The Point case study
Industry estimates suggest that commercial buildings typically waste around 30 percent of the energy they consume. Planned maintenance schedules send engineers to service equipment that is running perfectly while genuinely failing assets go undetected. Landlords pay for layers of outsourced management and receive periodic reports that may or may not reflect what is actually happening inside their buildings. For most of the industry, this is still normal. At The Point in Paddington, Tishman Speyer decided it did not have to be.