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l Khozama Investment Company, a leading Saudi Arabian real estate developer, has chosen Yardi to manage its luxury commercial properties, including the iconic Al Faisaliah Tower in Riyadh. This strategic partnership aims to enhance operational efficiency and tenant experience by integrating cutting-edge technology.
To optimize property management, Al Khozama will implement Yardi's Commercial Suite of products, which includes advanced lease management capabilities, deal management software, and forecasting tools. These features will enable the company to streamline financial operations, improve transparency, and make data-driven decisions.
The partnership aligns with Saudi Vision 2030, reflecting Al Khozama's commitment to smart real estate solutions that support the Kingdom's digital transformation goals. By adopting Yardi's technology, Al Khozama aims to drive greater transparency, optimize asset performance, and set new standards for property management in Saudi Arabia and the region.
"This partnership will enhance operational transparency, improve tenant satisfaction, and drive long-term growth," said Said Haider, senior director for Yardi. "We are excited to support Al Khozama's transformation and their commercial management offerings in the Kingdom of Saudi Arabia."
Al Khozama Investment has been shaping the Kingdom's luxury hospitality and commercial scene since 1995, with a portfolio that includes landmark hotels, high-end retail, and premium office spaces across key Saudi cities. Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies.
