Real estate

Commercial real estate transactions twice as fast with Drooms data room

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A solution for your real estate portfolio

When buying or selling commercial real estate, both the purchaser and seller must have access to a detailed overview of all key information pertaining to the property, which often can encompass thousands of documents. The process usually is carried out in virtual a data room such as Drooms. However, even beyond the transaction, Drooms is a software solution that offers property owners an ongoing secure, structured, and centralised location for storing documents in the all stages of the asset life cycle.

 


Efficient transaction processes

With cross-border transactions increasingly driving the commercial property market and the digitisation of transaction processes becoming more common, conducting due diligence can be more challenging than usual. To ensure success, buyers and sellers in the international commercial real estate industry must be able to access transaction-relevant documents at any time, no matter where they are located.

Drooms, a market-leading virtual data room provider in Europe, can help you successfully close your transactions faster. We offer features like Instant Access Technology – in which all documents, even large ones such as construction plans, are displayed immediately and in real time – that can save you time and money.

Asset life cycle management

Looking past individual transactions, the commercial property market is fast-moving and highly volatile, requiring property owners to react quickly in order to take advantage of favourable opportunities. Additionally, fund managers with real estate portfolios also are subject to the Alternative Investment Fund Managers Directive (AIFMD), which requires that information must be readily available and accessible to all stakeholders, investors, depositaries, and regulators.

The Drooms virtual data room supports asset and fund managers in both aspects by providing a platform in which documents can be uploaded and shared securely at any time throughout an asset's life cycle (buy/hold/sell), increasing transparency and reducing market risk by ensuring underlying assets are transaction-ready.

Technical due diligence index for real estate transactions

When acquiring or selling a property, a well-done technical due diligence is a must ensuring the success of the deal. Download our complimentary index as Excel or Zip file.

Download technical due diligence index now

 

 


 

EXPO REAL 2017 interview
with CEO Alexandre Grellier

Drooms CEO Alexandre Grellier interviewed at EXPO 2017.

Topic: breakthroughs in commercial real estate transactions with the use of machine learning in automated document analysis, helping in the automated assessment of possible risks and opportunities. The Drooms NXG Findings Manager provides suggestions and red flags by pre-analysing the data room content; however, additional verification by due diligence experts remains crucial. At Drooms, we believe that artificial intelligence expands human competence to speed up due diligence workflows rather than replacing human analytics. The combination of due diligence expertise and machine analysis improves the deal process, delivering extremely reliable results.  

Global

Worldwide, secure access to the data room

Q&A

Integrated Q&A process for a more efficient communications workflow

Rights management

Assign and revoke user access rights as necessary

Multi-user

Parallel implementation of online due diligence for an unlimited number of bidders

Reporting

Detailed, real-time reports of all data room content and activities

Mobile

Convenient mobile access with our iPhone and iPad apps

New Q&A tool

Drooms NXG revolutionises the Q&A by making it easy to set up and enjoyable to use. Even complex Q&A processes with several levels of specialist approval are simple to configure, while an enhanced range of activity enables a more efficient workflow. For instance, you can add an attachment to an answer or link the latter to a document in the data room! You can also tailor the Q&A individually according to your needs and automate parts of the workflow, as well as keep full control over group activities and user permissions.

Q&A tool details

 

"You quickly realise that Drooms' data rooms are just made for handling real property transactions. One thing that impressed us in particular was how quickly documents could be displayed, even complex construction plans. You don't need to spend minutes loading files, whatever their shape and size — an incredible advantage that saved us a lot of time!"

Co-Head of Investment
NAI apollo group

Featured white papers

Technical Due Diligence Index

Drooms Technical Due Diligence Index: What you need to prepare your deal.

Due Diligence Index

You are responsible for preparing a deal and try to figure out which content is important? Start collecting your important documents immediately. Our Due-Diligence-Index with the most important documents can be found here.

Asset life cycle management

This white paper explains how to successfully implement a life cycle data room and how using one can help save money and time, as well as execute your deals faster.

Fourteen must-haves to boost the efficiency of your data room

Stop wasting time with data room software that doesn’t really improve your workflow.

More White Papers

Events

2nd European Chemistry Partnering

23.02.2018  •  Frankfurt, Germany

MIPIM 2018

13.03.2018 – 16.03.2018  •  Cannes, France

Mergermarket Germany Forum 2018

21.03.2018 – 22.03.2018  •  Düsseldorf, Germany

2nd CEE Mergers & Acquisitions Awards

22.03.2018  •  Warsaw, Poland

Expo Real 2018

08.10.2018 – 10.10.2018  •  Munich, Germany
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