LONDON, JAN 2018 — AIPUT (Airport Industrial Property Unit Trust), the specialist owner and manager of UK airport industrial warehouse and logistics property with assets of over £620 million and managed by Aberdeen Standard Investments, is to partner with leasing and asset management platform VTS.
AIPUT is the first specialist industrial property owner-manager to harness the VTS technology in the UK. The market-leading partnership is creating a centralised information and management system, providing real-time, portfolio-wide information and communication across the Aberdeen business, for the team to proactively identify, retain and expand global tenant relationships.
VTS will also provide a platform that can plug in and share data and market information with its external consultants, including leasing agents, legal advisers and property managers, helping to speed up the transaction process, service analysis and improve customer experience.
Nick Smith, Fund Manager of AIPUT, Aberdeen Standard Investments said:
“VTS provides AIPUT with a monumental step-change. Real-time access to AIPUT’s portfolio data through VTS is enabling us to better interpret the fast-paced and highly competitive airport-related industrial market, allowing us to work closer with our partners, wherever they are based in the world.
The VTS edge strengthens our team-wide communication, giving us the highly valuable bedrock to make quicker and better informed decisions that solve problems, and deliver the right property solutions for our customers. “
Charlie Wade, UK Managing Director of VTS, said:
“The integration of VTS into this complex and unique asset class provides an ideal opportunity to demonstrate the depth and breadth of benefits that the platform can bring to an internationally-focused business. It is not hard to see how a jump from data fragmentation to real-time oversight of all tenant relationships will help AIPUT direct resources, make better decisions and optimise income.”
VTS is the leasing and asset management platform for commercial real estate, enabling the world’s top landlords and agents to increase revenue, improve productivity and reduce risk across their portfolios. In November 2016, VTS and Hightower merged, bringing owners, investors and agents from around the globe together on one platform. With over 6.5 billion square feet under management, VTS is the driving force behind the industry’s shift toward real-time data. For more information, visit vts.com.