RedstoneConnect PLC RedstoneConnect to deploy smart software platform
21 June 2017 - 4:00PM
RNS Non-Regulatory
TIDMREDS
RedstoneConnect PLC
21 June 2017
21 June 2017
RedstoneConnect Plc
("RedstoneConnect" or the "Company")
Contract win
RedstoneConnect to deploy smart shopping centre software
platform in Munich
RedstoneConnect (AIM: REDS), a leading provider of technology
and services for smart buildings and commercial spaces, announces
that it has secured a consulting and software mandate worth EUR0.75
million with TH Real Estate, one of the world's largest real estate
investment managers, to develop and install a smart software
solution for its PEP shopping centre in Munich, Germany.
The initial phase of the contract will see RedstoneConnect
provide consultancy services in order to design the framework for a
smart solution in the retail space. The project will culminate in
RedstoneConnect's software platform 'Connect' being deployed as
part of a major multi million euro refit of the shopping centre,
due to go live in 2018.
The 'Connect' platform will enable shoppers to find shops,
services or locate their car using in-centre wayfinding kiosks and
a location aware smartphone app. All data generated through digital
channels, including online and interactive directories, as well as
the smartphone app will be managed by the Company's Wayfinding,
CMS, CRM and MIS modules available through the 'Connect' platform.
Key services including smart parking, location based services,
Wi-Fi usage and audience measurement analytics will not only
deliver greater operational insight but also improve the shopper
experience.
Mark Braund, CEO of RedstoneConnect, commented:
"RedstoneConnect's track record in the design and installation
of smart solutions across some of the highest profile commercial
spaces was central in securing such a prestigious contract.
"Our unique ability to future-proof the retail experience for
shoppers, coupled with our diverse range of solutions, which are
capable of unlocking additional economic benefit for real estate
owners, is a robust market proposition. We continue to succeed in
securing contracts through our offering of consultancy, software
platforms and applications, reinforcing the need for smart
innovation within buildings, destinations and cities."
Enquiries:
RedstoneConnect Plc via Vigo Communications
Mark Braund (CEO)
Spencer Dredge (CFO)
Cantor Fitzgerald Europe (Nominated
Adviser & Joint Broker)
Marc Milmo/Phil Davies/Catherine +44 (0)20 7894
Leftley/Callum Butterfield 7000
Whitman Howard Limited (Joint Broker) +44 (0)207 659
Nick Lovering 1234
Vigo Communications (Financial
Public Relations)
Jeremy Garcia / Ben Simons / Antonia
Pollock +44 (0)20 7830
reds@vigocomms.com 9700
About RedstoneConnect
RedstoneConnect is focused on technologies that make real estate
more efficient and businesses more effective. Its businesses,
Redstone, Connect IB, Commensus and Anders + Kern provide the
infrastructure capabilities and the software applications to
deliver smart building and smart workspace solutions for commercial
businesses, public sector organisations, real estate owners and
managers. Visit our website at www.redstoneconnectplc.com.
About TH Real Estate
TH Real Estate, an investment affiliate of Nuveen (the
investment management arm of TIAA), is one of the largest real
estate investment managers in the world with c.$99bn in AUM.
Managing a suite of nearly 80 funds and mandates spanning both debt
and equity across diverse geographies, sectors, investment styles
and vehicle types, we provide access to every aspect of real estate
investing. With offices in 20 cities throughout the US, Europe and
Asia-Pacific, over 500 professionals and 80 years of investing
experience, the platform offers impressive local expertise coupled
with a sophisticated global perspective.
Our investment, asset management and corporate strategies grow
from a deep understanding of the structural trends that we believe
will shape the future of real estate and responsible investing
beyond market cycles. This 'Tomorrow's World' approach sits at the
core of our investment process and business operations, informing
our long-term view of real estate investments for the enduring
benefit of both clients and society. www.threalestate.com
This information is provided by RNS
The company news service from the London Stock Exchange
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