Kaer Delivers Cooling as a Service Model for Paya Lebar Green
Singapore-headquartered Kaer is executing its third project with global real estate group Lendlease, this time for Paya Lebar Green, a development between Certis and Lendlease. Lendlease’s adoption of the CaaS model on its third project demonstrates the growing large-scale adoption of sustainable cooling solutions in building projects across the region. Kaer’s CaaS solution is currently deployed at two of Lendlease’s projects – Paya Lebar Quarter and The Exchange, TRX. The introduction of the CaaS model at Paya Lebar Green brings Kaer’s CaaS portfolio to 20 million sq. ft of space with 250,000 tons of CO2 saved every year.
Justin Taylor, Chief Executive Officer, Kaer, said: “The CaaS business model is playing a crucial role in decarbonising our built environment, while simultaneously reducing operating costs for owners and driving up building valuations. We are extremely proud to continue our partnership with Lendlease, a global leader in delivering low-carbon, Grade-A offices and mixed-use developments. We look forward to unveiling this latest project in Singapore’s vibrant Paya Lebar precinct.”
Set to comprise the most sustainable development in Singapore, Paya Lebar Green has been awarded the Building and Construction Authority (BCA) Green Mark Platinum Super Low Energy certification and is the first development in Singapore to attain all five sustainability badges under the latest BCA Green Mark 2021 scheme. Set for completion in 2024, Paya Lebar Green will serve as the headquarters for Certis, with approximately 220,000 square feet of prime, decentralised Grade-A office space.
Kaer’s CaaS offering will deliver another efficient cooling system for Lendlease’s portfolio, and through the Kaer Connect app, will allow Kaer and Lendlease to measure and report carbon emissions down to the minute. It provides real-time tracking to assess energy efficiency and associated carbon emissions data for regulatory reporting, making it seamless to monitor, report and, improve ESG metrics over time.
Richard Paine, Head of Development (Singapore), Lendlease, added: “Through Kaer’s CaaS model, we’ve achieved significant portfolio efficiency gains, reducing our carbon emissions. With this sustainable cooling model introduced at Paya Lebar Green, we are elevating our sustainability efforts even further, as part of broader strides towards Lendlease’s global Mission Zero ambitions.”
As part of its Mission Zero commitment, Lendlease is tracking to achieve Net Zero Carbon (Scope 1 & 2) in Asia by 2025. With approximately 90% of total carbon emissions by Lendlease globally attributed to Scope 3 emissions – from upstream activities, such as the manufacturing of building materials and downstream activities, such as emissions from the use of electricity and natural gas by building tenants – Lendlease is turning to tackling Scope 3 emissions in its journey to reach Absolute Zero by 2040.
Kaer’s ongoing expansion across Asia underscores the escalating demand for sustainable cooling solutions, driven by rapid urbanisation and climate change, and aligns with global calls for a carbon-resilient future.