Stockland Adopts Technology to Benefit from Big Data and Data Analytics to Drive Energy Efficiency Across its Retail Portfolio
Stockland Adopts Technology to Benefit from Big Data and Data Analytics to Drive Energy Efficiency Across its Retail Portfolio.
Australia's largest diversified property group, Stockland Property Group, the current global real estate sector leader in the Dow Jones Sustainability Index (DJSI) has deployed EP&T's EDGE Horizon technology across its major retail assets across Australia.
Stockland made this decision after conducting a 12 month trial of EP&T's innovative EDGE Horizon technology at 3 of its key shopping centres that delivered significant savings in addition to the savings it has already achieved, thus ensuring solid returns on its investment for its occupiers and shareholders.
The Australian innovated EDGE Horizon technology has unlocked the DNA of the buildings and it uses billions of sets of data to optimise buildings across the world. This technology enables asset owners to achieve improved outcomes in terms of the energy used by them, or on their behalf, in running the assets for their occupiers. This area is becoming more material across the world for owners and occupiers. Over the last 5 years EP&T has partnered with its clients to reduce their energy use by over $100 million on a collective diverse portfolio of assets. On a global level, our clients have led the Dow Jones Sustainability Index six years out of the last seven and the Global Real Estate Sustainability Index for a similarly long consistent period.
EP&T's founder Keith Gunaratne and its Australian COO Kevin Dickinson and the team are delighted to see the leaders in the REIT sector adopting innovative technologies to add value to their occupiers and shareholders.