Engel & Völkers Commercial acquires a stake in Sedainow

Acquisitions

▤ Summary

The Berlin-based start-up has developed a data management platform that can be used to analyze the ESG risks of buildings. How much money the real estate group is putting into the start-up remains unclear for now.The startup, founded by Kaspar Neftel, says the real estate sector in Germany accounts for about 30 percent of emissions and 40 percent of energy use. "Making houses and apartments as energy-efficient as possible represents the need of the hour," says Christian Walter, CEO of Sedainow. "The startups 2022 software not only analyzes the ESG risks of buildings, but also derives improvement measures. The project will enable owners of residential and commercial buildings to identify CO2 risks of their properties.

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