MRI Software, a global leader in real estate software and services, has created more than 250 new jobs over the last four years in South Africa. The company recently revealed its new state-of-the-art office in Cape Town, which employs around 270 staff members, including its regional leadership team. An additional 80 staff members work in the Johannesburg office.
MRI attributes its expansion to accelerated demand for property technology (PropTech) in the region.
“The business has experienced rapid growth over the last five years, and with significant future growth predicted for PropTech in South Africa, we don’t expect the trajectory to slow down,” said Mark Fairweather, Managing Director of MRI Software Africa.
“We’ve seen increased investment in PropTech as landlords, property developers and service providers look to enhance operational performance, reduce environmental impacts, and streamline processes through digitalisation, monitoring tools, and improved user experience,” he continued.
Despite the constrained growth of the current property market, MRI has also seen an uptick in demand for advanced facilities management technologies, AI-powered property management tools, and continued growth in the affordable and social housing sector and student accommodation.
The newly created jobs span a range of functions, from software engineering to managed services roles. The company has created a Centre of Excellence in South Africa, servicing both local and global clients.
Fairweather reveals that as MRI continues to scale its South African operations, local employees have attractive career growth and development opportunities.
“We have been very impressed with the calibre of talent we’ve hired in South Africa,” says Fairweather. “Currently, around 70% of our local workforce has been tasked with servicing our global client base, particularly clients in the UK given the aligned time zones.”
State-of-the-art Cape Town office
MRI recently celebrated the opening of its new Cape Town office, designed to inspire creativity and team collaboration in a flexible workspace to support the growing team. The new office nearly doubles the previous capacity, offering 164 desks, state-of-the-art video conferencing technology in all meeting rooms, and a fully equipped canteen. The facility utilises MRI OnLocation employee and visitor management software to create a secure, sustainable and efficient working environment.
“South Africa is an attractive investment destination for MRI,” reveals Fairweather. “The recent credit rating upgrade from Moody’s is an encouraging signal that the country is on the right trajectory when it comes to economic stability. Our significant presence in Cape Town acts as a good incentive for sought-after talent who often prefer to be based here.”
MRI’s property technology solutions are currently deployed in 18 African countries. Fairweather says the company will continue to leverage its South African base to take advantage of opportunities on the continent.
To learn more about career opportunities at MRI, view the job openings here.
About MRI Software
MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI’s open and connected, AI-first platform empowers owners, operators, and occupiers in commercial and residential property organisations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than six million users worldwide, including the social and affordable housing sector. Through innovative solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to realise their vision of building thriving communities and stronger businesses.
With offices in Cape Town and Johannesburg, MRI is a market leader in commercial real estate software in South Africa with a reinforced commitment to the region through its acquisitions of MDA Property Systems (2017), PropSys (2018) and most recently, TPN Credit Bureau (2022). For more information, please visit https://www.mrisoftware.com/za/
