User Manual

PROPERTY FUNDS WORLD Special Report Nov 2016 www.propertyfundsworld.com | 7
SIEMENS MARKET INSIGHT
sustainable real estate comes from the
tenants, who also have to support their
corporate sustainability strategy.
The enhanced level of transparency
that Siemens’ data-driven services provide,
enabled by the Navigator platform, allows
Siemens’ customers to constantly monitor
and benchmark the performance of real
estate assets. Siemens service experts
use this data to ascertain where and when
improvements need to be made within the
infrastructure.
“Together with our clients we develop a
set of Key Performance Indicators (KPIs) to
track the performance of their real estate
assets,” explains Tobias Huber, Head Energy
Services & Performance Contracting.
“The Navigator platform provides a highly
customisable management dashboard
to monitor large real estate portfolios,
supported by geographical maps and a
traffic light system. But Navigator is not
just a management tool for C-level and
portfolio managers – asset managers, facility
managers and technical operators can drill
down to view the performance of specific
sites, buildings and meters for detailed
analysis,” says Huber.
“The overall idea – and why Navigator
conforms with ISO 50001 frameworks – is
that Navigator supports a systematic plan
to optimise building facilities by reducing
energy consumption and procurement costs.
It’s a lifecycle approach. You have a KPI, you
implement some measures, and you see
how those measures perform relative to the
KPI,” says Huber.
He summarises, that Navigator supports
real estate investment decisions, improves
CAPEX efficiency and reduces OPEX. And
productivity gains in service can be realised
focusing on the development of the value
of real estate by making it more attractive
to tenants.”
The Siemens service capabilities
encompass:
• Strategy & planning
• Evaluation & assessment
• Programme implementation
• Ongoing services & optimisation
• Continuous measurement & reporting.
Energy Performance Contracting
Siemens has created a global group of
experts with the skills and experience
to make recommendations to clients on
improvement measures, building system
investment opportunities, etc, for which
Siemens technology can also be used.
Increasingly, these efficiency improvement
programmes are financed through Energy
Performance Contracts as a way to reduce
or eliminate initial capital outlay.
Energy Performance Contracting (EPC)
is a form of ‘creative financing’ for capital
improvement which allows funding energy
upgrades from cost reductions.
Under an EPC arrangement, an external
organisation (ESCO) implements a project
to deliver energy efficiency, or a renewable
energy project, and uses the income stream
from cost savings, or the renewable energy
produced, to repay the costs of the project,
including the costs of the investment. The
ESCO will not receive payment unless the
project delivers energy savings as expected.
“We continue to increase the number of
energy optimisation project relationships
with private clients and implement energy
projects that are tailored to each client with
the goal of alleviating energy costs and CO
2
emissions.
“Initially, we focused on the tactical side
of things. Then, six or seven years ago,
the topics of CO
2, sustainability and energy
efficiency gathered force and we started
engaging with institutional clients on a more
strategic level,” remarks Fluri.
In corporate real estate, many firms
started to put building sustainability
strategies in place ever since sustainability
became a focus at corporate level,
driven by the clear expectations from
their stakeholders and shareholders. In
institutional real estate, the demand for
“For institutional real estate
investors, our advisory and
performance services help
to increase the value of their
RE portfolio and maximise
returns for their end
investors.”
Jonas Fluri, Siemens