Aroundtown and PassiveLogic Partnership to Transform the European Real Estate Market

Aroundtown, one of Europe’s largest real estate companies, has entered into a partnership with PassiveLogic, the pioneer in autonomous building platforms, to deploy PassiveLogic’s digital-twin platform and next-generation autonomous building controls across Aroundtown’s portfolio. The goal is to usher in a new era of efficient and sustainable building management through the use of artificial intelligence, digital twins, and generative autonomy. Buildings today are the most complex controlled infrastructures in the world, consuming more than 40 percent of global energy resources. They are often equipped with outdated building management systems that provide only suboptimal comfort to occupants and waste energy.

The collaboration opens up new opportunities for greater energy efficiency, reduced operating costs, and lower CO₂ emissions. At the same time, it enhances transparency for owners and operators through real-time insights into all critical building systems. For tenants, this means greater comfort, an improved user experience, and reduces energy usage in buildings by 30%. The partnership supports Aroundtown’s efforts in pioneering digitalization and decarbonization of the European real estate market.

“PassiveLogic is transforming our building operations from reactive to proactive,” said Limor Bermann, Chief Sustainability Officer at Aroundtown. “By integrating more autonomy into our assets, we lower costs, reduce CO₂ emissions, extend the lifespan of critical systems – while simultaneously providing our tenants with a consistently higher-quality experience. This is not only about today’s savings, but also about preparing our portfolio for the next generation of performance and sustainability standards.”

Troy Harvey, CEO and Founder of PassiveLogic, added: “Buildings are no longer passive infrastructure; with AI and autonomy, they become a new workforce that independently manages energy, operations, and sustainability. Aroundtown’s footprint will serve as a model for the industry, demonstrating how our generative autonomy platform enables owner control, user comfort, and streamlined operations free from legacy constraints.”

With this partnership, Aroundtown is preparing its portfolio for the future, accelerating modernization, and strengthening its ESG compliance. By deploying autonomous building controls that continuously optimize operations, the company is laying the foundation for smarter, more sustainable, and higher-performing real estate across Europe.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, M-Dax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany, the Netherlands and London. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as the Dow Jones Best-in-Class Index, and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany as well as a signatory the Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz,, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de