Primary Health Properties PLC, a leading dedicated UK healthcare Real Estate Investment Trust, has standardised on LandMark, the leading property management solution, following the consolidation of its management services provision to Nexus Tradeco Limited.
Nexus now uses LandMark to enhance the management of Primary Healthcare Properties’ rapidly expanding portfolio of primary healthcare facilities, the majority of which are leased to GP surgeries, with other properties let to the NHS, pharmacies and UK government.
According to Phil Holland, Finance Director and Deputy Managing Director of Primary Healthcare Properties: “This consolidation of management services with Nexus has provided the opportunity to consolidate property management systems to meet our current and future business needs. As a leading provider of software solutions to the property sector, Hexagon Software understands our requirements and can demonstrate a track record of successful deployments with other similar organisations. Hexagon’s reputation in this sector gave us the confidence that the software would meet our long term business requirements.”
The LandMark system is delivering significant increases in efficiency by speeding up access to property management information, enabling the rapid production of management reports and providing an instant view of the portfolio which is now valued at more than £1.1 billion. It enhances the entire tenant management process, allowing every aspect of the portfolio to be easily assessed and analysed.
For Primary Healthcare Properties, Nexus has also deployed the Dream financial management system which offers comprehensive accounting functionality with a web portal giving an instant view of the business and access to a comprehensive range of reports. It provides web-based invoice authorisation functionality with email alerts automatically generated to designated users who can logon to approve as required. The system also provides high levels of flexibility and scalability to accommodate the organisation’s planned growth strategy.
“Hexagon Software has provided us with greater control over our growing property portfolio and enabled us to increase day-to-day efficiency across the organisation,” continued Phil Holland. “It is helping the management team to maximise available opportunities and consolidate our position as a leading provider of high quality primary care facilities in the UK.”
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