Goal: To improve energy efficiency and reduce costs by implementing a smart data program. By providing a stream of real-time information about building management and operations, ‘virtual engineering’ allows buildings to be run more efficiently.
Delivery: The program was rolled out across 44 properties in Dexus’s portfolio over three stages, starting in 2015.
- Reduced energy use resulting in cost savings
- Increased National Australian Built Environment Rating System (NABERS) energy ratings
- Improved tenant amenity and comfort
- Reduced time and cost of maintenance
- Performance optimisation of heating, ventilation and air conditioning (HVAC) equipment and systems
- Improved equipment life cycle reports and capital expenditure (CAPEX) planning
Dexus has implemented a smart data program across its portfolio of commercial property assets. This kind of program, known as a ’virtual engineering’, provides continuous, around the clock monitoring of each building’s performance, improving energy efficiency and providing cost savings. Broad adoption is expected amongst buildings owners with similar programs in future.
Virtual engineering, the latest innovation in building operations, is an analytics system that collates data about how aspects of a building, such as air quality and temperature, are performing. It allows owners to make targeted changes in order to operate the building more efficiently.
In Australia, the take-up of these virtual engineers has so far been limited, but it’s expected to increase as building owners become more aware of the existence of analytics packages and the benefits of smart data.
The major advantages of implementing a virtual engineering program include an improvement in energy efficiency and, consequently, a reduction in energy costs, greater tenant comfort, and reduced time and cost for equipment maintenance and upgrades.