The key challenges included:
- Requirement to capture projected CapEx from due diligence audits on acquisition targets.
- The ability to manage Building Assessment Reports in a centralized document repository.
- Manage CapEx forecasts across the existing portfolio.
The Refined Data platform is now home to every aspect of CapREIT’s CapEx and risk management operations. The solution provides a unified view of the foretasted capital expenditures at each property, as well as the portfolio as a whole. This new-found visibility helps protect CapREIT from the downside and provides welcome new operational efficiencies.
CapREIT has branded the Refined Data platform “Ops-in-a-Box”, and is using the solution to power every aspect of their
site and corporate operations.
CapEx Risk Management
CapREIT is now able to manage every aspect of CapEx, including Building Condition Assessments, expenditures.
Sustainability & ESG
The platform is managing CapREITs reporting into GRESB, as well as monitoring the overall certification and renewal process at every facility.