Paris – Montreal: 5th of December 2011 -- ICADE, through iPORTA, "real estate IT solutions", has acquired JMap-FM, an innovative software solution in property and asset management. As a software editor of iPorta suite, a tertiary real estate information systems tailored to each real estate profession: Asset, Property and Facility Management, this new acquisition extends the functionality of its IT solutions at the heart of real estate performance. JMap-FM is an extension of JMap, a map-oriented integration platform, created by K2 Geospatial, which facilitates the collaboration and exchange of information. The acquisition of JMap-FM will allow iPorta software suite to integrate the geographic function, which is fully compatible with the plans and drawing programs already operated by its users.
The demand for information systems in commercial real estate increases rapidly; needs are numerous and vary according to the areas of expertise: Asset, Property and Facilities Management. As a result, ICADE iPORTA built a modular, open and scalable portal solution designed to address those respective needs. The integration of JMap-FM within the iPorta software suite enhances its modularity while preserving its scalability, to guarantee continuing adaptation to the development needs of the real estate reference, its interoperability with trade tools already in place, and the flexibility to meet the characteristics of each profession and the specificities of each project.
Gerald Horlande, Managing Director of iPorta said: “In the real estate sector the implementation of structuring and efficient information systems has become a strategic necessity: For investors: due to the decision cycles of the real estate markets; for users to better control real estate resources; but also due to the complexity of domains dealt with, the interactivity between the domains involved and the quantity of information distributed among the various holders and data bases. Thus, the iPorta software suite with its new module JMap-FM, a true control and optimization tool, is part of this real estate performance and tertiary company growth perspective".
The solution JMap-FM brings a global vision in managing real estate assets. For instance, it has the ability to centrally store all system information such as; the occupation and maintenance of buildings database and to make it readily accessible to all users with no major changes to exiting applications. This allows to view and access data from any desktop such as; a plan with the ability to overlay layers of information and, to add, retrieve, share and transform data in a multidisciplinary approach as well as edit maps and plans.
Mr. Jacques Charron, President of K2Geospatial, said: "Icade is a well-respected organization in the real estate market whose activities cover the entire value chain. The strategic alliance with Icade has enormous potential because it combines our expertise to meet the challenges of growing organizations and to access, without conversion, heterogeneous information sources. This solution, a map-oriented integration platform, enables managers to maintain their existing real estate IT systems while having an overall operational view of reality in real time and managing projects with a sustainable and societal approach."
JMap-FM is a true tool adapted to each real estate profession to successfully enhance, map and easily update asset, property and facility management.
Icade is a listed company, subsidiary of the Caisse des Dépôts which carries out business activities in property investment and associated services in the offices, business parks, shopping centres, public healthcare and housing sectors. Expertise in its different business lines means that Icade is able to provide its clients with personalised solutions and act in respect of all the current concerns of the property sector. In 2010, Icade recorded consolidated turnover of 1,432 million euros and net current cash flow of 175 million euros. At 30 June 2011, the re-valued liquidation net asset value stood at 4,352 million euros or 83.9 euros per share.
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ABOUT K2 GEOSPATIAL
K2 Geospatial’s mission is to democratize access to spatial information and analysis tools by developing software that becomes visual aids to decision makers. The solutions meet the needs of land and building management, asset-infrastructure management and security. These solutions are intended for municipalities and regional governments, ports and airports as well as public utilities.
JMAP, its flagship product, is both a mapping platform dedicated to systems integration and a "Web-GIS" recognized for its openness and its neutrality, its speed, robustness and scalability. JMAP provides geospatial services as it accesses and operates, with ease, complex systems in silos.
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Francine Lecompte Gittins
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Montréal, Québec CANADA
Telephone : (514) 285-1211