Provis Estate Management, a leading real estate and property management company in the UAE, said that it has successfully implemented a series of sustainability and energy savings initiatives that resulted in the reduction of 6,692 tonnes of CO2 emissions across 10 communities under its portfolio.

Initiatives include the implementation of water conservation techniques, installation of energy efficient LED lights and weather-based irrigation systems, implementation of real time building management system (BMS) data analytics of assets, cooling optimisation, in addition to the rollout of other energy saving measures identified in an energy audit, said a statement from Provis.

These initiatives were implemented in line with the UAE Vision 2021, with the aim to achieve a sustainable environment, it stated.

Water, chilled water and electricity consumption were reduced by 5 per cent over the past 12 months and as a result the company saved approximately 15 million KWH of energy, it added.

HP Aengaar, CEO, Provis, said: “We are committed to providing best in class property management solutions that are sustainable, efficient, good for the environment and add value to our clients, in line with the UAE Vision 2021 which aims to achieve a sustainable environment in terms of air quality, conservation of water resources, increased reliance on clean energy and green development.”

“By integrating a series of initiatives across the communities we manage, we were able to reduce energy cost by Dh4 million ($1.08 million) in less than 12 months without compromising on quality and customer experience,” he said.

Aengaar continued: “We are proud of this achievement and are aiming to reduce the energy consumed in our communities by 15 per cent during the two coming years, which equals to approximately 30 million KHW of energy saved.”

“Over 2,000 rural homes can be provided electricity for a whole year with the total savings achieved by our company in electricity and chilled water alone,” he added.

The sustainable measures were rolled out in Gate & Arc Towers, Sun & Sky Towers, Al Muneera, Al Zeina, Al Bandar, Al Raha Gardens, Golf Gardens, Alghadeer, Al Bateen Park and Al Gurm, said the statement.

“Utilities and energy usage significantly impact service charges paid by property owners. Hence, reducing energy cost brings yearly overheads down and directly impacts long-term return on investment,” added Aengaar.-TradeArabia News Service