zetVisions CIM at Union Investment Real Estate GmbH



Company Profile

Union Investment Real Estate GmbH is one of Europe’s leading property Investment management companies. We combine over 40 years of asset management expertise with the capital market expertise of the dynamic Union Investment Group. As one of the sector´s biggest players, we currently have assets under management of 18 billion Euros.
Our portfolios comprise some 250 prime properties in outstanding locations in the world´s major cities – as the “calling cards” of our tenants in 26 countries worldwide they provide a platform for business success.

Headquarters of
Union Investment Real Estate GmbH in Hamburg

Initial Situation

  • Growing importance of real estate companies for the funds of Union Investment
  • Internationalization
  • Multiple currency investments
  • New investment law
    • Real estate portfolio in companies (companies own more than one real estate)
    • Structuring holding companies

Motivation

  • Orientation of system infrastructure towards future requirements in the segment real estate
  • Enhancement of existing data structures in SAP to display distribution of ownerships and indirect real estates
  • Implementation of an integrated corporate investment management system
    • Administration of master data for real estate companies
    • Reporting system to control investments and service providers
    • Planning system for real estate companies
    • Integration of system components into the existing SAP infrastructure

Benefits

  • The only SAP based standard master data solution for corporate investment management
  • Complete system integration in existing SAP landscape
  • Marginal adaptations of SAP ERP necessary in the implementation phase
  • Range of functions of CIM covers approx. 85 % of the functional  requirements of corporate investment management in the field of master data
  • SAP standards provide an orientation for individual enhancements of applications (technical special knowledge not necessary, smooth handover to system operation)

“With the zetVisions Corporate Investment Manager we have introduced a central system component for Corporate Investment Management which blends seamlessly into our existing SAP system landscape, makes the essential functionalities available and – due to its technological base – is extendable and thereby provides security of investment accordingly.“
Alexander Eggert, Union Investment Real Estate Ltd, Head of Corporate Investment Management / Rolf Kollmannsperger, Union IT Services Ltd, IT Project Manager