British Heart Foundation Selects Trimble’s Manhattan Software For Retail Real Estate Portfolio Management

Trimble (NASDAQ: TRMB) announced today the British Heart Foundation (BHF) has selected Trimble’s Manhattan™ Integrated Workplace Management System (IWMS) to streamline their real estate management of 738 shops and stores across the U.K.

With the BHF committed to supporting the lives of the 7.4 million people in the U.K. living with heart disease, profits from the charity’s retail outlets already account for around a third of the total funds raised by the BHF each year. The resulting cost savings from optimizing its real estate performance with Manhattan will enable BHF’s retail outlets to further contribute to life-saving research.

“After a thorough evaluation, we chose the Trimble Manhattan system to help us to streamline our processes and reduce our property management costs. Manhattan will provide instant access to accurate and up-to-date information about all aspects of our store portfolio. It will even give us a single view so we can manage our properties as efficiently as possible on many different levels,” said Mike Taylor, commercial director at the BHF. “With such a large store portfolio, it’s vital that we keep innovating in order to help raise even more funds for vital heart research.”

Manhattan is a modular, enterprise software solution for planning, managing and optimizing an organization’s real estate portfolio. It is designed for the entire facility lifecycle to streamline processes, improve control, maximize resource utilization and help reduce total costs—from initial planning and negotiations to managing live leases, IASB/FASB compliance, processing maintenance and analyzing performance.

The BHF plans to introduce Manhattan’s advanced functionality and automated process capabilities in phases with implementation initially focused on lease, transaction, maintenance management and reporting.

The software will also allow a more systematic approach to lease management and provide real-time reporting, based on centralized property data and lease information. Manhattan’s broad functionality is expected to be able to cover most, if not all property management requirements going forward. The system’s modular design allows for a flexible approach to changes; modules can be added in phases.

“We are proud that the BHF has chosen Manhattan to support its property management team,” said Chris Cronin, business area director, Trimble’s Real Estate and Workplace Solutions (REWS). “Manhattan has the capability to simplify management processes, boost efficiency, improve strategic decision-making and ultimately, enable the charity’s retail activities to make an even greater contribution to the funding of life-saving medical research.” – PR Newswire