First real data room with functional linking via digital platform
The real estate and IT specialist x.project has introduced VDR+, the first virtual data room with extended functionality for technical services such as technical purchase and sales inspections (TDD) or monitoring around real estate. The cloud-based system builds on a platform that has already been successful for two years and has now been significantly enhanced.
The name VDR+ stands for Virtual Data Room. In contrast to existing solutions, VDR+ provides web-based representations and digital links of all technical information relating to the properties in question. This provides numerous opportunities for connections to other data sources, such as the commercial systems of real estate portfolio holders in asset, property and facility management.
With VDR+ as the core module, functional links can be implemented with partially and fully automated work processes covering all aspects of real estate technology. For this purpose, x.project has developed its own programs and oriented itself to the latest research in the field of artificial intelligence.
With VDR+, we are revolutionizing technical real estate services and are among the pioneers in this proptech field. Portfolio holders and investors save time with our innovative data room and save resources for the really important things, such as increasing cash flows and increasing the value of the properties.
Through VDR+, additional modules from the areas of transactions, construction and ongoing operations can be used via the digital platform. These include the TDD+ module for the digital linking of information within the due diligence processes when buying and selling real estate, MON+ for monitorings for the quality-assured presentation of cost, schedule and quality monitoring in real estate projects, or TAM+ for the complete real estate technology in ongoing operation and development in the area of technical asset management.
Until now, the market has lacked a real data room. Although there are document rooms, interactive links with partially and fully automated processes have not existed in this form to date. The platform is available 24/7 and can also be used with mobile devices. The most important thing is the intelligent and functional linking of all data.
VDR+ saves time and streamlines work processes. In addition, efficiency increases are achieved through better project management and the provision of all data on a standardized platform.
Holger Weber, founder and board member of x.project AG
Jens Dehnbostel, Chief Client Officer