Sustera to Become a Pan-European Property Lifecycle Expert – Lifecycle Thinking Is Needed for Profitable Business and Greener Future
April 29 2024 - 2:00AM
Business Wire
Sustera Group, a leading property wellbeing expert in Finland
and Sweden, specialises in supporting clients throughout the
lifecycle of their properties. The company aims to accelerate the
change towards more sustainable construction and more responsible
building management, driven strongly by EU regulations. With the
new strategy launched, Sustera will pursue strategic acquisitions
to establish a foothold in the UK, DACH, and Benelux. The Group’s
new strategy also contains a significant carbon footprint reduction
target: reduce customers’ CO2 emissions by 1 million tonnes by 2028
through the company’s services.
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“Sustainable operations are no longer an
additional luxury that concerns select buildings in the EU.
Instead, all buildings will need to adapt to the EU’s new
regulations and taxonomy,” says Tuomas Qvick, CEO of Sustera Group.
Sustera is a leading property lifecycle management company. Photo:
Sustera
To support the growth strategy, the company, formerly
Raksystems, announces its rebranding as Sustera Group. The new name
and tagline “Sustera – Buildings are for life” reflect the need to
bring buildings to a new, more sustainable era.
“As a part of the new strategy, our goal is to create a
stronger, more unified group with sustainability at the core to
support our international growth. This also benefits our customers
when they receive all building lifecycle services from a single
provider,” says Tuomas Qvick, CEO of Sustera Group.
Sustainability at the core of operations
Buildings are a major challenge for the climate. Buildings are
responsible for 40% of all energy consumption and 36% of greenhouse
gas emissions. According to the European Commission, there are over
220 million buildings in Europe, of which over a third are more
than 50 years old and 75% of them energy inefficient. Sustera aims
to help building owners in this challenge throughout the lifecycle
of their buildings.
EU is committed to become climate neutral by 2050.
Sustainability is an increasingly important aspect in the building
industry, as both EU regulations and local legislations are
tightening. Property owners will need to consider how energy
efficiency and zero emissions apply to their businesses. Agreements
such as the Energy Performance of Buildings Directive (EPBD) and
the Fit for 55 require buildings to significantly reduce emissions
while making buildings healthier for people.
“Sustainable operations are no longer an additional luxury that
concerns select buildings in the EU. Instead, all buildings will
need to adapt to the EU’s new regulations and taxonomy. Lifecycle
thinking is needed for profitable business and to ensure a greener,
better future. And most importantly, buildings have a huge impact
on the health and wellbeing of their occupants,” Qvick says.
Growth from new European markets
The group’s new strategy for 2024–2028 includes ambitious plans
for expansion into new markets. In addition to further
strengthening its presence in the Nordic region, Sustera will
pursue strategic acquisitions to establish a foothold in the UK,
DACH, and Benelux.
The impact-focused investment company Trill Impact acquired a
majority stake of Raksystems in 2022. The shared goal is to make
Sustera a leading player in supporting healthy and efficient
buildings not only in the Nordics but also beyond.
“We are excited to work closely with Sustera to create a
pan-European property lifecycle expert. We identified the group as
a thought leader within property wellbeing and green building
services and see significant potential to drive positive change
within energy efficiency and indoor air conditions in buildings.
The plan is to leverage our experience to help Sustera expand
internationally and become a leading player in its field in
Europe,” says Johan Lundén, Partner at Trill Impact
Advisory.
About Sustera: Sustera is a leading property lifecycle
management company, with roots in the Nordic region dating back as
far as 1989. With over 700 dedicated professionals, we ensure that
buildings increase their value and become more sustainable. Our
vision is to accelerate the change towards more sustainable
construction and building management.
We offer expert services for the entire lifecycle of a building;
we assess, investigate, and carry out surveys. We give advice that
prevents problems and reduces lifecycle costs for both new and
existing buildings. We ensure that ever-tightening sustainability
and energy efficiency requirements are met. We professionally
design, manage, and supervise both renovation and new construction
projects.
Sustera – Buildings are for life. www.sustera.com
About Trill Impact: Trill Impact is a pioneering Impact
House with around EUR 1.2 billion in assets under management across
its investment strategies, Impact Private Equity, Impact Ventures
and Microfinance, with a team of around 55 experienced
professionals based in the Nordics, Germany, Luxembourg and USA.
Trill Impact aims to become a force for positive change through
impact private investments, delivering Real Returns and Lasting
Impact for the benefit of investors, businesses and society at
large - encouraging others to follow. For more information, please
visit: www.trillimpact.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240428151618/en/
For media inquiries, please contact: Tuomas Qvick, Group
CEO, Sustera Group tel. +358 40 755 4444
tuomas.qvick@sustera.com