India

Mindspace REIT pioneers sustainability in real estate with IMOC

Synopsis

Mindspace Business Parks REIT is revolutionising commercial real estate with the launch of its Infrastructure Monitoring & Operations Centre (IMOC). IMOC offers centralised control and real-time analytics for Mechanical, Electrical, and Plumbing (MEP) utilities, enhancing energy and water efficiency while improving occupant experience. Implemented in key projects in Mumbai, Pune, and Hyderabad, IMOC streamlines operations, optimises man-hours, reduces downtime, and extends infrastructure life cycles. This aligns with Mindspace Business Park REIT's sustainability goals, already meeting global Green Building standards, further emphasising the importance of operational energy efficiency in commercial real estate.

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Mindspace Business Parks REIT, known for its high-quality Grade A office portfolio, is making a significant impact in the commercial real estate sector by introducing innovative practices and emphasising sustainability and operational efficiency. Their latest endeavour is the establishment of the Infrastructure Monitoring & Operations Centre (IMOC). This system provides centralised control and real-time analytics for Mechanical, Electrical, and Plumbing (MEP) utilities, working in harmony with integrated Building Management Systems (iBMS). The primary objective is to substantially reduce energy and water consumption while enhancing the overall experience for occupants.

The deployment of IMOC reflects Mindspace Business Park REIT's overarching mission to "build sustainable ecosystems." This concept has been successfully implemented across vital projects in Mumbai, Pune, and Hyderabad. Notable properties include Mindspace Airoli East, Mindspace Airoli West, Gera Commerzone Kharadi, and Mindspace Madhapur. IMOC is designed to empower engineering operations with a comprehensive suite of integrated technological tools aimed at elevating execution efficiencies. It offers centralised control, continuous monitoring, and advanced analytical capabilities tailored to accommodate expansive Grade A ecosystems that serve clients round the clock.

The adoption of IMOC at these locations has resulted in streamlined operations, allowing for the optimization of man-hours while enhancing the precision and agility with which MEP utilities are managed. Furthermore, it reduces downtime and extends the life cycle of the commissioned infrastructure.

Ramesh Nair, the CEO of Mindspace Business Parks REIT, emphasised that embracing the IMOC framework goes beyond a mere technological upgrade. It signifies a commitment to boosting operational performance and staying dedicated to their sustainability goals.

Impressively, over 98.6% of Mindspace projects already adhere to global Green Building standards. With this initiative, they aspire to set a new industry benchmark for operational energy efficiency.

The imperative for sustainable practices in commercial real estate has never been more pronounced. Concerns surrounding climate change and resource depletion underscore the necessity of minimising the environmental impact of buildings. The integration of iBMS and IMOC is pivotal in optimising how energy is managed and consumed across Mindspace REIT projects.

In summary, Mindspace Business Parks REIT is at the forefront of innovation and sustainability in the commercial real estate sector with the establishment of the IMOC. This initiative is seamlessly aligned with their commitment to creating sustainable ecosystems. The integration of iBMS and IMOC optimises the way energy is managed and consumed across the Mindspace REIT projects.

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