AMP Capital deploys BrainBox AI tech at shopping centres

BrainBox AI has landed a deal with AMP Capital to deploy its technology across the investment management company’s real estate portfolio.

It will install an autonomous artificial intelligence HVAC system at the likes of shopping centres and logistics facilities throughout Australia and New Zealand.

We’re excited to be first globally in rolling out new energy saving technology across our managed real estate portfolio. @BrainBoxAi will regulate building comfort and energy use automatically to reflect changes in outside temp and building occupancy https://t.co/3opLoDG3Av
— AMP Capital (@AMPCapital) October 23, 2020

“In an ever evolving commercial real estate market, companies around the world face mounting pressure to address environmental concerns while maintaining low running costs to ensure they can deliver the highest possible returns to their shareholders and investors,” says Sam Ramadori, President at BrainBox AI.

“Our partnership with AMP Capital is a great example of how BrainBox AI can help a real estate owner, anywhere in the world, make their portfolio fully autonomous and achieve levels of efficiency that are only possible with AI.”

“We are delighted to adopt this cutting edge technology to reduce our carbon footprint and make our buildings a more comfortable place for our customers to work or visit,” comments Daniel Lepore, Head of Asset Technology at AMP Capital.

“For too long, air conditioning systems have been too slow to react to changes in the weather, wasting energy and costing both the environment, tenants and investors. Now, we won’t have to wait for customers to pick up the phone, the system will respond before there is even an issue.”

“This exciting initiative also takes us ever closer to our Net Zero Carbon aspirations and delivering our 2030 Sustainability strategy,” he concludes.