As a result of the FCO’s multiple locations, properties, and other assets the FCO becomes one of the largest Horizon clients. The FCO, which promotes the UK’s interests overseas and supports its citizens and businesses around the globe, will be utilizing MRI’s software solutions to manage various real estate processes for more than 5,000 properties.
The range of functions that will be supported by MRI’s Horizon software under the FCO agreement includes lease management, lease accounting and compliance with IFRS 16 obligations, facilities management, health and safety compliance inspections, property condition inspections, forward maintenance bids, asset registers, and property and asset valuations.
Dermot Briody, MRI’s Executive Managing Director, Europe, commented: “We are delighted to have been selected by the FCO to provide the IWMS technology to support the management of its global holdings.
“Supporting government departments and other organisations to ensure they are able to effectively manage extensive property and asset portfolios is central to what Horizon delivers. As a leading solution for occupiers of multi-country property portfolios, Horizon enables collaboration and efficient practices for large teams spread across various geographies.”
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