ASSET ANALYTICS
AN OPPORTUNITY THROUGH BIG DATA
CBRE ASSET ANALYTICS
AN OPPORTUNITY THROUGH “BIG DATA”
• Provides a sustainable advantage to Asset
Services
• Low cost approach through active service charge
management
• Deliver solutions rather than creating issues
• Target revenue growth at building, portfolio and
occupier level
2
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
CBRE ASSET ANALYTICS
MAKING BETTER USE OF BUILDING DATA
• Managed Improvement - Reduce Energy Spend / Improve Maintenance Performance.
• Transition Management – Fault Finding / Benchmarking / Prioritising.
• Innovative Engagement – Feedback / Reporting / Wellbeing.
3
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
HOW IT WORKS
3
2
Engage
Capture
ADAPTER
1
4
Connect
4
Enhance
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
SOLUTION
1
2
Connect
Capture
Information recorded every 15 minutes to Cloud
servers
Low cost installation, plug-and-play ADAPTER
5
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
OUTCOME
3
4
Engage
Graphical visualisation via dashboard
Enhance
Optimise asset performance / occupiers
wellbeing
6
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET
ANALYTICS
ST BOTOLPH BUILDING, LONDON
ASSET ANALYTICS St Botolph Building, London
50,500Sqm
MAKING IT REAL
Multi-let BREEAM Excellent
2014 Energy Spend €2.3million (€45/sqm)
€ 5.00
€ 4.50
€ 4.00
€ 3.50
€ 3.00
€ 2.50
BC&P involvement began in Q3 2014 to address S/C overspend
€300,000 rebate secured from electricity supplier in Q4 2014
8
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS St Botolph Building, London
50,500Sqm
MAKING IT REAL
Multi-let BREEAM Excellent
2015 Energy Spend €1.8million (€35/sqm)
€ 5.00
€ 4.50
€ 4.00
€ 3.50
€ 3.00
€ 2.50
Management strategy implemented in 2015 to establish baseline
Performance Stabilised
9
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS St Botolph Building, London
MAKING IT REAL 50,500Sqm
Multi-let BREEAM Excellent
2016 Est Energy Spend €1.6million (€31.5/sqm)
€ 5.00
€ 4.50
€ 4.00
€ 3.50
€ 3.00
€ 2.50
Asset Analytics rolled out in 2016
ROI achieved within 3 months.
10
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
St Botolph Building - Savings Achieved
ASSET ANALYTICS
MAKING IT REAL
£140,000
St Botolph Building, London
£100,000
Total Fees year one - € 1,16 per sqm
Targeted 8% Saving €2,45 per sqm
Cumulate Not Adusted…
Cumulate Adjusted Savings
£120,000
£80,000
£60,000
£40,000
£20,000
Issues resolved to date = 22
£0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
400
Savings to date 2016
€102.000 (€1,98 per sqm)
300
200
Adjusted for climate the positive impact of
Asset Analytics is €158.000 (€3 per sqm)
100
-
11
Typical
2014
2015
current
Gas
118
21
27
21
Target
65
Elec
234
297
239
226
179
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ACTIONABLE ADVICE –
FIXING NEEDLES IN HAYSTACKS
Key Actions – July 2016 - ESTIMATED SAVING €45,000 per annum
12
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
ENSURING “STICKINESS”
Typical Building Scenario
• Immediate return on investment.
• Ongoing management enables continual
improvement.
• Partnering with Asset Services to introduce
additional CBRE service lines.
“
The opportunity to gain competitive advantage by
introducing our clients, as well as our occupier
audience to the system is significant; I really do
believe that the system will demonstrate our
innovative approach to buildings and occupiers.
”
Energy Spend
typical practice
Good
cummulative revenue
€ 500,000
€ 200,000
€ 450,000
€ 180,000
€ 400,000
€ 160,000
€ 350,000
€ 140,000
€ 300,000
€ 120,000
€ 250,000
€ 100,000
€ 200,000
€ 80,000
€ 150,000
€ 60,000
€ 100,000
€ 40,000
€ 50,000
€ 20,000
€-
€-
year zero year 1
Nick Bark | Executive Director
Asset Services UK - Central London
13
year 2
year 3
year 4
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
Energy Spend per annum (€/sqm)
ASSET ANALYTICS
SCALABLE SOLUTION
100 €
Energy Cost/sqm
90 €
80 €
70 €
60 €
50 €
40 €
30 €
20 €
10 €
-€
21,159 23,150 24,154 29,914 61,779 16,722 9,023 17,621 32,980 8,361 16,353 32,515 5,600
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
sqm
•
•
•
•
Average Energy Spend € 56 /sqm
•
Estimated Base Fee for service €400,000 in year 1 •
Sample of 15 UK properties (300,000 sqm)
14
3,051 Pilot B BBP Pilot A 9,290
sqm
Typical
sqm
BBP
Good
10% targeted saving in year ONE
Equivalent to €1.9million reduction in energy spend
Reaching typical benchmark would save €4.6million
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
SO WHAT'S THE OPPORTUNITY?
Value Proposition
(typical building – year 1)
Creating Sustainable Value
Proactively reduce operational
operational costs
Understand and mitigate risk
• Reduce Energy Spend by €5/sqm
Engage your stakeholders
• Cost to implement €1.20/sqm
Target Buildings…..
• Large Complex Multi-let Assets (10,000sqm+)
• High energy spend (€40/sqm +)
Attract and retain occupiers
Increase the value of your
asset
Demonstrate an innovate
approach
• Excessive Service Charge (€85/sqm +)
Assist supply chain contracts
contracts and risk
• High Energy % in service charge (20%+)
Reinforce existing
accreditation/certification
• Premier Properties
15
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016
ASSET ANALYTICS
SO WHAT'S THE OPPORTUNITY?
Value Proposition
(typical building – year 1)
Creating Sustainable Value
Proactively reduce operational
operational costs
Understand and mitigate risk
• Reduce Energy Spend by €5/sqm
Engage your stakeholders
• Cost to implement €1.20/sqm
Target Buildings…..
• Large Complex Multi-let Assets (10,000sqm+)
• High energy spend (€40/sqm +)
Attract and retain occupiers
Increase the value of your
asset
Demonstrate an innovate
approach
• Excessive Service Charge (€85/sqm +)
Assist supply chain contracts
contracts and risk
• High Energy % in service charge (20%+)
Reinforce existing
accreditation/certification
• Premier Properties
16
CBRE ASSET ANALYTICS | BC&P CONFERENCE
SEPTEMBER 2016