Image of the staircase in the Prodea Athens office.

PRODEA Investments

PRODEA Investments takes its portfolio sustainability to a new level. The largest real estate investment company in Greece with a portfolio of 120 properties collaborates with Siemens to fast track their sustainability goals.

Paving the way for the real estate industry

PRODEA Investments holds a vast portfolio of over 120 properties across Greece, Cyprus, and Italy. Their properties include hotels, retail spaces, logistics facilities, residential units, and other rental spaces.

In the dynamic landscape of the real estate sector, PRODEA is on a mission to redefine industry standards. They are seamlessly integrating sustainability and technological innovation into their operations. This proactive approach extends beyond just meeting current demands; it’s deliberately designed to anticipate and fulfill future needs, thereby enhancing tenant experiences. Their forward-thinking strategy is key in boosting tenant retention and increasing operational efficiency across their diverse portfolio. In response to these demands, PRODEA has embarked on a transformative journey with Building X. This digital platform enables them to effectively monitor and optimize energy consumption, costs, and emissions, while ensuring compliance with the latest EU environmental regulations.

8% Energy savings at headquarters

Building X delivered measurable energy savings at PRODEA's Athens headquarters through AI-enabled energy optimization.

120 Property expansions underway

Following the successful deployment at headquarters, PRODEA is extending Building X across additional properties within its portfolio.

The use of the platform at PRODEA's headquarters has already delivered 8% energy savings. We are expanding its use to additional buildings and plan to offer the platform as a service to our tenants.

Athanasios Karagiannis, Chief Investments Officer, PRODEA Investments

Building X

Pioneering the digital transformation journey

Located in Athens' historical heart, PRODEA's Headquarters expertly blends classical elegance with cutting-edge sustainable design, reflecting its commitment to LEED and WELL-certified standards. The dedicated Environmental, Social, and Governance (ESG) department, equipped with innovative technology such as the Building X Energy Manager application and Siemens X300 Connect gateway, providing greater visibility into energy and carbon emissions.

More than a monitoring tool, Building X Energy Manager helps PRODEA take a proactive approach to energy management. By analyzing consumption patterns and forecasting future energy needs, the application enables informed decisions that optimize building performance and support continuous improvement initiatives. This approach has already delivered measurable results, contributing to an 8% reduction in energy consumption at the headquarters.

This key tool empowers PRODEA to stay on course towards achieving its ambitious net-zero emissions targets while improving operational transparency and efficiency. The strategic partnership with Siemens demonstrates how a historic landmark can remain at the forefront of sustainability, innovation, and digital transformation.

Building X transforms the way we live and work

Icon of an X with an image of a girl holding a phone inside of the x.

Creating sustainable, autonomous and profitable buildings

Building X is a digital building platform that supports customers to digitalize, manage, and optimize their building operations. This leads to improved sustainability, increased operational performance, and higher building value. It is part of Siemens Xcelerator, an open digital business platform that enables customers to accelerate their digital transformation easier, faster, and at scale.

Learn more about Building X

ESG Data Management and Reporting

Discover why Verdantix, an independent analyst firm, exclusively recommends our ESG Data Management and Reporting Software for Real Estate in their 2024 Buyer’s Guide.

“Siemens’ ESG software provides robust data management capabilities, enabling real estate companies to track and report on environmental, social, and governance metrics effectively."