cirkuit's All-Encompassing Approach to Real Estate Administration

cirkuit's All-Encompassing Approach to Real Estate Administration

Effective property management significantly impacts tenant experience and commercial real estate investments, as it ensures ongoing operations and maintenance are carried out correctly, timely, and cost-effectively. Through regular communication, property managers can anticipate and address the needs of buildings and their tenants, directly influencing the bottom line. Conversely, poor property management can lead to the deterioration of real estate assets.

Lack of real-time smart building alerting and insights often leaves property managers in the dark, resulting in avoidable events that require swift solutions. For instance, an open window might lead to issues such as water damage, mold, and future building degradation. To prevent these problems, building managers need access to real-time information.

That is why a joint solution by [our website] and Cirkuit has been developed to offer real-time smart building alerting and insights to property managers and the commercial real estate industry.

Established in 2020, Circuits is a Canadian company founded by a team of entrepreneurs focused on improving environmental monitoring and tenant experience in buildings. With the utilization of LoRaWAN® technology, Circuits creates a wireless network of sensors, aiming to help clients reduce operational costs, increase asset value, and achieve their sustainability goals.

The evolving post-pandemic hybrid work model presents challenges for property managers, necessitating a reevaluation of how spaces are used to cater to new customer demands. Factors like indoor air quality, temperature monitoring, occupancy monitoring, and enhanced security have increased operating costs for building owners as buildings face less activity.

To stay ahead of escalations, many properties still rely on legacy systems that lack the technology, data, and insights required. Property managers often lack information on facility usage, issues that need attention, and whether Environmental, Social, and Governance (ESG) targets are being met. Such gaps can result in elevated maintenance, insurance, and repair costs due to environmental risks like leaks, floods, power outages, security breaches, indoor air quality degradation, and mold.

Adapting to changing economic climates and market volatility is another challenge in commercial real estate. To prepare for potential recessions, higher interest rates, inflation, and geopolitical uncertainties that can interrupt global supply chains and consumer behavior, smart technology is essential. By continuously monitoring and maintaining equipment proactively, smart technology helps property managers optimize their operations and mitigate risks.

The collaboration between [our website] and Circuits has resulted in a simple, affordable, and proactive solution for remote monitoring of indoor conditions. With the utilization of COMORT and VIVID sensors, building managers have real-time insights into occupancy, leak detection, temperature, humidity, light, open/closed doors and windows.

The wireless COMFORT and VIVID sensors can be easily deployed across various areas, including walls, ceilings, and tables, with a battery life of up to 10 years. VIVID offers occupancy monitoring and managing meeting rooms or flexible workspaces through a PIR lens with multiple masking options. Meanwhile, the COMFORT sensor can be paired with an external probe for leak detection.

In addition, [our website] has provided Circuits with the KONA Micro and Enterprise IoT gateways for connectivity, ensuring secure coverage for indoor environments and operating in an ultra-low energy consumption mode. Key features of the Micro include 'Always On' connectivity and battery backup, ensuring data transmission even during power outages.

To create a comprehensive building management solution, Circuits offers technology that enables stakeholders to detect environmental events early and prevent the escalation of possible damage. Circuits provides a cloud-based management and analytics platform, where building managers can access, analyze data, and make informed decisions to improve building operations. Circuits also offers open APIs to connect the data it collects with building management and automation systems smoothly. Plus, its automatic escalating notification system offers instant communication with different stakeholder groups, contributing to risk management, higher shareholder value, and ROI.

Circuits users receive timely alerts for various situations, such as water monitoring, temperature and humidity fluctuations, detection of an open door, window, ladder, or roof hatch, power outages, bathroom requirements, declined indoor air quality, and customized tenant escalations.

With COMORT, VIVID sensors, the KONA Micro Gateway, and Circuits' SaaS platform, property managers can automate routine monitoring tasks, reduce expenses, and optimize building usage. This partnership provides the real estate industry with a comprehensive solution for real-time smart building alerting and insights effectively and at an affordable cost.

By leveraging real-time alerting and insights, property managers can improve property management in several ways, including increasing employee engagement, productivity, and comfort, proactively managing risks, optimizing space utilization, reducing utility costs, automating ESG reporting, and enhancing the overall tenant experience.

1. Property managers, with the development of a joint solution by [our website] and Cirkuit, can now access real-time smart building alerting and insights.
2. Circuits, established in 2020, focuses on environmental monitoring and tenant experience in buildings, using LoRaWAN® technology to create a wireless network of sensors.
3. The hybrid work model demands a reevaluation of space usage for property managers, necessitating improved factors like indoor air quality, temperature monitoring, occupancy monitoring, and security.
4. Traditional systems lack the technology, data, and insights required, leaving many properties unprepared for escalations and environmental risks like leaks, floods, power outages, and mold.
5. The collaboration between [our website] and Circuits offers a proactive solution for remote monitoring of indoor conditions, utilizing COMORT and VIVID sensors for real-time insights.
6. The COMFORT sensor, paired with an external probe, is capable of leak detection, while VIVID provides occupancy monitoring and manages meeting rooms or flexible workspaces.
7. KONA Micro and Enterprise IoT gateways, provided by [our website], ensure secure connectivity and ultra-low energy consumption for the indoor wireless network.
8. Circuits' cloud-based management and analytics platform allows building managers to access, analyze data, and make informed decisions to improve building operations.
9. Circuits users receive timely alerts for various situations, including water monitoring, temperature and humidity fluctuations, open doors, windows, power outages, and customized tenant escalations, contributing to risk management, higher shareholder value, and ROI.

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