James Massey, managing director of Facilities Management at MRI Software, says FM teams need to satisfy a growing expectation of ‘hotel-style’ amenities among office workers. There is little doubt that hybrid working is here to stay in the wake of the pandemic. But in 2023, the offer of hybrid working alone is not enough to…
MRI Software
MRI Software has completed the A$93.4 million acquisition of PropTech Group (PTG) announced in November 2022, following shareholder and regulatory approval for a Scheme Implementation Deed. Trading of PTG shares on the Australian Stock Exchange (ASX) was suspended at the close of business on 13 February 2023, with shareholders receiving A$0.60 for every PTG share…
A new survey of over 6,000 employees in the Unites States, the United Kingdom and Australia suggests modern office facilities and workplace practices are essential for retaining the best talent. Almost two-thirds of participants in the independent survey for MRI Software indicated a preference for more ‘hotel-style’ amenities in their workplace, including areas for socialising,…
MRI Software has signed a binding Scheme Implementation Deed to acquire 100 per cent of the share capital of PropTech Group Limited which develops and sells real estate software, and is listed on the Australian Securities Exchange (ASX). The A$0.60 cash per share offer, equating to an implied equity value of approximately A$93.4 million on…
MRI Software has presented its vision for the next generation of its open technology platform MRI Agora™ at the company’s Ascend users conference in New Orleans. According to the software developer, the new Agora platform will enable real estate businesses to make better decisions through connected data, automate mundane tasks, and differentiate through technology. “The…
MRI Software has announced its acquisition of Johannesburg-based TPN Group, a registered credit bureau serving the residential, commercial and education markets in South Africa. TPN’s solution portfolio includes verification services for credit, employment, and criminal records, as well as legislation-compliant document packs, market reports, and toolkits. Founded in 2000, TPN serves more than 20,000 property…
UAE-based AG Facilities Solutions (AGFS) has selected MRI Software’s scalable Evolution facilities management platform to assist its ongoing digital transformation. The software is expected to boost operational efficiency, increase automation, and improve access to data, allowing the company to provide more value to its customers, in addition to greater insight into process and system performance.…
MRI Software has acquired UK-based Springboard, a provider of footfall counting and artificial intelligence (AI)-powered analytics to retailers, landlords, and government bodies. The acquisition expands the [email protected]™ for Retail solutions suite, which currently serves more than 500 retailers and retail property owners and operators globally according to the company. Leveraging plug-and-play software, existing camera networks,…
Start Living, a single-family build-to-rent joint venture between TPG Real Estate Partners and Gatehouse Bank PLC, is implementing the MRI Living suite of solutions to drive operational efficiencies for their property management portfolio. Start Living offers two-, three- and four-bedroom homes in areas that provide family-focused amenities such as schools and leisure facilities, typically as…
MRI Software has entered into an agreement to acquire New Zealand PropTech developer and cloud relationship management, media and marketing management, and transaction management platform for real estate agencies, PropertySuite. PropertySuite is used by more than 4,000 residential, commercial, rural and project marketing real estate professionals across Australasia to consolidate disparate systems, reduce duplicative efforts,…
FSI has begun trading as MRI Software following its August 2021 acquisition, with the Concept Evolution CAFM/IWMS platform also rebranded as ‘MRI Evolution’. “Integrating FSI with MRI Software strengthens both organisations’ ability to support FM teams across a range of industry sectors by delivering an enhanced, scalable technology platform to manage and maintain facilities effectively,”…
UK part buy-part rent housing provider heylo has installed the MRI LivingTM software suite to help manage its portfolio. The deployment of MRI Living allows the company to leverage a flexible set of tools that encompass property management, sales and lettings, and resident portals, as well as MRI’s fixed asset accounting and strategic planning solutions.…
A survey of UK property managers by MRI Software reveals millennials have emerged as the dominant age group in the industry and that women continue to be underrepresented. The Voice of the Property Manager report was produced from a survey sample of 250 property management professionals in association with the UK Apartment Association (UKAA), the…
28.10.2021, 11:06 Improving the Leasing Experience the University of Oxford has expanded its use of MRI Software solutions, further streamlining tenant leasing operations and improving the experience for staff and customers. As the oldest university in the English-speaking world, the University of Oxford owns and manages a diverse property portfolio, including commercial, residential and…
19.10.2021, 16:32 RE:Visionary Awards 2021 MRI Software has announced the recipients of its third annual RE:Visionary Awards at the MRI Ascend 2021 North American users conference in Cleveland, Ohio. The RE:Visionary Awards, which were formerly known as the “MRI Innovation Awards”, honor MRI clients and partners who have leveraged the company’s open and connected…
27.05.2021, 22:00 Getting in Step with the Future of the Office A new survey by MRI Software and CoreNet Global shows tenants expect changes in space usage patterns post-Covid-19 whilst landlords don’t. MRI partnered with CoreNet Global, the leading association for corporate real estate professionals, to survey 200 tenants and 50 landlords across a broad…
20.05.2021, 14:43 ANZ Property Management Software Contract Real estate fund manager Centuria Capital Group has selected MRI Software to provide a cloud-based property management solution for a portfolio of around 200 assets. The solution will automate the full lifecycle management of the real estate assets which are part of Centuria Capital’s AUD $10 billion property…
27.10.2020, 22:20 MRI Enhances Real Estate Software Portfolio MRI Software has announced multiple enhancements to its real estate software portfolio at the first virtual edition of its North American users conference, MRI ‘Ascend Anywhere’. With more than 1,700 registrants, the conference brought together professionals from across the real estate industry to attend virtual keynotes, presentations…
20.08.2020, 18:03 Inc. 5000 Fastest-Growing Company MRI Software has been included in the Inc. 5000 list of fastest-growing private companies in the United States. The list, which is compiled by Inc. Magazine, is a ranking of the nation’s most successful independent businesses based on revenue growth from 2016 to 2019. MRI Software increased its…
15.04.2020, 15:06 MRI Extends Acquisitions Spree MRI Software has announced the acquisition of Castleton Technology PLC for £82.2 million, its second acquisition of a UK-based social housing software provider since March. The acquisition, which has been unanimously approved by the boards of both companies, is pending shareholder approval and follows MRI’s acquisition of privately held Orchard Information Systems which…
31.03.2020, 15:30 MRI Acquires UK Social Housing Software Specialist Real estate software solutions specialist MRI Software has acquired specialist provider of software solutions to the UK social housing sector, Orchard Information Systems. The acquisition adds to MRI’s offering for the UK residential market and provides innovation and scale to extend the reach of Orchard’s…
22.11.2019, 13:31 MRI Software Acquires Multifamily Insurance Partners Global real estate software company MRI Software has acquired Multifamily Insurance Partners, a leader in resident insurance programs for the US multifamily rental market. Headquartered in Ohio, Multifamily Insurance Partners is a pioneer in designing and executing resident insurance programs. Over 80 per cent of the…