User Manual

PROPERTY FUNDS WORLD Special Report Nov 2016 www.propertyfundsworld.com | 3
SIEMENS MARKET INSIGHT
Siemens’ Navigator platform
in action
Selecting the right partner
Siemens’ Building Technologies Division is
at the vanguard for creating energy efficient
green buildings and infrastructure spanning
the commercial, industrial and public
building space.
Hansjörg Sidler is the Sales Director for
energy efficiency and leads the building
performance and sustainability (BPS) sales
team in Switzerland. He explains that
the first step in engaging with portfolio
decarbonisation is to speak with an expert
partner, such as Siemens consultants
who specialise in green buildings and
optimisation programmes.
“They help to design a programme
applicable to the client’s needs. In the end,
any large company has to go through a
tendering process so you have to invite the
right companies to engage in the process.
“It’s only after we win a tender process
that we share more fully our ideas. It’s
important as a supplier to bring in new
ideas or different ways to do things, as each
building is different,” says Sidler.
Currently, Siemens has over 5,000
customers and 55,000 buildings connected to
Navigator. It has garnered deep experience
from over 7,500 energy efficiency projects
worldwide.
In 2012, it entered into partnership with
Credit Suisse Real Estate Investment
Management and as Sidler comments: “We
see other real estate companies thinking
about building decarbonisation and are
starting to engage in discussions with us.
dataset consisting of 56,000 buildings worth
USD2.1 trillion. The study found that REITs
with a higher sustainability ranking not only
performed better in terms of the return on
assets but also the return on equity.
To further illustrate the point, on 10th
September 2016, The Economist
2
featured
an article on green investing and referenced
BlackRock, one of the world’s biggest fund
management groups. BlackRock believes it
is possible “to create a portfolio which tracks
the MSCI World Index with an annual error
of just 0.3% a year, yet comprises companies
with carbon emissions 70% lower than the
index as a whole”, wrote The Economist.
Increasingly, investment funds are
expected to be more transparent (particularly
with investors) on their CO
2 footprint and,
in addition, to take action to mitigate their
footprint. The Portfolio Decarbonisation
Coalition – an action-oriented coalition
committed to quantifiable carbon footprinting
– now convenes 25 investors overseeing
the decarbonisation of USD600 billion in
commitments out of USD3.2 trillion in assets
under management.
Earlier this year, Credit Suisse Real
Estate Investment Management launched
a real estate fund that aims to achieve a
top quartile ENERGY STAR score within
three years, which Credit Suisse Real Estate
Investment Management hopes to achieve
by actively reducing energy consumption
and CO
2 emissions and purchasing carbon
reduction certificates to create a carbon
neutral portfolio.
However, in order to initiate a green
strategy, one needs the right ingredients:
namely data, and people with the right
skills to analyse that data to derive the
right outcomes. This is where data-driven
services such as those offered by Siemens,
underpinned by the Navigator platform, come
into play. Navigator provides the necessary
data from buildings and systems, from which
suitable efficiency measures – at the building
or system level – can be derived by Siemens
Service experts.
Moreover, Navigator provides real estate
investment managers self-service insights
and reports into their energy consumption,
supply costs, compliance, and sustainability
results – and the impact the services
contracted from Siemens are having.