Catella Real Estate AG successfully migrates to SAP S/4HANA with the SemTrac platform Sem.FUNDS.line

Press release
Munich, April 08, 2019

Using their software platform Sem.FUNDS.line, SemTrac Consulting AG succeeded in one of the first complete implementations of SAP S/4HANA, the next generation of the SAP Business Suite. The ambitious project could be implemented for Catella Real Estate AG in the shortest possible time, so that the highly automated data migration could go live with seamless transition just in time on the due date. Sem.FUNDS.line is SemTrac’s first SAP S/4HANA-based platform for real estate IMCs.

SemTrac Consulting AG, with offices in Munich, Hamburg and Stephanskirchen, was the ideal SAP partner for Catella Real Estate AG to implement the migration to SAP S/4HANA successfully. Catella is a pan-European special provider of real estate investment solutions, currently managing 17 open-ended, regulated real estate funds.

The rollout and transfer of all managed funds went without difficulty. Only ten months after the start of the project, on 31.12.2017, Catella was already able to use the system in productive operation. As one of the first investment management companies, Catella can use Sem.FUNDS.line, the SemTrac software certified for S/4HANA, to handle all fund-related processes via the new SAP platform.

Catella found it easy to decide in favour of SemTrac Consulting as a full-service provider: »SemTrac stand for high quality, delivery reliability and future security. The software tool Sem.FUNDS.line offers us better reporting and optimum support for our processes. We were also very impressed by the range of functionality implemented,« explained Catella board member Dr. Bernd Thalheimer. All fund accounting, treasury management and real estate management processes can be integrated with the SemTrac software via SAP S/4HANA.

SemTrac Consulting AG was also very satisfied with the progress of the project: »We are proud to be one of the first companies to successfully implement the software solution in S/4HANA,« says CEO Klaus Letzing.

Catella Real Estate AG

Catella Real Estate AG