This article is from the Australian Property Journal archive
CIM, a provider of building analytics software that enables real estate owners to track their assets’ operational performance, has expanded its partnership with The GPT Group, and will deploy its AI technology across an additional 13 of GPT’s office buildings, covering close to 570,000 sqm of real estate.
CIM’s partnership with GPT now spans 23 assets and more than 1.3 million sqm of GPT’s commercial real estate portfolio across Victoria, Queensland, NSW and Western Australia. Major office buildings among the 13 new sites are 111 Eagle Street in Brisbane, Melbourne Central Tower and 530 Collins Street in Melbourne, and Sydney’s 580 George Street.
The partnership had previously focused primarily on GPT’s retail portfolio. CIM’s PEAK Platform is operational across 9 of GPT’s shopping centres, totalling more than 760,000 sqm.
The PEAK Platform “harnesses artificial intelligence to continuously monitor and provide immediate insights into a commercial building’s operational performance”, according to CIM.
“It detects and facilitates the prompt resolution of faults and inefficiencies in large plant and equipment significantly improving financial performance, reducing climate impact and enabling a superior customer experience.”
Scott Crellin, national director of group property operations at GPT, said, “GPT is committed to climate action and biodiversity protection through the delivery of carbon neutral outcomes, including the reduction in energy consumption and greenhouse gas emissions from our buildings”.
David Walsh, CEO and founder of CIM, added, “GPT is a globally recognised leader in sustainability, managing a vast portfolio of premium highly-rated assets.”
“We look forward to continuing our partnership to further empower GPT to improve environmental outcomes, optimise operations, and supercharge a collaborative workflow.”
