26 november, 2024

Redefining Energy Efficiency: Revelop and Myrspoven’s AI-Driven Transformation in Real Estate

Stockholm, 26 November: In a progressive move toward sustainable real estate, Revelop has partnered with Myrspoven to significantly improve the energy efficiency of its properties. By implementing AI-powered optimization at the Nattvakterna office buildings in Stockholm, the collaboration led to a 40 percent reduction in energy consumption and a performance upgrade from an EPC rating of D to B. The project highlights the potential of AI technology in reshaping energy management across the real estate sector.

“We see the collaboration with Revelop as key in achieving the environmental impact we strive for at Myrsopoven, and Revelop’s goals align very well with ours,” says Anders Kallebo, CEO at Myrspoven.

Revelop, a Swedish real estate company with the business model of transforming undermanaged “brown” assets into attractive “green” locations, by re-use and redefine existing buildings rather than rebuilding. This to extends the life of the buildings while reducing the environmental footprint.

Revelop’s portfolios include strategic acquisitions across major regions in Sweden, such as Stockholm and Gothenburg, all aligned with their long-term vision of revitalizing real estate for a sustainable future.

The Revelop-Myrspoven Collaboration

As part of its transformation strategy, Revelop collaborates with technology providers like Myrspoven to optimize energy efficiency in their properties. One standout example is the Nattvakterna office buildings in Stockholm, where Myrspoven’s AI-powered energy optimization system played a key role in elevating the properties’ EPC (Energy Performance Certificate) rating from D to B.

Like many older office buildings, Nattvakterna had struggled with high energy consumption and inefficiency, a challenge Revelop systematically addresses through a comprehensive business plan focused on energy-saving measures. Anna Brännström, Head of Sustainable Transformation at Revelop, explains: “When we acquire a property, we conduct a full technical due diligence with our internal team. From there, we set up a business plan that includes all potential energy-saving measures – whether it’s new insulation, modernized HVAC systems, or AI-driven energy management.”

Implementing AI to Improve EPC Ratings

This business plan came to life with the refurbishment of the Nattvakterna office buildings, totalling over 16,000 sqm. After making the necessary infrastructure updates, such as a new plant room and ventilation with integrated cooling, Myrspoven’s AI platform, myCoreAI, was integrated to optimize energy use. The results were remarkable: up to 40 percent reduction in energy consumption.

“We’re very pleased with the results,” adds Anna. “Myrspoven’s myCoreAI helped us reduce energy consumption by 40 percent across Nattvakten 6, 7, and 10. Improving the EPC rating from D to B is a major step forward in our sustainability efforts.”

Leading the Future of Sustainable Real Estate

The successful transformation of the Nattvakterna office buildings demonstrates Revelop’s commitment to sustainable real estate management, showing that older properties can be modernized to meet today’s energy standards. By combining Myrspoven’s AI technology with its sustainable redevelopment strategies, Revelop is not only improving building performance but also reducing emissions and improving indoor quality.

Thomas Sipos, CEO of Revelop concludes, “We see AI as an important tool in the sustainable transformation of real estate and to achieve our Net-Zero targets. As we continue to grow our portfolio, we will continue to work with Myrspoven as one of the solutions needed to help us meet our ambitious energy targets ahead.”

For more information, please contact:
Thomas Sipos, Group CEO & Executive Partner at Revelop
tel: +46 70-980 66 06
email: thomas.sipos@revelop.se

About Revelop:
Revelop revitalises real estate for a sustainable future. Investing where it matters. Catalyzing the sustainable transformation of the built environment. Revelop has an AUM of c. SEK 12 billion and is ranked by the data and analytics company Burgiss as one of the world’s best performing real estate investment managers over time in terms of consistent returns.

Our purpose – We manage and develop sustainable environments – We unlock exceptional opportunities for communities and investors – We reform real estate, one building at a time.