London, 8th November 2022 – Market-leading PropTech start-up, Spinview, today announced a new partnership with Kvalitena AB (publ), a privately owned Swedish property company, to digitise its property portfolio and meet ESG reporting requirements to attain sustainability goals.
As the leader in providing Visually Intelligent digital twins (VQ) to the built environment, Spinview will help Kvalitena navigate the route to carbon-zero by providing meaningful sustainability targets using the data from its properties, and finding solutions to achieve sustainability goals within its property portfolio.
Understanding the corporate carbon footprint, and the different types of emissions, can be a challenging process. However, Kvalitena sees it as a crucial step in reducing its climate impact and achieving climate action goals, which is why it looked to Spinview.
Kvalitena’s Stockholm inner city portfolio contains properties built from circa 1901, many of which have no updated floor plans or models to generate relevant data. To rectify this, Spinview fuses unseen data captured by drones and scanners, as well as physical inspections, energy bills and spreadsheets, to deliver a comprehensive report containing an accurate floor plan, 3D model, and retrospective architectural Building Information Model (BIM). This information is then used to generate an embodied carbon number (the total Greenhouse Gas emissions generated to produce a built asset) as well as the operational carbon footprint, through the addition of Kvalitena’s water and energy consumption readings.
Empowered by insights from these baseline readings, Kvalitena will be able to set its net zero strategy and define measures to track progress, while also being able to build an ambitious, yet realistic, sustainability strategy for both its retrofits and property management.
With the ability to accurately report on current emissions and track progress against Net Zero goals, Kvalitena will also benefit from improved valuation, increased probability of better loans from banks and investors who focus on ESG, and enriched employment propositions for job seekers in this competitive market.
The partnership will see Spinview leverage the digital twins of Kvalitena’s properties to simultaneously support other departments including the facilities management, maintenance, design & planning, and refit teams. In turn this will digitise Kvalitena’s portfolio, to improve planning, boost efficiency, allow for live monitoring, and ultimately reduce operational expenses by transforming data into actionable intelligence for all parts of the business.
Kvalitena joins a growing list of companies across the globe in the property, road and rail space who are looking to Spinview to transform its data into high-value, actionable insights that answer business-critical questions.
Linda Wade, Co-founder and CEO of Spinview, says: “Spinview prides itself as a leader in delivering Visual Intelligence from digital twins, working with clients across the globe to advance and improve the understanding, communication and collaboration of data in the built environment. The building sector releases 39% of global CO2 emissions. While current research focuses on using BIM for energy management of a building, there is little research on the visualising of building carbon emission data in BIM to support decision making during the operation phase, where 66% of emissions occur – until now. We are delighted to be working with Kvalitena to help them reach its sustainability targets and reduce costs. By ensuring Kvalitena’s property data is properly captured, processed, visualised and translated into actionable insights, it will be more accessible, meaningful, and actionable to all stakeholders.”
Commenting on this partnership, Harald Pousette, CEO of Kvalitena, stated: “Using Spinview’s digital twin technology, and approach to visual intelligence, we will ensure we deliver on our sustainability goals. We look forward to reducing energy consumption and operational costs by digitalising our properties and properly tracking our emissions.”
Spinview creates measurement accurate volumetric digital twins of buildings and infrastructure to deliver insights on both the health and structure of any building or space. Combining IoT, BIM, Scanning and advanced visualisation, data is processed into one simple to use visual model of the asset, and our AI translates and automates this data into usable information for all the employees in a business.
Kvalitena is a privately owned property company with directly and jointly owned holdings. Their investments are carried out with a long term strategy to start, acquire and develop properties and companies with the aim of achieving long term risk adjusted return. Geographically diverse, their portfolio spans across Sweden (comprising 38,000sqm) and into the US with holdings in Texas and New Mexico (116,000sqm).