Virtual Premise augments real estate solution

Atlanta Real estate software provider Virtual Premise said Thursday it has released a newly enhanced VP Retail Edition, which includes an advanced strategy and analytics module providing visibility into critical store performance and real estate information.

This latest release consolidates critical deal, store, lease, demographic, sales and center information with data from other business systems into actionable information. The technology allows retailers to more effectively monitor store performance and strategy execution from a real estate perspective.

According to the company, embedded within the basic structure and functionality of the VP Retail Edition are industry best practices for eliminating information silos, opening stores faster, staying within budget, better managing existing portfolios and leveraging available lease terms.

The strategy and analytics module provides enhanced business intelligence, efficiently consolidating market and competitor information, lease, and store performance indicators into one central system.

Virtual Premise will demonstrate the new real estate technology solution to retailers in the company's booth number S6653 at the ICSC (International Council of Shopping Centers) RECon, May 23-25, in Las Vegas.