Energy efficiency by subscription - Wealthcap relies on new service model from MeteoViva in energy crisis
The commercial property at Ganghoferstrasse 27-29 in Munich is the first building in Wealthcap's portfolio to use MeteoViva’s predictive building control system. The innovative smart data technology enables the German real asset and investment manager the reduction of energy use and CO2 emissions for the benefit of its investors and tenants.
Juelich/Munich, 7 September 2022 − Wealthcap tackles soaring energy prices and climate change with the MeteoViva Climate smart data building control system. The software solution ensures that energy consumption and the associated costs of operating office buildings are significantly reduced. To finance this, Wealthcap uses MeteoViva’s new Sustainable Buildings as a Service model: instead of purchasing software and systems to run MeteoViva Climate, Wealthcap receives the full functionality of the technology in exchange for paying a monthly operating fee. In addition, MeteoViva provides a fixed savings guarantee. As a result, the savings exceed the monthly fees.
Uwe Großmann, Managing Director of MeteoViva GmbH, explains: “With our new financial savings model, real estate funds and other large operators of commercial real estate can streamline their properties’ energy efficiency without high capital expenditure and save up to 40 percent on energy costs. There is great interest in our Sustainable Buildings as a Service financing model, and I am delighted to have won Wealthcap as our first customer after only a very short time, whose asset management team operates sustainably and prefers innovative solutions”, says Großmann.
“For us, operating our office properties in an energy-efficient and low-emission manner has been an important issue, and not only since the energy crisis. On the one hand, this is an integral part of our ESG strategy. On the other, within asset management we are always focused on implementing cost-optimising measures in the interests of our investors and tenants. MeteoViva’s smart Sustainable Building as a Service model convinced us because of its uncomplicated implementation and application, as well as its high energy-saving effect. We are now very excited about the practical application and the first results”, comments Julia Hauber, Head of ESG Real Estate at Wealthcap.
With a total area of 28,000 square meters, the office building in the center of Munich on Theresienhöhe at Ganghoferstrasse 27-29 is an architectural icon in the West End, which is also characterised by renowned works of art..
MeteoViva GmbH
MeteoViva Climate is a development of the Jülich-based technology company MeteoViva GmbH: the forward-looking solution enables smart building and energy management and already has more than 5 million operating hours of experience with its customers worldwide. The self-learning model-based method works predictively to significantly reduce operating and energy costs as well as CO2 emissions, which makes it the optimal partner for owners, facility managers and users of commercial building portfolios. MeteoViva GmbH is certified according to ISO 27001. It has its headquarters in Jülich (Germany) and companies in Switzerland, the Netherlands and the USA.
www.meteoviva.com
Wealthcap
Wealthcap is one of the leading real asset and investment managers in Germany. Our more than 35 years of expertise give us access to high-quality alternative assets. In addition to a broad portfolio of German real estate of various types, this includes institutional target funds from the private equity, international real estate and infrastructure segments. With our agile investment platform, we create individual and target group-oriented offers – from private clients to institutional investors. The result is a universe of real assets ranging from closed-end public AIFs, open- and closed-end special AIFs, to securities solutions or individual mandates and club deals.
www.wealthcap.com
For further information please contact:
MeteoViva GmbH
Katja Korehnke
Corporate Communications
Mobile: +49 173 5320 909
E-mail: katja.korehnke(at)meteoviva(dot)com
Wealthcap Kapitalverwaltungsgesellschaft mbH
Christian Thomas
Munich Branch Office
Am Tucherpark 16
80538 München
Phone: +49 89 678205 360
E-mail: presse(at)wealthcap(dot)com
