Aegis Asset Management Enhances Deal Data Platform... Aiming for Investment Speed Advantage
IGIS Asset Management is accelerating its digital transformation to enhance its deal sourcing capabilities and improve the efficiency of initial investment reviews.
IGIS Asset Management announced on the 19th that it recently launched the ‘IGIS Deal Board,’ a data-driven platform for managing and analyzing deals.
The IGIS Deal Board is an internal digital platform that makes it easy to verify listings, the first step in real estate investment. This platform includes new listing information such as publicly available bidding properties as well as past transaction data. Through this, the investment department can quickly recognize new listings and make initial investment decisions by comparing them with nearby transaction cases.
The commercial real estate market experiences information asymmetry regarding listings depending on participants’ affiliations and networks. This directly impacts the competitiveness of asset management firms. Even within the same company, it is common for managers to be aware of different listings based on their individual networks.
The IGIS Deal Board was created with the purpose of sharing market information across the entire investment department and strengthening company-wide deal sourcing capabilities. The ‘Investment S&R Team,’ which collects and manages new deal information through deal sourcing and initial review tasks, collaborated with the ‘D-Lab’ (IGIS Data Lab), responsible for the digital transformation of work processes, to develop this digital solution.
At the end of last year, IGIS Asset Management also launched ‘Caflur,’ a financial model platform necessary for initial investment reviews. Caflur is a portmanteau of ‘Cashflow,’ a financial model used for project reviews by adjusting investment assumptions and various variables, and ‘Plus,’ indicating enhanced functionality and convenience.
By automatically estimating cash flow when changing variables such as investment period, refinancing, rent, and management fee growth rates, Caflur improves convenience and accuracy, and its standardized format facilitates third-party verification and utilization.
Caflur will offer subsequent versions starting with a physical asset model, followed by value-add models that increase profitability through asset renovations, and development project review models.
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An IGIS Asset Management representative stated, “With the joint launch of the IGIS Deal Board and Caflur by the Investment S&R Team and D-Lab, we expect company-wide productivity improvements and strengthened deal sourcing capabilities. We plan to minimize inefficiencies in existing work methods and enhance digital capabilities throughout the deal sourcing and post-management processes to offer faster and more accurate products to institutional investors and other clients.”
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