Specialist UK real estate asset manager, Catella APAM (APAM), has extended its partnership with Demand Logic at the Arlington Business Park in Reading for a further three years to help the business achieve its sustainability goals.
Software tool Demand Logic is providing innovative building performance analytics at the site, which enables real-time analysis to deliver actionable intelligence to improve wellbeing, prioritise maintenance and save energy/carbon, which are key elements of APAM’s sustainability goals across ABP.
Delivering services to ABP since 2018, Demand Logic has worked with APAM to identify almost 200 actions to optimise the performance of the properties which equates to almost £60,000 of annual energy savings. Demand Logic will deliver data analytics services across seven properties with a vision of continuous optimisation. There is also a combined vision of introducing Demand Logic into other properties across the estate throughout the agreement.
The partnership aims to provide direct insight to the property performance across the park, supporting a reduction in energy usage, maintenance effectiveness and comfort for the tenants and occupants. The ability to see the performance of a portfolio of properties in one individual view is invaluable in terms of resource management and prioritisation.
Speaking about the extended collaboration with APAM, Mike Darby, CEO and Co-founder of Demand Logic said: “The built environment is one of the biggest contributors to carbon emissions in the UK. Using the power of data, we can understand what’s working and where inefficiencies occur, advising on improvements that need to be applied across various unit points, like heaters, coolers and boilers to name just a few. Through our building analytics technology, Demand Logic will continue providing actionable insight to help Catella APAM lower their carbon and save money as part of their sustainability goals.”
Ben Dickins, Senior Asset Manager from APAM said: “At every level, this is a partnership approach aligned with APAM’s ESG and Responsible Investing strategy. The use of technology combined with property expertise is a powerful combination to drive change and make significant positive impacts at building level. We are delivering employee wellbeing and productivity improvements today whilst working with tenants to help society’s push for a sustainable future.
“Working with Demand Logic is an exciting partnership we are rolling out to other buildings in the APAM portfolio.”
The Arlington Business Park encompasses 550,000 sq ft of office campus space, offering a modern working environment alongside landscaped gardens and scenic lakes. The portion managed by APAM totals 365,000 sq ft and has been subject to an extensive repositioning since 2015 and a £40 million capital expenditure programme.