News 14.05.2024
Fundamenta Group Germany and PAUL Tech enter into cooperation
Kristina Klehr
Fundamenta Group Germany has entered into a cooperation with the green-tech company PAUL Tech for intelligent heating control systems. Therefore Fundamenta has commissioned an expert in green energy for its fund products.
Given the goals of the heat transition, the building industry faces a clear task: greenhouse gas emissions must be reduced by 55% by 2030. Buildings are to be climate-neutral by 2045. The associated challenges are immense. Time is of the essence, and previous solutions have proven to be resource-intensive. Achieving compatibility between climate protection and profitability seems difficult. PAUL Tech develops innovative technologies and solutions to minimize the CO₂ emissions of properties while simultaneously increasing their value.
“Our goal is to achieve a fully decarbonized residential portfolio by 2045. The solution developed by PAUL Tech for intelligent and dynamic heating control convinced us and helps us to achieve our sustainability goals,” says Michael Achberger, Head of Construction & Development at Fundamenta Group Deutschland AG.
“I am very pleased with the trust placed in PAUL by Fundamenta Group Deutschland AG. Taking this step with us means tapping valuable energy and CO2 savings potentials and developing portfolios towards stability and future viability, towards ‘green heating’,” comments Sascha Müller, CEO and Board Member of PAUL Tech AG.
About Fundamenta
Fundamenta Group Deutschland AG (“Fundamenta”) is an independent real estate asset manager and a subsidiary of Swiss Prime Site based in Switzerland. Fundamenta specializes in the conception, development, and active management of real estate investment products/portfolios. Focused and individual solutions are developed for the various investment needs of our institutional investors, family offices, and UHNWIs. The goal is to ensure optimal value creation for the managed properties through active asset and investment management. Currently, assets under management (AuM) amount to approximately 1 billion euros with around 4,000 residential units in the most important German economic centers.
Swiss Prime Site is the largest real estate company in Switzerland and one of the leading real estate companies in Europe. The total portfolio of around 26 billion Swiss francs in assets includes both properties owned and properties managed for third parties in the Swiss Prime Site Solutions business area, in which Fundamenta is integrated. Swiss Prime Site was founded in 1999, is headquartered in Zug, and is listed on the SIX Swiss Exchange.