Internet Explorer, Chrome Browser, Firefox Browser, Safari Browser
Siemens partners with PRODEA Investments to create smart, sustainable buildings in Greece



The two companies signed a Strategic Cooperation Agreement, which starts with a pilot implementation of Building X that includes the connection of two PRODEA Investments’ properties in Athens; their headquarters and Ilida Building, where Siemens Greece headquarters are located. PRODEA Investments’ goal is to proceed to the gradual connection of the big office buildings of its portfolio, as well as buildings for different use, such as logistics centers and hotels. Building X can be implemented in buildings of various sizes and connectivity requirements.
Dr. Aris Karytinos, CEO of PRODEA Investments, stated: “PRODEA Investments is dynamically entering the era of the 4th Industrial Revolution by leveraging the high expertise of Siemens. It incorporates innovation while serving its strategy for more sustainable and user-centered buildings. This collaboration leverages technology as an accelerator of sustainability. It is a step that will contribute overall to the development of high -tech investments in the field of real estate.”
Dr. Vasileios Chatzikos, CEO of Siemens Greece, commented on the Strategic Agreement: "PRODEA Investments trusted Siemens as a valuable partner to accelerate its digital transformation. PRODEA Investments’ decision fills us all in Siemens Greece with pride, optimism and great responsibility. Siemens has proven its expertise in cutting-edge technologies, with innovative and state-of-the-art solutions that combine the real and the digital worlds. The digital transformation and reduction of the energy footprint of PRODEA Investments’ buildings is an important step towards an even more sustainable future for our local society and economy.”
“We are delighted to embark on this partnership and co-creation with PRODEA Investments to accelerate their digital transformation with Building X. Siemens’ capabilities of connecting the real and digital worlds makes it a strong partner for companies looking to get the most out of their physical assets while addressing their decarbonization goals. We’re looking forward to close collaboration at the facility and engineering levels between PRODEA Investments and Siemens, with the goal to ensure reduced energy consumption, sustainability and lower total cost of ownership for buildings, while improving portfolio valuation for PRODEA Investments,” said Rahul Chillar, Head of Building X at Siemens Smart Infrastructure.
Building X is a modular, fully cloud-based open platform, with AI-enabled applications, strong connectivity, and built-in cybersecurity, offers a seamless experience across all applications such as energy management, security and building operations. Through Building X, PRODEA Investments will be able to make decisions about the energy management of its building portfolio based on real data analytics. Building X will help the company achieve its sustainability goals for its buildings as well as providing additional innovative services to its tenants, while maintaining high safety standards. The use of Artificial Intelligence as part of the Building X platform will enable PRODEA Investments to identify areas of energy overconsumption and accurately predict the energy performance of its buildings based on live usage data.
PRODEA Investments is the leading real estate investment company in Greece, listed on the Athens Stock Exchange (ATHEX). With total assets exceeding €3.0 bn, Prodea Investments Group engages in real estate investments and is internally managed by experienced professionals with proven sourcing, execution and value creation track record. PRODEA Investment’s real estate portfolio consists of more than 380 commercial properties, primarily office, hospitality and retail, but also rapidly expanding in the logistics and residential sectors. With more than 80% of its portfolio located in prime urban areas throughout Greece and Cyprus and selectively positioned in other key markets in South East Europe, such as Italy, PRODEA Investment’s boasts a high- quality, high-yielding, diversified portfolio with predictable cash flows driven by high occupancy levels, long-term lease tenures and strong tenant base.
Contact
Eirini Koufaki
Siemens S.A.
151 23, Amarousio
Greece
+210 68.64.267
Geortini Serpieri, Head of Sustainability, Strategy & CSR Activations, @SOCIALDOO,
105 60, Athens
Greece
210 7750 750