Photo 60482137 © Patryk Kosmider |
Office buildings in Gdansk, Poland

Europe's Globalworth taps Honeywell for commercial buildings' sustainability, efficiency

April 25, 2023
European real estate investor to Globalworth announced it will deploy Honeywell technology solutions across its commercial building portfolio in Romania and Poland, the better to improve operational efficiency and support sustainability efforts.

Honeywell announced today that Globalworth, a major real estate investor in Central and Eastern Europe, has selected Honeywell's connected technology to help increase operational efficiency, support sustainability efforts, and improve the occupant experience across the Globalworth portfolio of commercial office buildings in Romania and Poland.

According to a press release, Globalworth will use solutions from the Honeywell Forge for Buildings platform to handle comprehensive building system operations and management, while helping to improve performance and reduce energy consumption throughout its facilities from a single point of control.

Machine learning models drive building energy efficiency

As cited by Honeywell, the UN Environment Programme 2022 Global Status Report for Buildings and Construction found that buildings are a primary consumer of energy worldwide, with the building and construction sector accounting for 34% of energy demand and 37% of energy and process-related CO2 emissions in 2021.

In Europe, the numbers are even more concerning, with the buildings sector accounting for 40% of the continent’s total energy needs, 80% coming from the use of fossil fuels.

To help reduce this energy demand, the company said that Globalworth will leverage machine learning models within the Honeywell Forge for Building platform to monitor energy consumption across its buildings, down to the device and asset level, and make automatic adjustments to minimize energy consumption while maintaining occupant comfort and productivity.

Dennis Selinas, CEO of Globalworth Group, remarked:

“We believe that building technologies can provide not only better experiences for our tenants but can also add value in helping to achieve operational and sustainability goals – all without sacrificing occupant comfort. We are investing in Honeywell Forge for Buildings for its ability to integrate systems, improve maintenance, and save energy, with the aim of helping us to optimise our selected building operations."

Deployed technologies including Honeywell Forge Site Performance, Carbon and Energy Management, an application of Honeywell Buildings Sustainability Manager, and Honeywell Sine visitor management solutions, will help Globalworth digitalize real estate operations across its facilities in Romania and Poland.

Platform details include the following:

  • Honeywell Forge Performance+ for Buildings | Site Performance provides asset insights for building operations to help reduce operational and maintenance costs and to improve occupant comfort and asset availability. Offerings include predictive maintenance and centralized control features, and the iOS Mobile App.
  • Honeywell Buildings Sustainability Manager provides building owners and operators with a ready now suite of solutions to meet two pressing, yet often conflicting, objectives: reducing their buildings’ environmental impact while optimizing indoor air quality to support occupant well-being, with the aim of advancing carbon reduction goals.
  • Honeywell Sine Visitor Management enables visitors to check in and out of a building in a quick and seamless manner, allowing building managers to see who is on a given site, account for occupant capacity, vet visitors before arrival, audit contractor permits, and send out notifications. When integrated with access control solutions, the company says that Sine can provide a single integrated and cloud-based means to enhance tenant experiences and reduce manual interventions.

Mark Loughran, president, Honeywell Central and Eastern Europe, concluded:

“Building inefficiency is a major challenge to Europe’s overarching climate objectives, and with the continuing energy challenges that Europe faces today, there is a pressing need to update existing buildings across the region with the right technology to maximise their energy credentials. Honeywell Forge for Buildings represents a ready now solution to this challenge. Globalworth’s implementation of these offerings will support the company in meeting its environmental targets, while maintaining its occupants’ comfort and reducing its overall operating cost.”

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