23 January 2019 · PRESS RELEASE

VTS Introduces VTS 3, the Next Generation of its Market-Leading Leasing and Asset Management Platform

The major release will give commercial real estate professionals unprecedented access to real-time insights, enabling them to convert leads to leases with unparalleled speed.

New York, NY  — January 23, 2019VTS, the commercial real estate industry’s leading leasing and asset management platform, today launched the next generation of the VTS platform, VTS 3. This major release of VTS includes powerful all-new business intelligence capabilities, giving landlords the ability to unlock insights from their portfolios to convert more leads to leases and build an informed, data-led asset strategy.

VTS has already transformed commercial real estate by automating the leasing and asset management workflow and giving landlords a place to track information and accelerate deals. Now with VTS 3, the next generation of VTS software elevates the leasing and asset management experience for landlords by delivering a platform that powers strategic business decisions and converts even more leads to leases, faster than ever before.

“VTS 3 is the result of significant, continued investment in R&D to ensure we continue to deliver market-leading software to our users. By giving our customers the ability to step up their leasing and asset management with their own data, VTS becomes the only provider in commercial real estate that gives landlords critical and instantaneous business insights,” said Nick Romito, CEO of VTS.

Powerful business intelligence and alerts, fueling your leasing and asset management decisions

With VTS 3, VTS is adding all-new business intelligence and custom alert capabilities which have been designed specifically with the workflows of leasing and asset management professionals in mind. Business intelligence enables users to make sense of large amounts of complex data and draw out critical insights through easy to understand visualizations and reports – and is commonly used by business professionals to make more powerful, data-led business decisions.

VTS 3 surfaces insights CRE professionals have never had access to before, by:

  • Delivering actionable insights including supply and demand analysis, tenant exposure and risk, and leasing bottlenecks
  • Sending automated alerts and emails based on specific scenarios or portfolio goals to help you react and adapt in real time
  • Enabling you to drill into underlying data to spot specific areas of opportunity, risks, or inaccuracies
  • Allowing you to customize your experience to your unique business requirements and goals

“VTS nailed it. We’re incredibly impressed with VTS 3 and are already using it to make better decisions portfolio-wide. By surfacing critical insights, we’re able to create more effective strategies in response to real-time market conditions, and act quickly to minimize leasing inefficiencies. What’s more, the automated alerts and emails allow all of our necessary stakeholders to remain completely up-to-date with key portfolio insights even if they are not day to day users of the platform,” said George Johnstone, Executive Vice President - Operations, Brandywine Realty Trust.

The launch of VTS 3 follows the announcement of VTS MarketView, the commercial real estate industry’s first real-time market benchmarking and analytics, and the VTS marketplace, which will provide the first end-to-end platform for landlords, brokers, tenant reps, and tenants to complete leases online. As part of the next generation leasing and asset management platform, MarketView and the VTS marketplace will be built on top of this latest version of VTS software.

Pricing and General Availability
The next generation of the VTS platform, VTS 3, is now available. Existing VTS clients can activate the new version of the platform today. New customers can visit vts.com and request a free demo.

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About VTS
VTS is the commercial real estate industry’s leading leasing and asset management platform. Landlords use VTS to maximize portfolio performance by transforming their leasing and asset management process and unlocking real-time insights – enabling them to convert leads to leases faster than ever before, and build an informed, data-led asset strategy. Brokers can manage their deal pipeline and get tenants into empty spaces faster, collaborate across teams and work easily with their landlord clients using VTS for Brokers.

The VTS platform manages more than 9 billion square feet of commercial real estate and a user base exceeding 34,000, and boasts an impressive client roster that includes global leaders such as Beacon Capital Partners, Blackstone, LaSalle Investment Management, Hines, Boston Properties, JLL, and CBRE.

Media Contact:
Elizabeth Latino
Elatino@marinopr.com
(212) 889-0808

Allie Lenney
alenney@marinopr.com
(212) 402-3511

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