Real Estate

Accounting services for the property sector
“Our teams specialising in the property sector provide expert, flexible and responsive support for your business operations and development projects.”

Our expertise

The leading chartered accountant in the property sector

To focus on creating value, make use of our resources to guide and support you in addressing your specific challenges and achieving your objectives.

 
  • A dedicated and qualified team, working on behalf of French and international property companies and funds (with nearly €20 billion in assets under management),
  • Sector-specific expertise: recognised expertise in supporting property professionals with solutions tailored to different business structures and their activities,
  • Proficiency in information systems: use of complex software (SAP, Sage, Oracle, Yardi, Kyriba, Yooz, etc.) to ensure data security and effective reporting,
  • A streamlined organisation: efficient and well-managed outsourcing processes, and a bespoke customer-focused approach tailored to your deadlines and quality requirements.

Your benefits

01

Data reliability

Build investor confidence and streamline your strategic decision-making
02

Responsiveness

Have dedicated contacts who are there to listen to you
03

Effectiveness

Take advantage of digitalisation and streamlined processes to establish an effective internal control system
04

Optimising your resources

Free up time for your teams and focus your resources on high-value-added projects

Our services

Accounting and Consolidation

Outsourcing of corporate accounting and acting as an appointed accountant (OPPCI) on behalf of management companies

Regulatory reporting

Calculation of ratios, reporting (including CSRD)

Management Accounting

Analysis of rental management and budget forecasts, KPIs

Taxation

Compliance with reporting requirements and property regulations (SIIC, OPPCI, VAT, foreign nationals)

Back office

Payment processing solutions, KPI reporting

Legal Secretariat

General and specialist legal support

Our commitments

When you choose Ad Astra, you benefit from key, bespoke expertise
  • Benefit from our expertise and knowledge of the specific accounting, tax and financial requirements of the property sector
  • Efficiency guaranteed through the implementation of structured processes and our expertise in information systems
  • Ongoing support and dedicated contacts to help us build a partnership with you that is always tailored to your needs

business case

A leading French asset management firm
Context

In addition to an existing portfolio, the acquisition in 2020 of a portfolio comprising around 50 entities, including OPCIs, SCPIs, FPIs and SCIs, requiring the involvement of a dedicated team.

Work performed

Wide range of services:

  • Accounting and tax outsourcing, including the preparation of monthly and quarterly reports, assistance with the preparation of annual reports, and the preparation of consolidated accounts,
  • Property management and budget forecasting,
  • Cash flow management, payment support and the implementation of dedicated reporting systems.
Results

Successful takeover of the outsourced accounting and tax functions, implementation of property management controls and establishment of a treasury team.

business case

A French international group specialising in insurance
Context

Work carried out for 12 funds representing 85 entities comprising OPCIs, SCCVs, SCIs and SASs,

Regular use of the Yardi software for bookkeeping and the production of reports.

Work performed

Accounting and tax advisory services:

  • Production of quarterly reports,
  • Valuation of OPCIs in conjunction with custodians,
  • Monitoring the timelines for off-plan sales and property development contracts in collaboration with asset managers,
  • Support for auditors,
  • Payment support.
Results

Improving the reliability of financial reporting,

Establishing a dedicated team for each of the funds under management.

business case

US investment bank
Context

Work carried out on four investment funds comprising 35 entities, including OPCIs, SCIs, SNCs and SASs.

Work performed
  • Accounting, tax and back-office support services, with a particular focus on property refurbishment and conversion projects, in collaboration with property managers and asset managers,
  • Provision of an independent team specialising in financial controlling to carry out a third-party review of the reports prepared and to produce specific reports for investors.
Results

Our reliability and expertise have been recognised by this client for around fifteen years,

Improved productivity leading to greater efficiency and added value.