For heads of real estate: know which building to fix, fund or sell
Portfolio leaders are measured on operating cost per square foot, asset value and regulatory exposure across many buildings. Aqueduct ranks every site on normalized intensity and performance against its own baseline, and shows what each tenant uses.


Capital should follow evidence, building by building.
The numbers your role answers for
- Operating cost per square foot
Utilities as a share of net operating income, by asset.
- Regulatory exposure
Buildings at risk under performance standards and renovation rules.
- Cost recovery
Utility cost recovered from tenants against cost incurred.

Portfolio decisions the data informs
Which assets face penalties
See emissions against limits before fines are assessed.
What to tell buyers and lenders
Show performance against baseline as evidence in diligence.
Portfolio management, before and after
| Task | Today | With Aqueduct |
|---|---|---|
| Comparing buildings | Raw totals once a year | Intensity and baseline, ranked continuously |
| Tenant recovery | Area-based allocation | Dedicated and shared meters per tenant |
| Capex cases | Engineering estimates | Measured waste in money per site |
| Regulatory risk | Found at filing time | Tracked against limits through the year |
Rules reshaping portfolio value
worst-performing EU non-residential buildings to be renovated by 2030; 26% by 2033.
Source: European Commissionper metric ton of CO2e over the limit under NYC Local Law 97.
Source: NYC Department of BuildingsNYC tenant spaces above this size must be sub-metered for electricity under Local Law 88.
Source: NYC Department of Buildings, LL88sites in 21 countries run on Aqueduct.
and 9 clinics in one of India’s top hospital chains.
US airport running water intelligence on Aqueduct.
of commercial real estate under Aqueduct.
FMCG manufacturing campus.
operations run on Aqueduct.
Related
Common questions
Yes. A tenant on a shared meter sees only their own percentage share, while the owner sees the whole building and every tenant. Tenants can follow their current billing cycle as it accrues. See tenant submetering and billing.
Uploading 6 to 12 months of utility bills per site sets weather-normalized baselines from day one, before new meters are installed. Sites are then ranked on intensity and on performance against their own baseline. See portfolio benchmarking.
Yes. Offices, retail, industrial and campuses are compared per square foot or per visitor, filtered by type and region, so a busy mall is not judged against a quiet warehouse. See commercial real estate.
Aqueduct reports measured energy and emissions per building. Owners can see which assets risk a limit under laws such as NYC Local Law 97 well before the filing date. See building performance standards.
See Aqueduct on your own facility.
Bring a site, a utility bill or a question. We will show you where the loss is.


