CHARTER HALL
building . The standard approach for temperature control in buildings has been ‘ one temperature fits all ’, and the feedback loop is manual and usually complaint-driven .” This is about more than end user satisfaction . It is expected to deliver between 15-25 % energy savings across properties as it ’ s rolled out in more offices . For example , Comfy will use machine learning to track and learn how meeting rooms and shared spaces are used , heat or cool the room for the meetings and not waste energy conditioning an empty room .
There are significant benefits from collaborating with these startups , Coleman believes . “ Engaging with them is creating a palpable dynamism within the business that we have never seen before , and from a brand positioning perspective it
has been fantastic . We have been getting a huge amount of feedback from our peers and lots of coverage from major news organisations in Australia , and among whom proptech is becoming a new hot topic .”
So , ahead of most of the competition , Charter Hall has really thrown its weight behind proptech , partnering with the Australian incubator and accelerator Collective Campus in an initiative to find and encourage some of the most promising startups . After some discussion it lit upon three relevant segments – smart buildings , shared space ( think of it as Airbnb for offices ) and finally fintech . There has been a lot of disruption by financial technology of Australia ’ s financial institutions and this is starting to spill over into real estate fintech .
130 June 2018