Business & Economy
Deals that make the headlines
September 11, 2023
A 900-unit deal between resicentral®, headline sponsors of Urban Living Festival 2023, and Charles Hope Apartments, raises the industry standard for energy management, building monitoring and apartment automation.
resicentral®, a leading property technology company, made an impressive impact at this year’s Urban Living Festival, in Canary Wharf.
As headline sponsor of the event, resicentral® showcased its innovative energy management solution resiEMTM and resiAIRTM, a Wi-Fi based intelligent monitoring, control and sensing unit.
Both are designed to reduce energy consumption, save clients’ money, improve sustainability and provide valuable data insights.
Managing director James Baird and Dale Smith, chief executive of The SDDE Smith Group, the parent company of resicentral®, gave speeches, workshops and live demonstrations, which left a lasting impression on attendees and was reaffirmed by the securing of deals for more than 1000 units while at the event.
James and Dale kicked off the second day of the festival with a joint introduction.
Dale spoke of the acquisition of resicentral® and his pride in The SDDE Smith Group’s participation as headline sponsor of the Urban Living Festival for three consecutive years, underscoring the company’s dedication to driving innovation and industry collaboration.
James spoke about the company’s rapid growth, highlighting its ambitious plans, which include the installation of resiEMTM technology within 520 units in Leeds.
The resicental® cloud platform and resiAIRTM technology work together to give clients control over their buildings by monitoring and controlling individual apartments and spaces, which helps to improve energy efficiency and the resident experience.
resiAIRTM uses state-of-the-art processing and sensing technology in a compact device that is about the size of a smoke detector.
The system includes features such as temperature setting limits and the automatic shut-off of lighting, heating and other circuits when sensors detect no occupancy in a given location.
The technology uses customisable rules within the platform’s engine, making them adaptable to various actions.
resiEMTM is an energy management platform that compiles granular data across an entire property, breaking it down to each individual unit, benchmarking energy consumption and the estimated costs for power usage.
The platform provides real-time and historical reports on energy usage, which property owners can use to effectively monitor and optimise consumption patterns.
Stemming from discussions and live demonstrations at the Urban Living Festival, resicentral® secured a deal with Charles Hope Apartments to implement resiAIRTM and resiEMTM in more than 900 units across 17 locations.
By leveraging resiAIRTM and resiEMTM, Charles Hope Apartments’ property managers and residents will experience an evolutionary approach to energy usage and optimisation, raising efficiency and sustainability standards.
Richard Maurin, chief executive of Charles Hope Apartments, says: “Charles Hope Apartments has chosen resicentral® as a technology partner across our UK portfolio due to the product’s superior features offering our business a range of energy-saving and operational management benefits.
“Charles Hope’s ethos is to provide unparalleled customer service; our commitment to lowering energy usage without impacting the customer sits alongside that.
“resicentral® offers a data-driven solution that allows us to do this, unlike any other product on the market.”
resicentral® is committed to sustainability and ESG principles.
Through its innovative resiEMTM platform and resiAIRTM technology, the company compiles real-time data on sustainability practises, including kWh of energy, resident engagement and carbon offsetting.
It is clear resicentral®’s contributions will have a lasting impact on the property industry as a whole.
Their dedication to innovation, sustainability and collaboration sets a high standard for others to follow.
It is an exciting time for urban living, and resicentral® is at the forefront, shaping a future where technology and sustainability converge for the betterment of residents and communities.