SAP Real Estate Management (REFX)

Total visibility and control over your property portfolio.

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SAP Real Estate Management (REFX) enables organisations to manage owned, leased, and sub-leased properties with full transparency, financial integration, and compliance. It supports complex lease accounting, space utilisation, contract management, and operational reporting—all within your core SAP environment.

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At Plum Group, we help clients implement and tailor SAP REFX to meet the needs of commercial, industrial, and public sector real estate portfolios.

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SAP REFX Offers

• Lease & Contract Management
  Centralised control over lease agreements, terms, renewals, escalations, and obligations—integrated with finance and accounts payable.

• IFRS 16 & Compliance Support
  Meet local and international lease accounting standards (including IFRS 16 and ASC 842) through automated valuation, classification, and reporting.

• Property & Space Management
  Track properties, units, and spaces—enabling cost allocation, utilisation analysis, and occupancy optimisation.

• Integration with SAP Finance
  Direct posting of lease payments, accruals, and revaluations into SAP General Ledger with full audit trail and reporting.

• Flexible Master Data Structures
  Customisable object hierarchies for buildings, land, business entities, and usage types—tailored to your organisation’s operating model.

Our Approach

We deliver REFX projects that strike the right balance between compliance, operational needs, and ease of use—making sure the solution works for both finance and property teams.

• Portfolio Structuring – Designing a property data model aligned to your real-world portfolio and reporting obligations

• Compliance Configuration – Implementing lease accounting logic to meet audit and regulatory requirements

• End-to-End Integration – Connecting REFX with SAP FI/CO, AP, asset accounting, and cost centres for streamlined financial reporting

• User Training & Adoption – Supporting finance, legal, and property teams with process-driven training and embedded help

• Reporting & Analytics – Enabling visibility into lease liabilities, space utilisation, rent trends, and performance metrics

Who SAP REFX Is For

• Organisations with owned, leased, or mixed-use real estate portfolios

• Finance teams needing to comply with IFRS 16, ASC 842, or public sector reporting requirements

• Property, legal, and facility managers looking for a single source of truth

• Enterprises seeking to bring real estate management under SAP’s financial and operational umbrella

Why Plum Group?

We have deep experience delivering SAP REFX across industries—from commercial leasing to manufacturing and government portfolios. Our team understands both the technical setup and the business implications of real estate data and compliance.

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With Plum Group, your real estate data becomes a strategic asset—not a disconnected system.