Business Wire

Netmore Group and Stena Fastigheter Collaborate to Connect 27,000 Apartments with LoRaWAN Technology

Share

Netmore Group, a leading global LoRaWAN network operator, has entered into a agreement with Stena Fastigheter, a Swedish real estate company to implement LoRaWAN technology across Stena’s property portfolio. This initiative aims to enhance energy efficiency and digital capabilities of Stena's real estate operations.

Project scope and implementation

The project involves providing Netmore’s LoRaWAN connectivity to apartments across Stockholm, Malmö, and Gothenburg. The implementation includes the installation of a large number of LoRaWAN gateways to support Stena’s rollout of submetering (IMD) and temperature/humidity sensors, including up to approximately 42,900 meters and sensors.

Initial focus on energy optimization and enhanced quality of living

A key aspect of the partnership is the use of technology for energy optimization. The primary applications include sub-metering enabled by the deployment of water meters, along with temperature and humidity sensors, which are expected to contribute to more efficient energy management in Stena's properties. Additionally, this technological integration is anticipated to enhance the quality of living for residents, offering a more comfortable and sustainable living environment.

Eric Collinder, Country Manager Nordics at Netmore Group, stated, "We are now entering a phase where LoRaWAN becomes the natural choice of access technology for property owners. We are particularly proud to have Stena Fastigheter, a leading property company in the Nordics, as our customer. They are a prime example of this, opting to equip their portfolio with Netmore LoRaWAN. Providing connectivity for solutions of this scale aligns well with our strategic goals and reflects our established expertise in the property sector.”

Peter Mikulic, Head of Digital Transformation at Stena Fastigheter, expressed, "By equipping our properties with meters and sensors, we can constantly align with the consumption patterns of the buildings and the needs of our tenants, while ensuring that any excess consumption is minimized. After a thorough evaluation of various access technologies and connectivity providers, we chose Netmore LoRaWAN. With Netmore’s connectivity, we can continue to maintain the high level of innovation and environmental consideration that our tenants have come to associate with us.”

Potential for future technological integration

While the initial focus is on energy optimization, the partnership and LoRaWAN technology also allows for the exploration and deployment of additional technological applications in real estate management in the future, demonstrating the versatility of Netmore's LoRaWAN solutions.

Potential applications include:

  • Water Leak Detection: Sensors to identify and alert about water leaks, preventing damage and conserving water.
  • HVAC System Monitoring: Advanced monitoring and control of heating, ventilation, and air conditioning systems for optimal energy use and resident comfort.
  • Waste Management Optimization: Intelligent waste collection solutions to optimize resource use and reduce environmental impact.
  • Smoke Detection: Deployment of smoke detectors for enhanced safety and rapid response in case of fire.
  • Radon Measurement: Utilization of radon measuring devices to monitor and ensure healthy indoor air quality.

Effortlessly connect your property portfolio to Netmore LoRaWAN

Netmore, in collaboration with property owners and application developers, has developed a streamlined, reliable, and cost-effective LoRaWAN offering that enables scalable deployment of sensor networks in both individual properties and extensive property portfolios throughout Europe. Property owners gain several advantages with Netmore LoRaWAN:

  • Efficient and Rapid Deployment of Large-Scale Sensor Projects: Property owners can quickly and easily set up expansive sensor networks.
  • Professionally Monitored Dedicated Network: As the operator, Netmore provides property owners with their own network, which is professionally monitored and maintained.
  • Open and Future-Proof Network: The network allows for a wide range of valuable and useful digitalization applications, ensuring longevity and adaptability for future needs.
  • Access to Netmore Market: Property owners can access a comprehensive range of turnkey digitalization solutions specifically designed for real estate through the Netmore Market.
  • Comprehensive Coverage within Properties: With Netmore LoRaWAN, property owners can reach all measurement points, regardless of their location within the property.
  • Extended Sensor Battery Life: LoRaWAN technology enables up to 15 years of battery life per sensor, significantly reducing maintenance and replacement needs.

For more information about Netmore’s solutions for smarter and more resource efficient properties and buildings, visit: LoRaWAN for Properties.

About Stena

Stena Fastigheter is one of Sweden's largest private real estate companies with more than 27,000 apartments and around 2,500 commercial objects in the metropolitan areas in Sweden. Internationally the operations are conducted by Stena Real Estate. Sustainability is high on the agenda and through the relationship management approach, we develop our neighbourhoods together with the residents and other stakeholders to create attractive areas where people thrive and stay for a long time.

About Netmore Group

Netmore Group is an IoT network operator, building the leading multinational network to advance sustainable business practices. We offer a reliable network platform and leading connectivity expertise for efficient measuring, monitoring, and optimisation of resource use. With 10 years in the industry, we have a solid track record, operating borderless on the European market and have grown to become a leading global network operator. Netmore group’s main owner is the Nordic infrastructure investor Polar Structure.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240616361213/en/

Contacts

Media Contact:
James Gerber
Crackle Communications
+1 508-233-3391
netmore@cracklepr.com

Netmore Contact:
Ken Lynch
VP, Global Marketing
+1 617-877-5393
ken.lynch@netmoregroup.com

Stena Fastigheter Contact:
Peter Mikulic, Head of Digital Transformation, Stena Fastigheter
Phone: + +46101675037
E-mail: peter.mikulic@stena.com
LinkedIn: https://www.linkedin.com/in/petermikulic/ -
https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.c
om%2Fin%2Fpetermikulic%2F&esheet=54062369&newsitemid=20240616361213&lan=en-US&an
chor=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fpetermikulic%2F&index=3&md5=6a8a28861
051c3c4a884f07d9ff821fd

(c) 2024 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Fujirebio Receives Marketing Clearance for Lumipulse ® G pTau 217/ β-Amyloid 1-42 Plasma Ratio In-vitro Diagnostic Test as an Aid to Identify Patients With Amyloid Pathology Associated With Alzheimer’s Disease17.5.2025 08:58:00 CEST | Press Release

Fujirebio today announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for the company’s Lumipulse® G pTau 217/β-Amyloid 1-42 Plasma Ratio in-vitro diagnostic (IVD) test for the assessment of amyloid pathology in patients being evaluated for Alzheimer’s disease and other causes of cognitive decline. The test, which was granted Breakthrough Device Designation by the FDA, is the first FDA cleared blood-based IVD test in the U.S. to aid to identify patients with amyloid pathology associated with Alzheimer’s Disease (AD). Alzheimer’s disease currently affects an estimated 7.2 million Americans, a number projected to rise to nearly 14 million by 2060.1 It is a leading cause of disability and death. AD develops over many years, long before symptoms are evident, but the lack of accessible, minimally invasive diagnostics results in many patients remaining undiagnosed until the disease is well advanced, when few effective interventions remain. The Lumipulse G pT

IFF Announces Pricing of Tender Offers For Certain Outstanding Series of Notes16.5.2025 23:17:00 CEST | Press Release

IFF (NYSE: IFF) announced today the Total Consideration (as defined below) payable in connection with its previously announced tender offers to purchase for cash: (i) up to $1,100,000,000 aggregate purchase price, excluding accrued and unpaid interest (the “Amended Pool 1 Maximum Amount”), of its 1.230% Senior Notes due 2025 (the “2025 Notes”), 1.832% Senior Notes due 2027 (the “2027 Notes”), 4.450% Senior Notes due 2028 (the “2028 Notes”) and 2.300% Senior Notes due 2030 (the “2030 Notes” and collectively with the 2025 Notes, the 2027 Notes and the 2028 Notes, the “Pool 1 Notes”) and (ii) up to $900,000,000 aggregate purchase price, excluding accrued and unpaid interest (the “Amended Pool 2 Maximum Amount” and, together with the Amended Pool 1 Maximum Amount, the “Amended Maximum Amounts”), of its 3.268% Senior Notes due 2040 (the “2040 Notes”), 4.375% Senior Notes due 2047 (the “2047 Notes”), 5.000% Senior Notes due 2048 (the “2048 Notes”) and 3.468% Senior Notes due 2050 (the “2050

Origins Launches in the U.S. Amazon Premium Beauty Store16.5.2025 15:00:00 CEST | Press Release

Origins, with over 30 years of expertise in combining naturally-derived and scientifically crafted ingredients for powerful skincare, announced its official debut in the U.S. Amazon Premium Beauty store today. Origins will offer its iconic skincare and body care products along with giftable sets that are perfect for any occasion. Origins will now bring naturally-derived, effective beauty to Amazon customers nationwide with convenience and thoughtful gifting in mind. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250516435958/en/ This launch marks a strategic step in Origins’ ongoing efforts to meet the evolving needs of skincare shoppers, seeking high-performance, conscious beauty on their favorite platforms. By expanding to the U.S. Amazon Premium Beauty store, Origins reinforces its commitment to delivering both efficacy and accessibility to even more consumers. Amazon customers will now be able to discover and purchase Or

The smarter E Europe 2025: Studies, Technologies and Market Trends for the Energy System of Tomorrow16.5.2025 12:47:00 CEST | Press Release

Exactly one week has passed since The smarter E Europe closed its doors in Munich. Once again, Europe’s largest alliance of exhibitions for the energy industry turned the Bavarian capital into the epicenter of the global energy sector and impressed with outstanding results. Over the course of three days, 2,737 exhibitors from 57 countries showcased their technologies, business models and market-ready solutions for an intelligent, interconnected and fully renewable energy system. Around 107,000 professionals from 157 nations took the opportunity to connect, initiate partnerships and launch new projects. The accompanying conferences and side events also attracted strong interest, drawing more than 2,600 participants. The message sent out by The smarter E Europe and its four exhibitions – Intersolar Europe, ees Europe, Power2Drive Europe and EM-Power Europe – was clear: We are the energy system. This press release features multimedia. View the full release here: https://www.businesswire.c

IFF Announces Early Tender Results and Increase of Tender Offers for Certain Outstanding Series of Notes16.5.2025 12:30:00 CEST | Press Release

IFF (NYSE: IFF) announced today the early tender results for its tender offers to purchase for cash certain of its outstanding series of Notes. IFF also announced it has increased the previously announced Pool 1 Maximum Amount (as defined below) from $1,000,000,000 to $1,100,000,000 (the “Amended Pool 1 Maximum Amount”), the Pool 2 Maximum Amount (as defined below) from $800,000,000 to $900,000,000 (the “Amended Pool 2 Maximum Amount”, and together with the Amended Pool 1 Maximum Amount, the “Amended Maximum Amounts”), the 2027 Series Tender Cap (as defined below) from $300,000,000 to $400,000,000 and the 2050 Series Tender Cap (as defined below) from $600,000,000 to $649,114,000. The 2025 Notes Series Tender Cap and the 2040 Notes Series Tender Cap (each as defined below) remain unchanged at $500,000,000 and $450,000,000, respectively. Details of tender offers IFF initially offered to purchase for cash: (i) up to $1,000,000,000 aggregate purchase price, excluding accrued and unpaid in

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye