HAMBURG, Germany, October 28, 2022—Tower360, a rapidly growing provider of software solutions for the real estate industry, announced today that Ampega Asset Management, a subsidiary of Talanx Group, has adopted its asset management solution to manage its direct German real estate portfolio. A multi-year agreement has been signed.

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Ralf Schwalenberg, head of letting management, commented, “Tower360’s platform will, for the first time, allow the multiple business units inside Ampega Asset Management to collaborate in real time and access all their critical data and workflows on a single, unified digital platform, including lease management, vacancy management, modeling of lease proposals and approvals, and generation of complex commercial lease agreements, thereby covering the entire cycle of lease management.”

“We are pleased to be partnering with Tower360. Having carefully surveyed the marketplace over the past year, we found that Tower360 really stood out as a company—not only for its deep understanding of the real estate industry and its processes but also for its expertise in implementing complex digitization projects and its position at the forefront of developing highly configurable and scalable workflow platforms. We are delighted to have found in Tower360 a long-term partner for the digitization of our real estate portfolio,” said Djam Mohebbi-Ahari, managing director, Ampega Investment GmbH.

“Our application is designed to enable our clients to achieve a competitive advantage by digitizing processes in an end-to-end fashion and centralizing all critical data around an asset on a single platform,” said Chakra Banerjee, co-founder of Tower360.

Julian Vogel, co-founder of Tower360, added, “We are pleased to support one of the largest asset managers in Germany on this strategic project to build a foundation for digital performance around their real estate operations.”


About Ampega

With total managed assets of EUR 165.2 billion and 440 employees, Ampega, a subsidiary of Talanx Group, is one of the largest bank-independent asset managers in Germany. Ampega offers end-to-end services for commercial real estate, including asset management, real estate management, and fund initiation.

For further information, please visit the company’s website at https://www.ampega.com/


About Tower360

Tower360 GmbH is a fast-growing provider of business software for the real estate sector. The company’s vision is to provide a platform for integrated asset management. Tower360 improves collaboration between asset managers, owners, and their property managers by consolidating all data and workflows into a single platform.

For further information, please visit the company’s website at http://www.tower360.co/

quote
Chakra_Profile

By consolidating all necessary information into a single system, we have eliminated the need to search for approval sheets or track deal updates, resulting in a significant savings of valuable working hours. As a result, our leasing process is now highly standardized, efficient, and able to withstand audits.

Challenges

What motivated Ampega Asset Management to revamp their leasing and asset management strategy?

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

Challenges

What motivated Ampega Asset Management to revamp their leasing and asset management strategy?

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

5 hours productivity gains per week

AAM managed their leasing process on a self-developed legacy system that only covered a portion of the leasing process, while their tenant and deal data was dispersed across multiple locations and formats. However, with a growing leasing portfolio of over 1 million square meters of office space, the team recognized the need to centralize and standardize this information. TOWER360 proved to be the ideal solution to meet this requirement.

quote
Chakra_Profile

By consolidating all necessary information into a single system, we have eliminated the need to search for approval sheets or track deal updates, resulting in a significant savings of valuable working hours. As a result, our leasing process is now highly standardized, efficient, and able to withstand audits.

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