Wednesday 20 March 2019

ENBD REIT launches energy-saving programme

DUBAI, April 19, 2018

ENBD REIT, a UAE-based shari’a-compliant real estate investment trust, said it has applied the Internet-of-Things (IoT), machine learning and artificial intelligence, in partnership with EP&T Global, to deliver energy savings at Al Thuraya Tower 1, its office building in Dubai Media City, as part of its overall strategy to adopt green initiatives.

Al Thuraya Tower 1, which has 28 floors covering 18,000 sqm of commercial office space, has deployed EP&T Global’s innovative Edge Zeus technology to deliver operational energy efficiency throughout the building.

The cutting-edge system combines big data analytics, machine learning and Artificial Intelligence to achieve cost reductions and improved comfort conditions.

Having established Edge Zeus technology in Al Thuraya Tower 1, ENBD Reit will now look to apply similar initiatives across its property portfolio over time.

Anthony Taylor, the head of real estate at Emirates NBD Asset Management, said: "We are pleased to announce the launch of Edge Zeus technology at Al Thuraya Tower 1, in partnership with EP&T Global – the systems provider – and with the support of Operon Middle East Facilities Management, who run the building."

"From an asset management perspective, we have always been committed to delivering ENBD REIT’s green initiatives, without compromising on comfort or building quality. This innovative and industry-leading energy saving technology will enable us to do exactly that, and we look forward to further green drives in other parts of our portfolio," he added.-TradeArabia News Service


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