process.
Operations and Accounting Can Finally Team Up
All lease-related data can be gathered in Nakisa to ensure collaboration between departments.
Property managers enter information about a lease: square footage, photos, terms and conditions of maintenance, as well as property type. They have all automated calculations and reports for day-to-day operations.
Meanwhile, lease administrators and accountants approve the lease within the budget and get accurate real estate data automatically under the right ledger. They ensure timely audit and compliance without wasting time chasing property managers or reconciling real estate data from different sources.
Nakisa Software Allows You to:
- Ensure compliance with ASC 842 and IFRS 16 lease accounting standards (and upcoming standards).
- Have one dataset upload through one single platform (expenses, POs, invoices and everything A-Z), no need for dual solution maintenance.
- Add multi-currency FX translation, along with automatically adapting any remeasurement under ASC 830 and IAS 21.
Embrace the Future with Nakisa Cloud-Native Platform
Nakisa delivers business-critical solutions by utilizing innovative technologies such as Kubernetes, Kafka, CI/CD frameworks, Elasticsearch, Keycloak and many other state-of-art tech stacks.
Built on microservices, Nakisa Cloud Platform offers:
- Innovations & Updates
- High Scalability & Availability
NRE is a stable, scalable, and sustainable software that adjusts to your business growth needs. Empowered by Kubernetes, Nakisa is a failure-tolerant and self-healing system with an uptime availability of 99.5%.
- Enhanced Customer Support
Cyber Security and Data Privacy
All Nakisa solutions are built on a secure platform with data encryption, role-based access control, and audit capabilities to ensure compliance requirements. We utilize a leading IAM solution Keycloak to provide our clients with advanced authentication & authorization features.
- SOC 1 Type II & SOC 2 Type II audit report;
- A GDPR-ready solution;
- IT General Control with audit logs;
- Single-Sign-On;
- Role-based permissions.
Fast Migration From Your Old Solution
No worries about your historical data! We analyze your previous system and perform data migration. We also check what historical data you didn’t utilize in your previous solution but can now use in NRE (a data-gap analysis).
Together with your team, we’ll audit and validate data migration.
Nakisa Team’s technical skills have simplified so many of the daunting data migration tasks and brought to reality the configurations in transaction processing, user interfaces, and reporting that our business required.
Maria Tassou, Lease / Real Estate Administrator at LCBO
