“We want to look far into the future,” says Jukka Aaltonen, Sagax’s Real Estate Director.
By controlling energy consumption, the value of the property portfolio increases and operating costs decrease. This is a familiar issue for property owners. The hard part starts when you have to decide which concrete ways to optimise your energy use. In heating systems, for example, it is well known that there are several competing technologies.
“This is where we enter the picture. We offer the client several alternative scenarios clearly presented. Sometimes the right solution is one that the client hadn’t thought of at all. We like to surprise the customer in a positive way,” says Thomas Luther, Managing Director of LeaseGreen.
Luther stresses that LeaseGreen is agnostic when it comes to technologies. This means that in the initial phase, all solutions are on the same line. The different technologies will only be considered once a thorough analysis and calculations have been completed. The client company gets to choose the solution that is best for its strategy.
Sagax asked LeaseGreen for its opinion on two properties, one of which is an oil-fired industrial building near Pirkkala airport.
LeaseGreen’s analysis offered a hybrid solution where geothermal would provide most of the heating, but a backup system should be installed for the worst frosts. LeaseGreen presented two options: either convert the old oil boiler to run on bio-oil, or replace it with an electric boiler. Sagax chose electricity, even though it is a slightly more expensive investment.
“This is a responsibility issue for us. We prefer to give up oil completely when we have the chance. We want to look to the future,” says Jukka Aaltonen, Real Estate Director at Sagax.
LeaseGreen will drill 21 energy wells on the site, with a total depth of around 7,000 metres. Carbon dioxide emissions will be reduced by 210 tonnes per year.
The second is a complex of five warehouse and office buildings in Juhanilanmäki, Vantaa. LeaseGreen modernised the ventilation fans and building automation in four buildings. A recirculation system will also be built, which means that warm air can be circulated indoors, directly reducing primary energy consumption.
Sagax is a real estate investment company specialising in office space. In Finland, Sagax owns approximately 280 properties with a total area of approximately 1 350 000 square metres. The sites are mainly warehouses and production facilities. In addition to Finland, Sagax operates in Sweden, Denmark, France, Germany, the Netherlands and Spain.
Jukka Aaltonen, Real Estate Director, Sagax Finland
+358 10 322 0868
jukka.aaltonen@sagax.fi
Thomas Luther, Managing Director, LeaseGreen
+358 40 534 4256
thomas.luther@leasegreen.com
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