{"id":21786,"date":"2018-09-04T14:15:57","date_gmt":"2018-09-04T11:15:57","guid":{"rendered":"https:\/\/thesis.net.gr\/intercontinental-international-chooses-thesis-property-re-mgmt-and-thesis-erp\/"},"modified":"2025-03-10T15:28:55","modified_gmt":"2025-03-10T13:28:55","slug":"intercontinental-international-chooses-thesis-property-re-mgmt-and-thesis-erp","status":"publish","type":"post","link":"https:\/\/thesis.net.gr\/en\/intercontinental-international-chooses-thesis-property-re-mgmt-and-thesis-erp\/","title":{"rendered":"Intercontinental International chooses Thesis Property &amp; RE Mgmt. and Thesis ERP"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-background-position:left top;--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:66px;--awb-padding-right:0px;--awb-padding-bottom:30px;--awb-padding-left:0px;--awb-background-color:#ffffff;--awb-border-sizes-top:0px;--awb-border-sizes-bottom:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_5 1_5 fusion-one-fifth fusion-column-first\" style=\"--awb-bg-size:cover;width:16.8%; margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_3_5 3_5 fusion-three-fifth\" style=\"--awb-bg-size:cover;width:58.4%; margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p><a href=\"https:\/\/thesis.net.gr\/wp-content\/uploads\/2018\/09\/ICI-Logo.png\"><img decoding=\"async\" class=\"alignnone wp-image-16360 size-full\" src=\"https:\/\/thesis.net.gr\/wp-content\/uploads\/2018\/09\/ICI-Logo.png\" alt=\"\" width=\"367\" height=\"89\" srcset=\"https:\/\/thesis.net.gr\/wp-content\/uploads\/2018\/09\/ICI-Logo-200x49.png 200w, https:\/\/thesis.net.gr\/wp-content\/uploads\/2018\/09\/ICI-Logo-300x73.png 300w, https:\/\/thesis.net.gr\/wp-content\/uploads\/2018\/09\/ICI-Logo.png 367w\" sizes=\"(max-width: 367px) 100vw, 367px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #0000ff;\"><a href=\"http:\/\/www.ici-reic.com\/\"><span style=\"color: #0000ff;\">INTERCONTINENTAL INTERNATIONAL REIT<\/span><\/a><\/span> (ICI) selected CGSoft and Thesis Property &amp; Real Estate Management for the management of its entire real estate portfolio, as well as Thesis ERP for its unified and complete internal organization. This honorable choice for CGSoft, for such a critical and special-requirements project, constitutes yet another confirmation of both the quality of the products and services offered by CGSoft in the Property &amp; Real Estate management software sector, as well as ICI&#8217;s strategic goal to continuously pioneer, bringing it -once again- to the forefront of the industry and the competition. At the same time, and in combination with the expertise of ICI executives, it guarantees in the best possible way the optimal result as well as the ability to offer high-level services to its customers, by utilizing the leading electronic applications for integrated property management, which we have been successfully offering in Greece and abroad for years.<\/p>\n<p style=\"text-align: justify;\">ICI is a member of the Association of Institutional Investors and listed on the Athens Stock Exchange. In the first half of 2017, its total assets amounted to 96.6 million euros and the book value of the share was calculated at 6.23 euros. ICI is affiliated with Chicago-based \u2018Intercontinental Real Estate &amp; Development Corporation\u2019, a vertically integrated real estate company that has been operating in North America for nearly half a century.<\/p>\n<p style=\"text-align: justify;\">ICI&#8217;s main objective is to create medium- to long-term added value for its shareholders, through the strategic development of its real estate portfolio, mainly in the Greek market. The real estate categories that ICI targets are primarily office space and retail. Regarding office space, ICI focuses on high-quality buildings with modern infrastructure in the main areas of business interest. Regarding the stores, they should be located in urban areas with high commercial value and visibility. Given the strong interest from hotel brands and hotel operators to establish or expand their existing activities in the Greek market, ICI is simultaneously examining selective investment opportunities in the hotel sector. Finally, while adhering to the qualitative investment criteria it has set, it is also considering the acquisition of other types of real estate (e.g. leased warehouses). In any case, ICI&#8217;s main concern is to exploit high-yield investment opportunities that meet the quality criteria it has set, such as long-term leased properties to reliable tenants or properties for which reliable tenants have been identified.<\/p>\n<p style=\"text-align: justify;\">Benefiting from the significant advantages offered by the REIC framework, managed by executives with deep market knowledge and a proven ability to generate high profitability, and operating as a &#8220;boutique&#8221; investment company, ICI thoroughly analyzes each investment opportunity, while at the same time maintaining low operating costs and long-term leases with reliable tenants. Thanks to the above, ICI&#8217;s portfolio proved to be resistant to economic turbulence, precisely because it was &#8220;built&#8221; in the midst of the economic crisis: its first purchase was completed in 2012, while since 2016 it has been implementing its investment plan more dynamically, resulting in an increase compared to June 2015, in building area by 93%, in total property value by 53% and in annualized rents by 39%, achieving a current portfolio return based on value, greater than 8%.<\/p>\n<p style=\"text-align: justify;\">Confident that we will soon return with equally and\/or more important news, we wish everyone a good and creative autumn.<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_5 1_5 fusion-one-fifth fusion-column-last\" style=\"--awb-bg-size:cover;width:16.8%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66,67],"tags":[],"class_list":["post-21786","post","type-post","status-publish","format-standard","hentry","category-corp_news-en","category-recommended-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intercontinental International chooses Thesis Property &amp; 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