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The world of science usually frowns on doctors experimenting on themselves. But when it comes to real estate’s battle to cut its carbon emissions, one big REIT is using itself as a test bed to see what artificial intelligence can do to beat the climate crisis.
Landsec, London’s biggest office owner and the UK’s second-largest REIT, is putting the use of AI under the microscope to see if it can be used to help the building use less energy while saving carbon and money.
If the experiment at its 50K SF headquarters in Victoria Street, London, proves a success, Landsec is considering rolling it out across its portfolio, which totals £10.2B, just over £6B of which is in central London.
“The beauty of AI is that everything is automated [and] based on internal and external factors, and that means we can take decisions and undertake actions far more efficiently,” Landsec Senior Energy Manager Andy Mazzucchelli told Bisnow. “A person would have to analyse the data, spot an opportunity, discuss that internally,…
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