Property Flash


April 25 2024 15:00

iShack Ventures, a South African outfit with a strong track record in proptech, has announced an integration partnership with MRI Software, a provider of real estate software services. The integration of iShack Venture’s Smart Building and iProp.Solutions digital platforms with MRI Property Central aims to grant property owners, managers and occupiers access to enhanced property management and real-time processes.

Effectively, iShack’s smart building technologies will be extended to MRI’s customers.

“The integration of MRI Property Central with our Smart Building and iProp.Solutions platforms presents next-generation enhanced end-to-end property management capability. Our customers enjoy real-time information, market-leading AI capability, increased functionality, and better asset management in a digital twin environment. This collectively delivers enhanced value by saving time and money, while effectively connecting communities such as tenants and suppliers,” said joint CEO of iShack Ventures, Wayne Berger.

Available through the MRI Partner Connect programme, the integrated solution offers end-to-end capability for all property types, including retail, office, industrial, logistics, residential and sectional title, and occupiers of space. The combined capabilities are well suited to property owners, managers, occupiers, and other users of any type of property or infrastructure, according to Berger. 

Sean Slack, VP of Partnerships at MRI, said: “We are excited to welcome iShack Ventures to the MRI Partner Connect programme, which will give MRI Property Central clients in the local real estate market access to the complementary functionality in the Smart Buildings platform.”

iShack Venture’s platform brings complementary functionality to MRI Property Central, including facilities management, energy and ESG management, lease management, visitor management, procurement management and community management together with real-time portfolio and industry information.

“MRI has a longstanding and successful track record internationally and in South Africa. This is an important milestone for iShack, and we are excited to partner with MRI. Our focus has always been underpinned by delivering world-class solutions to our clients, and our current offering is bolstered by a strong partnership with MRI,” said Peter Levett, joint CEO of iShack.

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