Measures suited to each asset type
Callidus uses widely recognised industry indicators suited to each asset type. Definitions, data sources and calculation methods are agreed before reports are built.
Hotels and resorts
Occupancy (OCC), average daily rate (ADR), revenue per available room (RevPAR), gross operating profit (GOP) and GOP per available room (GOPPAR); an agreed USALI operating reporting structure, together with channel mix and aggregate guest review scores.
Serviced residences and villas
Occupancy, average length of stay and revenue per unit, with separate statements for each unit owner where a property has several owners.
Branded residences
Rental programme results, distributions to unit owners, service charges and sinking funds, according to the contracts and ownership structure.
Shopping centres
Occupancy, footfall, tenant sales per square metre, operating costs per square metre and tenants’ occupancy cost ratio, using the available data and agreed calculation basis.
Offices
Occupancy, rent and operating costs per square metre, rent-weighted average lease expiry (WALE) and tenant mix; areas determined using an agreed measurement basis, such as IPMS or BOMA where appropriate.
Mixed-use developments and portfolios
Individual components and consolidated reporting at property or portfolio level, using aligned reporting periods, currencies and calculation methods.
Within Rubix International
Callidus is the asset management platform for every property that Rubix International owns or operates on behalf of its clients, including those of Estates by Rubix International and Passerine Lifestyle.