MRI Software alternative: VemLease for shopping centres, retail and mixed portfolios
VemLease is an MRI Software alternative for landlords who want the lease, turnover rent, service charges, tenant sales and footfall in one platform with one data model, built and adapted by Vemco Group's own development team. MRI is a broad enterprise suite with many modules; this page names the MRI products, says what they are for, and shows where VemLease is the better fit for a property team.
A 30 minute demo on your own portfolio with a local Vemco team. Company email, no commitment.
What VemLease is, in five answers
What it is. VemLease is lease management software for landlords and property managers of shopping centres, retail property, office buildings, mixed-use and residential portfolios. Every lease sits in one register with its units, rent steps, indexation, turnover rent, charges, invoices and critical dates, and because VemLease is part of the Vemco platform, tenant sales from VemTenant, footfall from Vemcount and occupancy from VemSpace sit next to the lease data.
Core toolkit. Lease administration per company and management file; a rent roll built from the leases; service charge and CAM reconciliation with a budget per cost line, allocation keys, periodic quota invoices and a year-end settlement; tenant billing; critical dates with alerts; a tenant portal where retailers report their sales; and reporting with dashboards and a data cube for your own BI.
What makes it distinctive. One data model instead of a set of modules: the lease, the tenant's reported sales, the visitors at each entrance and the occupied space are read together. Turnover rent is calculated from the sales tenants report in the portal, with automatic reminders when a report is missing, and the footfall comes from Vemco's own sensors with a contractual accuracy minimum of 96 percent, typically 98 to 99 percent. Our own development team builds the platform, so when you need something adapted, we can do it.
Where it is most useful. Shopping centres with turnover rent and anchor leases, retail portfolios with many leases and landlords, office buildings that run a service charge year floor by floor, and mixed portfolios that want all of it in one place with local support from Vemco Group's offices and a certified partner network of more than 200 partners in 90 countries.
Access and learning curve. VemLease is 100 percent cloud, used in the browser, with users who only see the menus they have rights to. It was built as an out-of-the-box product for lease management rather than a generic ERP, so a property team works in the terms it already uses: units, leases, charges, invoices.
One honest limit. VemLease is a landlord-side lease platform. It does not try to be the accounting, investment management and facilities suite for a whole real estate group; it connects to the ERP you already run (SAP, Microsoft Dynamics, Sage, Salesforce, a REST API and a SQL Server data cube). If your organisation wants property accounting, investment management, energy and facilities from one enterprise vendor, MRI's suite is built for that, and the next section says so.
MRI Software, in short
MRI sells a suite of products, and the comparison only makes sense when the product is named.
MRI Property Management and Commercial Management
MRI's core products for residential and commercial portfolios: leasing, accounting, operations and lease administration, with MRI Property Management X as the current platform. MRI says more than 45,000 clients use its software worldwide.
MRI Qube and the regional products
MRI Qube is MRI's UK property management and accounting product, and MRI runs regional products and offices in the UK, Ireland, the Gulf, Australia, Singapore, Hong Kong and India. The product a buyer gets depends on the market.
MRI OnLocation and Agora
MRI owns OnLocation footfall analytics (the former Springboard business), so MRI also offers footfall data, and in June 2026 it launched Agora Intelligence and Agora Orchestrator for AI briefings and workflows across its products.
What review sites report
Reviewers on G2, Capterra and Software Advice praise MRI for deep accounting, configurable reports and long customer relationships. The same sites report modules that do not always fit together, yearly price increases, paid help for configuration, and bug fixes that wait in a queue; MRI Commercial Management has a small number of reviews on Capterra. Read these points as questions to check in your own demo rather than as a verdict. Based on publicly available information read in October 2026.
VemLease and MRI side by side
The columns say what each platform is built for. Where MRI does something VemLease does not, the table says so.
| Topic | VemLease | MRI Software |
|---|---|---|
| Built for | Landlords and managers of shopping centres, retail, office, mixed-use and residential property who want lease, sales, footfall and space data in one platform | Real estate organisations that want property management, accounting, investment management, facilities and energy from one enterprise suite |
| Lease administration | Leases per company and management file with rent steps, indexation and turnover rent in one flow, government indexes read automatically in several markets, alerts before critical dates | Lease administration in MRI Property Management and MRI Commercial Management, with AI lease abstraction in the commercial suite |
| Turnover rent and tenant sales | Tenants report their own sales in the VemLease portal with automatic reminders; turnover rent is calculated from it; VemTenant collects tenant sales per store across the Vemco platform | Tenant sales and percentage rent inside the commercial products |
| Service charges and CAM | Budget per cost line, allocation keys per community, periodic quota invoices, supplier invoices against budget, year-end settlement | Recoveries and service charge accounting inside the commercial products |
| Footfall and occupancy | Visitors per entrance and floor from Vemcount sensors (contractual accuracy minimum 96 percent, typically 98 to 99) and space occupancy from VemSpace, read with the lease in one data model | MRI OnLocation footfall analytics as a separate product |
| Accounting and ERP | Lease, charges and invoices in VemLease; connectors to SAP, Microsoft Dynamics, Sage and Salesforce, a REST API and a SQL Server data cube | Property accounting inside the suite; MRI positions itself as the system of record |
| Who develops it | Vemco Group's own development team; adaptations are built in-house when a customer needs them | MRI Software and its partner network |
| Support | Local support from Vemco Group's offices and partners | MRI support and regional offices |
MRI, MRI Software, MRI Qube, MRI OnLocation and MRI Agora are trademarks of MRI Software LLC. Statements about MRI are based on MRI's own public material and public review sites as of October 2026; check them against an MRI demo for your portfolio.
When MRI is the right choice
If your group wants property accounting, investment management, facilities, energy and leasing from one enterprise vendor with regional products in several countries, MRI's suite is built for that, and Vemco does not pretend otherwise. In that case the practical route is to keep MRI and add Vemcount footfall with a contractual accuracy minimum, so the visitor data next to your leases is measured at the entrance rather than estimated.
When VemLease is the better fit
If the daily work is turnover rent on reported sales, service charges over common areas, anchor leases with their dates, and the question of how many visitors each tenant actually gets, VemLease gives that to the property team in one data model, with an ERP connector for the accounting and a development team that adapts the platform when your leases need it. Start with a demo on one of your own properties.
Questions about VemLease as an MRI alternative
Is VemLease an alternative to MRI Software for shopping centres?
Yes. VemLease covers the lease, turnover rent on the sales tenants report, service charge reconciliation, tenant invoices, critical dates and reporting for shopping centres, retail chains, office buildings, mixed-use and residential portfolios, with footfall and occupancy from the same platform.
Which MRI product should I compare VemLease with?
MRI Property Management or MRI Commercial Management, and in the UK MRI Qube. MRI OnLocation is a footfall product, not a lease product, and Agora is MRI's AI layer across the suite.
MRI also offers footfall. What is the difference?
MRI OnLocation is a separate footfall analytics product. In VemLease the footfall comes from Vemcount sensors on the Vemco platform with a contractual accuracy minimum of 96 percent, typically 98 to 99, and it is read in the same data model as the lease and the tenant's reported sales, so the visitors per entrance and the turnover rent of the tenant next to it are one report.
What do review sites say about MRI?
G2, Capterra and Software Advice praise deep accounting, configurable reports and long customer relationships, and report modules that do not always fit together, yearly price increases, paid help for configuration and bug fixes that wait in a queue. Test the points in your own demo.
Which ERP and systems does VemLease connect to?
Connectors to SAP, Microsoft Dynamics, Sage and Salesforce, a REST API and a SQL Server data cube for your own reporting, plus Vemcount footfall, VemTenant tenant sales and VemSpace occupancy from the Vemco platform.
What does the in-house development team mean for a customer?
Our own development team builds the platform, so when you need something adapted, we can do it. Requests from customers shape the roadmap, which is why the lease, sales and footfall data sit in one model instead of three products.
See VemLease on your own portfolio
A 30 minute demo with a local Vemco team: your leases, your charges, your tenants. Company email, no commitment.