Successful Danish PropTech Company, Yavica, Opens Office in London
Press Release 26-04-22
Red-hot demand for real estate digitalization makes Danish Yavica open a new office in Kennington, London. – Our implementation of innovative Microsoft-based software in more than 40 countries makes us relevant for most real estate companies in the UK as well, says Project Manager Jim Collings, who will run the office
May 2 marks the day when Danish real estate software provider Yavica opens a new six-person office in Kennington, London.
According to ex-Savills Project Manager, Jim Collings, who will run the office in the UK, Yavica will be targeting the many real estate companies that want to drive organizational insight and support growth with open end-to-end technology.
– British real estate appears busier than ever. During the past six months, I have encountered more projects kicking off compared to any other similar period during the past ten years. Consequently, we are tapping into a market with an abundance of newly established and confident real estate ventures or matured companies. Both want to expand their businesses and embrace a growing need for remote work, fuelled by the pandemic. This requires new software systems, and Yavica’s systems enable real estate companies to lift both tasks, says Project Manager Jim Collings.
Already implemented in 40 countries
One of Yavica’s main strengths for going to market in UK is that the Copenhagen headquartered PropTech solution has been universally developed from the get-go and already been implemented in more than 45 countries around the globe. The company has scaled rapidly from 4 to 85 employees since its beginning in 2017 and aims to double both turnover and employees by 2024.
Opening an office in the UK brings Yavica much closer to an important real estate market in Europe, says owner and CEO of Yavica, Mads Pihl Sørensen.
– British real estate is one of the largest and most valuable businesses in Europe and therefore a top priority for us. During the past five years we have demonstrated a multi-country implementation of the Microsoft Dynamics platform and our software FlexProperty, which handles country-specific legal requirements, and this we shall continue in the UK.
– Moreover, being here makes it easier for us to conduct functional consulting, where we strategize with clients about how we can strengthen their business processes -and of course, meet the right people, Mads Pihl Sørensen concludes.
Yavica’s real estate software is based on Microsoft’s Dynamics 365 platform and has been developed for 45 countries in 43 languages. It is ideal for a wide range of international real estate portfolio companies and many British as well. Among the many international customers are American Tishman Speyer Properties, IKEA Centres and Atrium European Real Estate, a property developer in Poland, the Czech Republic, and Slovakia.
– One of the big advantages is that it is easily integrated. No matter if the employees or external team members work from home or abroad, all data is cloud-based and therefore available live at any time. This increases data-sharing and fast and effective development of projects, says Jim Collings.
Jim Collings and his colleagues in Kennington have already eyed several potential prospects in England, Ireland, and Scotland. Due to Yavica’s international solution and proven track record in other countries, there is a strong consent at Yavica that the company will ‘bring something to the table’.