2024 European Retrofitting Report

The 2024 European Retrofitting Report uncovers the challenges and opportunities faced by commercial real estate managers in preparing their portfolios for a net zero future. 

The report is based on insights from over 250 senior decision-makers across the UK, France, Germany, Spain, and Italy, representing a combined AUM of €226.3 billion. 

The report finds that a striking 88% of respondents plan to increase capital expenditure on retrofitting over the next three years, while 87% plan to purchase and upgrade underperforming properties. 

However, the industry faces critical hurdles, including a significant shortage of retrofitting expertise and the need for substantial financial investment. 

With over half of respondents reporting that 30% of their commercial real estate assets are at risk of becoming stranded due to poor energy performance, PropTech solutions are increasingly viewed as essential in managing carbon emissions and optimizing retrofit investment strategies, with 88% of respondents acknowledging their importance.

Download Deepki’s report

 

2024 European Retrofitting Report

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Entreprise clients worldwide

Deepki, your data intelligence Saas Platform

Deepki is a state-of-the-art data management and monitoring platform designed to help real estate players gain a better understanding of their ESG performance and achieve their ESG goals.

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Deepki is a state-of-the-art data management and monitoring platform designed to help real estate players gain a better understanding of their ESG performance and achieve their ESG goals.

Deepki Advisory, your expert ESG consultancy

Deepki Advisory is a consultancy service comprising experts with diverse areas of expertise, including real estate, compliance, energy management, environmental engineering, and political science - with combined decades worth of industry experience.

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Deepki Advisory is a consultancy service comprising experts with diverse areas of expertise, including real estate, compliance, energy management, environmental engineering, and political science - with combined decades worth of industry experience.

Case studies

Deepki enables real estate stakeholders to gain competitive advantage, enhance assets performance and resilience

"The combination of Deepki’s experts and its platform was key to creating a roadmap that will allow us to achieve our ESG goals, while monitoring the success of each action. We were able to rely on Deepki’s advice when structuring our strategy and identifying steps to follow."

- Daniel While, Head of Research, Strategy & Sustainability at Primonial REIM

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Primonial REIM

Data collection, ESG, GRESB, SFDR

"Deepki allows us to automate data collection and achieve our overall ESG objectives. The human and professional support we have received has enabled us to determine a solid action plan to fulfill our ESG commitments while improving our GRESB reporting process."

- Vanessa López, Director of Regulatory Compliance and Risk Management for the Azora Group

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Azora

ESG, GRESB

"Most importantly, we were trying to find a partner capable of organizing all of the energy data collected from the countries in which we operate. It was clear that with Deepki, a company recognized for their data handling and collection strategies, a long-term partnership was inevitable."

- Eric Bouvier, Chief Data Officer at La Française 

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La Française

Data Collection, Data Discovery, Décret Tertiaire

"We collected more data in 5 months than we did over the past 5 years. Our data collection process is now faster, clearer and more transparent. Pretty soon, we won’t need tenants’ invoices anymore for private energy data - and we’re offering them an additional service."

- Henri Chapouthier, CSR manager

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Icade

Data, Productivity

"In 7 months, we were able to reduce energy consumption by 14% across our customer portfolio. For Klépierre, this translates to €6 million in savings for our tenants."

- Franck Tharreau, Group Head Of Engineering & Sustainability

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Klépierre

Energy management, Cost efficiency

"Thanks to Deepki, we were able to identify the variables that impact our energy consumption. We were in for a few surprises! Sites that seemed to be performing on paper were not necessarily performing in real life. The unbiased statistics obtained with Deepki gave us a clear and accurate picture of our performance."

- Didier Trollé, Building and Equipment Portfolio Development and Maintenance Director

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Advitam

Energy management, Cost efficiency

"I’m very pleased with the support provided by Deepki. The GRESB response project unfolded smoothly with no delays, and Deepki’s teams are knowledgeable and friendly."

- Cyrille Hérisson, Head of Real Estate Fund & Portfolio Management France

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Swiss Life Asset Managers France

Data collection, ESG, GRESB

"With Deepki’s help, we set up an efficient energy management system that lets us target and resolve any excess consumption, prioritizing actions with rapid return on investment."

- Stéphane Timossi, Works Director

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Kiloutou

Energy management, Cost efficiency

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