CFP maps out the circularity of Cairn Real Estate’s industrial buildings

Before Article
  • Circularity of the real estate fund mapped out
  • Determining raw material consumption for the next 10 years
  • Improving the quality, value and lifespan of buildings through circular measures

Circularity of real estate fund mapped out

Together with investment manager Cairn Real Estate, CFP Green Buildings has mapped out the circularity of an entire real estate fund. By analysing the 10-year maintenance budget and the corresponding raw material consumption, the opportunities for optimisation were identified and measures were determined.

Data analysis marks the start of determining raw material consumption for the next 10 years

Even though circularity is a hot topic, adopting specific measures is still proving difficult. After all, what exactly is circularity and what factors will have impact? In order to address these issues, CFP Green Buildings was engaged to map out part of the Cairn Real Estate portfolio and to determine possible measures. CFP’s method is driven by data analysis and is characterised by simplicity and specific results.

The essence of circularity is that we do not extract new raw materials from the soil and we do not throw anything away. Only in this way can we maintain our economic system with the same opportunities for future generations. This is exactly what we measure in our approach. We add up the kilos of raw materials that will be added and disposed of over the next 10 years.

– Bert van Renselaar, partner at CFP Green Buildings

Making a circular impact using management and maintenance

The results are summarised in a list of measures that are aimed at reducing the waste of raw materials as much as possible. In this way, valuable raw materials are preserved in the chain and the soil is prevented from being exhausted unnecessarily. Moreover, by opting for high-quality raw materials, the quality of buildings is improved and with it their value and lifespan.

The initial results

The first projects show that a great deal of impact can be made quickly by applying a number of significant measures. Replacing roofs, for example, has a major impact on raw materials and there are good alternatives for using circular materials. Also in terms of costs, the circular initiatives can compete well with the one-to-one replacement from the current 10-year maintenance budget. The initial investment is often a little higher, but this is recouped within the lifecycle by the longer lifespan and higher quality of the materials used. This makes the Total Cost of Ownership (TCO) almost the same.

Cairn Real Estate pilot project

The first results to integrate circularity in the maintenance programme are promising. On the basis of the data analysis, the opportunities were identified for the selected objects to carry out the maintenance budget in a circular manner with as much impact as possible. From this starting point, Cairn Real Estate carried out a pilot project that included a 7,160 m2 roof of circular roofing, including a manufacturer’s take-back and recycling guarantee.

The manufacturer has calculated that the new roofing has generated a CO2 reduction of more than 24,000 kg, because bituminous materials from old roofing membranes have been reused.

–¬†Fabian Marchand, Asset Manager at Cairn Real Estate

This shows that circularity is something that can be implemented immediately. By integrating it into existing maintenance and renovation programmes, sustainability can be achieved with limited additional costs and ultimately comparable TCO.