COMMERCIAL REAL ESTATE

When contractual management becomes a performance lever

When contractual management becomes a performance lever

When contractual management becomes a performance lever

Discover how Terranae is transforming asset oversight with Formality’s AI.

Discover how Terranae is transforming asset oversight with Formality’s AI.

The challenge

At Terranae, Asset Managers oversee complex retail portfolios on behalf of institutional investors.
An environment defined by:

At Terranae, Asset Managers oversee complex retail portfolios on behalf of institutional investors.
An environment defined by:

Thousands of commercial leases and amendments

High-value property management mandates

Decisions under constant pressure for reliability & investor accountability

In this line of work, a contract isn’t just a document.
It’s a control tool.

The challenge

Terranae always knew where its documents were.

But as the portfolio grew, the problem fundamentally changed:

analyses became cross-contract
anticipation required a portfolio-level view
every decision meant locating the right contracts, rereading leases and appendices, and manually reconciling information: a model that no longer scaled

“Accessing and exploiting information quickly was becoming increasingly time-consuming.”

Profile Image - Anne-Sophie Maisonrouge

Anne-Sophie Maisonrouge

Présidente - Terranae

The risk wasn’t legal.
The real risk was reacting too late.

The solution: Formality

Terranae deployed Formality as an AI-powered contractual control layer.

The goal wasn’t “to use AI”.
It was to put Asset Managers in a position of continuous control.
In practice:

Terranae deployed Formality as an AI-powered contractual control layer.

The goal wasn’t “to use AI”.
It was to put Asset Managers in a position of continuous control.
In practice:

Key clauses are searchable and queryable

Key clauses are searchable and queryable

Contracts are automatically structured

Information is accessible in full autonomy

Analysis shifts from document level to portfolio level

“In three clicks, we can access the contract and the information we need to make a decision.”

Profile Image - Anne-Sophie Maisonrouge

Baptiste Mer

Asset Manager - Terranae

AI doesn’t make decisions.
It prepares the analysis.

The results

In under six months:

4000

Contracts structured and linked to assets

Critical deadlines

Critical deadlines

Fully monitored accross contractual repository

Fully monitored accross contractual repository

1-2 hours

Instead of several days for ontractual analysis

Instead of several days for ontractual analysis

For Asset Managers, this means:

fewer last-minute decisions
greater ability to anticipate, arbitrate, and explain
a role refocused on value creation

For Asset Managers, this means:

fewer last-minute decisions
greater ability to anticipate, arbitrate, and explain
a role refocused on value creation

For Asset Managers, this means:

fewer last-minute decisions
greater ability to anticipate, arbitrate, and explain
a role refocused on value creation

“What used to take a person two days now takes one to two hours on the platform.”

Profile Image - Anne-Sophie Maisonrouge

Chloé Trombettoni

Legal Expert - Terranae

Une nouvelle relation avec les investisseurs

For investors, this translates into:

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Earlier identification
of contractual risks

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Greater security
for cash flows

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Asset oversight
that is clearer, more reliable for teams

In summary

The role of the Asset Manager is evolving.

In a multi-asset, multi-team environment, value is created through the ability to share reliable contractual intelligence.

Formality enables Asset, Legal, Finance, and Operations teams
to work from a single contractual source of truth:
to anticipate risk, coordinate action, and manage long-term value with confidence.

Ready to unlock
Asset Intelligence?

Ready to unlock
Asset Intelligence?

Ready to unlock
Asset Intelligence?