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£111,000+

£111,000+

 in annual savings identified through reduced water consumption, energy bills, insurance and maintenance costs.

68%

68%

reduction in water usage identified, equating to more than 2 million litres saved monthly.

26 tonnes

26 tonnes

of annual CO2e reductions identified, enhancing Greystar’s sustainability leadership.

Project overview

In partnership with Watergate, Greystar,
a global leader in the living sector, discovered major financial, operational, and environmental benefits by implementing Watergate’s innovative smart water system in its student accommodation portfolio in London.

Having piloted it first, Greystar decided to deploy Watergate at scale across three buildings in Islington. This initial project uncovered hidden inefficiencies, prevented water damage, and is delivering measurable results.

Transforming sustainability goals into measurable impact

By integrating Watergate’s Sonic smart water system, Greystar achieved a range of impressive results that highlight the system’s effectiveness and value.

Financial savings

Identified direct annual savings of £111,523:

  • £87,977 from water bills*.

  • With a high insurance excess, Greystar has reduced their financial exposure by an estimated £23,546 per annum, with an additional potential premium reduction going forward*.

  • Additional energy savings from using less hot water are likely but, as yet, unquantified.

Carbon footprint reduction

Cutting water consumption by 2 million litres per month will avoid 26 tonnes of CO2e annually*.

Water efficiency savings

Identified 2,042,173 litres per month of potential water reduction savings*. Within just one month of identifying inefficiencies, Greystar implemented targeted repairs that have already saved nearly 1 million litres of water per month.

Operational efficiency

Proactive maintenance reduced disruptions and enhanced resident satisfaction.

How smart water management future-proofs Greystar’s portfolio

Greystar’s adoption of smart water management technology is more than an immediate cost-saving measure—it’s a long-term investment in resilience, efficiency, and sustainability.

By prioritising smart water management, Greystar cements its position as a forward-thinking real estate leader. Watergate is now a key component of its smart building strategy, equipping it to navigate challenges like water scarcity and rising operational costs.

With successful implementations across its first three buildings, Greystar is now well positioned to unlock multi-million-pound savings across its wider portfolio.

Enhanced property value

Lower operational costs boost profitability, directly increasing asset valuation. With Watergate’s technology, annual savings multiply an asset’s ROI at the time of sale.

Asset protection

Real-time monitoring and predictive maintenance reduce the risk of costly leaks and operational disruptions, safeguarding both buildings and bottom lines.

Optimised facility management

As the industry shifts toward centralised facility management, Watergate enables Greystar to cut costs by reducing reliance on on-site teams while maintaining high operational efficiency.

Strengthened sustainability credentials

Proven reductions in water use and CO₂e emissions enhance Greystar’s sustainability performance, supporting higher BREEAM ratings and reinforcing its environmental leadership. Research shows that BREEAM-certified buildings can achieve over 20% higher sale prices and rents than non-certified properties.*

Take the next step!

If Greystar’s experience inspires you, imagine what Watergate could achieve for your properties. Download full case study and get in touch with us today!