The commercial real estate (CRE) market has undergone significant changes in recent years due to evolving post-COVID work patterns. The increasing demand for flexible occupancy opportunities, alongside expectations for improved environmental performance, has urged the industry to rethink building adaptability – from design and build, to operation and maintenance.
Schneider Electric views these challenges as an opportunity to leverage technological advancements for transforming building services, with the potential to generate significant carbon and cost reductions, additional revenues, improved space utilization and increased tenant comfort.
According to a study conducted by Schneider Electric, Lendlease, and Arup on a major commercial building in Australia, the implementation of adaptable building services led to significant outcomes, with minimal impact on the internal rate of return (IRR) and ROI. In some modeled scenarios, this approach shows potential to generate up to AU$1.08 billion (approximately HK$ 5.62 billion) in additional rent revenue, as well as save 1,500+ tons of carbon dioxide over 30 years, improving tenant satisfaction and increasing asset value. This success story shows how adaptable building services can boost CRE returns while reducing environmental impact and costs for landlords and tenants.
Take the next step in enhancing your property’s returns with sustainable and faster fit-outs. Download the study here.
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