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What is Nakisa Real Estate?

Nakisa Real Estate (NRE) is a cloud-native software designed to manage commercial real estate portfolios with 300+ leases and streamline lease accounting.

Being part of the integrated Nakisa Finance Suite, NRE ensures parallel compliance with lease accounting standards (IFRS 16, ASC 842, GASB 87, or other local GAAP).

Nakisa offers non-standard 4-4-5 calendar support, automated indexation adjustments (CPI, etc.), multi-currency FX translation under ASC 830 and IAS 21, lease modification and reassessment recordings on any effective date!

With Nakisa as a central hub for all lease data, lease accountants, lease administrators, and property managers can efficiently collaborate. Once a real estate professional adds lease terms and conditions to Nakisa, the software automatically sends the data under the right ledger for the lease accounting audit.

Who Uses Nakisa Real Estate?

Commercial real estate and accounting teams managing 300+ leased or owned assets that want to have one source of truth for real estate leases and operations and maintain IFRS 16 and ASC 842 compliance

Where can Nakisa Real Estate be deployed?

Cloud-based
On-premise

About the vendor

  • Nakisa
  • Located in Montreal, Canada
  • Founded in 2013

Nakisa Real Estate support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Austria, Brazil, British Virgin Islands, Canada and 17 others

Languages

Arabic, English, French, Japanese

Nakisa Real Estate pricing

Starting Price:

US$0.01/year
  • No free trial
  • No free version

Nakisa Real Estate does not have a free version and does not offer a free trial. Nakisa Real Estate paid version starts at US$0.01/year.

About the vendor

  • Nakisa
  • Located in Montreal, Canada
  • Founded in 2013

Nakisa Real Estate support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Austria, Brazil, British Virgin Islands, Canada and 17 others

Languages

Arabic, English, French, Japanese

Nakisa Real Estate videos and images

Nakisa Real Estate Software - Designed with commercial real estate logic in mind, Nakisa Real Estate has an intuitive interface and powerful features. Optimize your work with automated calculations, critical date notifications, and ad-hoc reports & dashboards.
Nakisa Real Estate Software - Save your team's time with mass operations and batch payments. Select or filter the leases you want to work with and perform mass operations like mass creation, termination, renewal, CPI indexation, contract uploads, and revision
Nakisa Real Estate Software - NRE enables your team to manage multiple percentage rent scenarios with complex calculations. Once you enter lease terms and conditions and integrate financial data from the point-of-sale systems, the software can accurately calculate your rent per period
Nakisa Real Estate Software - At year-end, automatically reconcile the accrual of expenses and the total costs of what should have been paid for CAM . NRE uses data pegged from the lease conditions. Our system flags any discrepancies and calculates the sum to be paid to or reimbursed.
Nakisa Real Estate Software - Use our various out-of-the-box reports to easily visualize your portfolios and drill down to critical information. NRE also allows end users and admins to generate configurable reports in a few clicks without IT involvement
View 6 more
Nakisa Real Estate video
Nakisa Real Estate Software - Designed with commercial real estate logic in mind, Nakisa Real Estate has an intuitive interface and powerful features. Optimize your work with automated calculations, critical date notifications, and ad-hoc reports & dashboards.
Nakisa Real Estate Software - Save your team's time with mass operations and batch payments. Select or filter the leases you want to work with and perform mass operations like mass creation, termination, renewal, CPI indexation, contract uploads, and revision
Nakisa Real Estate Software - NRE enables your team to manage multiple percentage rent scenarios with complex calculations. Once you enter lease terms and conditions and integrate financial data from the point-of-sale systems, the software can accurately calculate your rent per period
Nakisa Real Estate Software - At year-end, automatically reconcile the accrual of expenses and the total costs of what should have been paid for CAM . NRE uses data pegged from the lease conditions. Our system flags any discrepancies and calculates the sum to be paid to or reimbursed.
Nakisa Real Estate Software - Use our various out-of-the-box reports to easily visualize your portfolios and drill down to critical information. NRE also allows end users and admins to generate configurable reports in a few clicks without IT involvement

Features of Nakisa Real Estate

  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Alerts/Notifications
  • Amortisation Schedule
  • Asset Lifecycle Management
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Analysis
  • Commercial Properties
  • Commercial Property Management Software
  • Communication Management
  • Contact Management
  • Contract/License Management
  • Document Management
  • Expense Tracking
  • File Sharing
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Property Managers
  • For Real Estate
  • General Ledger
  • Insurance Management
  • Late Fee Calculation
  • Lease Management
  • Lease Origination
  • Lease Tracking
  • Listing Management
  • Maintenance Management
  • Maintenance Scheduling
  • Multi-Currency
  • Owner Portal
  • Payment Processing
  • Portfolio Management
  • Project Management
  • Property Database
  • Property Management
  • Reminders
  • Rent Tracking
  • Reporting & Statistics
  • Reporting/Analytics
  • Strategic Planning
  • Task Management
  • Tax Management
  • Tenant Portal
  • Third-Party Integrations
  • Vendor Management
  • Work Order Management

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Reviews of Nakisa Real Estate

Average score

Overall
4.5
Ease of Use
4.6
Customer Service
4.8
Features
4.5
Value for Money
4.9

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
55%
4
45%
Maria
Real Estate/Lease Administrator in Canada
Used the Software for: Not provided
Reviewer Source

Intuitive product and top-notch customer service

5.0 7 years ago

Comments: IMNAT came to offer a demo of InfoSite to our Real Estate Department among some top names in the software industry. From day one we were very impressed with the product as well as everyone on the team we have dealt with. Nearly six months since "go-live" using InfoSite, we are continuously reminded that we made the right choice. We migrated very successfully from fairly outdated software into InfoSite thanks to the efforts of the InfoSite team taking the time to understand how our existing database worked along with our business process and needs. This product was definitely designed with a clear understanding of the industry. Besides InfoSite being a user-friendly and flexible software, the team provides us with the best customer service. During the requirements phase, Customer support representative not only came back to us with solutions where we had specific needs but consistently did "one better" than we were asking for. A great example of his commitment and pride in the product. Since implementation and going live, I have worked most regularly with one of the Customer support representative who is always prompt with a reply, explains and demonstrates things perfectly, and ready with a suggestion of how to simplify reporting needs any time he sees a way that he can assist. Our entire department agrees he is very patient and accommodating and we further appreciate that these are traits shared amongst the IMNAT team. Lastly, behind the scenes, we know that, technical skills have simplified so many of the daunting data migration tasks and brought to reality the configurations in transaction processing, user interfaces, and reporting that our business has required. We are very pleased with the product, and the ongoing tech-support and reassurance from the IMNAT team whenever a question may arise have made moving to InfoSite a winning decision for us.

Eric
Senior Real Estate Advisor in Canada
Printing, 5,001–10,000 Employees
Used the Software for: 2+ years
Reviewer Source

Great software

5.0 7 years ago

Comments: Infosite is an excellent software allowing us to be more efficient with all our rent payments, to do better follow-ups on our deadlines, renewals, deposits, etc.
The software allows us to create custom made reports to be used with our financial statements.
These reports are also good tools to communicate information to various divisions in order to help them with their budgeting .
The software is very user friendly.
In short, it is essential for our real estate department.

Pros:

The software is very user friendly. I can share all information about our Real Estate very quickly.

Cons:

We are more efficient with all our rent payments We can do better follow-ups on our deadlines, renewals, deposits, etc. Create custom made reports.

Liann
REal Estate & Leasing Speacialist in Canada
Retail, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

Correct Data entry important

4.0 4 years ago

Comments: We require InfoSite for real estate / site reports for our locations with respect to premise details, contacts, rent roll, (all lease related matters for the location). It is quick reference for our meetings and both internal and external communication.

Pros:

Once the data has been entered correctly, the information on reports from InfoSite is a great reference.

Cons:

The sub level SAVEs required when making updates to Lease and Location

Johanne
Real Estate Administrator in Canada
Leisure, Travel & Tourism, 5,001–10,000 Employees
Used the Software for: 2+ years
Reviewer Source

The best!

5.0 7 years ago

Comments: This is a great system for lease management for tenants. Very flexible and user friendly. And the Customer support is the best ever!

Pros:

This software is made 100% for tenants. Before Infosite, we had to use softwares that were made for landlords and adapt them to our needs.

Cons:

At first, I found there was too much use of the mouse vs the keyboard, but got used to it really fast.

Yan
Accountant in Canada
Wholesale, 501–1,000 Employees
Used the Software for: 2+ years
Reviewer Source

easy use and efficient

5.0 7 years ago

Pros:

reporting system is easy to use and excellent customer service. very easy to check the current status.