Proptech firm Demand Logic has been appointed to improve the performance of buildings across LGIM Real Assets’ property portfolio.
The portfolio is part of Legal & General Investment Management (LGIM).
Demand Logic’s cloud-based software promises to cut energy costs and carbon emissions by 10% to 30%, slash maintenance time by as much as 30%, and improve staff productivity and reduce comfort complaints.
The technology is already deployed in seven of LGIM’s commercial buildings and since June 2019 has helped save £180,000 in energy costs and 400-tonnes in carbon emissions.
“Demand Logic is a key part of our wider strategy to be the owner of choice for occupiers,” said Mark Tyson, head of property operations at LGIM RA.
“Initially across our office portfolio the Demand Logic tools have built a unifying platform for our property and facilities managers, technical consultants and mechanical and engineering service providers,” he added. “This enables them to collaborate and ensure the best outcome for our occupiers with a mixture of day-to-day actions on comfort, energy reduction measures and longer-term HVAC (heating, ventilation and air conditioning) plant & equipment replacement decisions.”
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