Real estate ESG data firm Deepki has joined PGIM Real Estate’s innovation lab, which partners with universities to research and invest in new technologies for the real assets industry.

Deepki said it is teaming up with the recently launched RealAssetX Innovation Lab and the University College London to “focus on some of the most pressing ESG topics for commercial real estate today, by harnessing the power of sustainable tech, artificial intelligence (AI) and deep tech”.

PGIM, which launched RealAssetX last week, said the platform will also establish strategic partnerships with venture capital firms to invest and deliver modern technologies for the industry. 

“By combining the technical and financial data of PGIM Real Estate’s assets, Deepki’s ESG data and knowledge and UCL’s research capabilities, RealAssetX will research and develop new technologies that can be incubated and eventually adopted by owners, operators and managers of real assets,” Deepki said.

Deepki founded in 2014, has developed a SaaS solution that uses data intelligence to guide real estate players in their net-zero transition.

Vincent Bryant, CEO and co-founder of Deepki: “We are particularly excited as this agile and learning-oriented initiative is perfectly aligned with our mission to have a true impact in the fight against climate change – leveraging Deepki’s decade-long experience of harnessing data to implement decarbonisation and ESG strategies across Europe, America and APAC.”

Naqash Tahir, executive director of the CIO office at PGIM Real Estate, said the strategic partnership with Deepki will ultimately help create new technologies to advance how the industry invests in real assets.

To read the latest edition of the latest IPE Real Assets magazine click here.