Aroundtown Partners with Climate X to Drive Data-Driven Climate Resilience Across European Real Estate

Aroundtown, one of Europe’s largest real estate firms, has partnered with climate intelligence platform Climate X to integrate data-driven physical risk analysis into its investment strategy. This collaboration signals a shift for fintech and proptech professionals as climate-related vulnerabilities move from secondary reporting requirements to core drivers of asset valuation and long-term portfolio resilience.

What was announced

The collaboration centers on the deployment of Climate X’s intelligence platform to evaluate physical climate risks across Aroundtown’s extensive property holdings. Unlike generic climate modeling, the start-up is adapting its specific methodologies to match the unique characteristics of Aroundtown’s portfolio, which includes a mix of hotel, office, and residential assets. This granular approach allows for detailed assessments at the individual asset level, providing a clearer picture of how specific locations might be impacted by environmental shifts.

The platform utilizes scenario analyses based on Shared Socioeconomic Pathways (SSPs). These pathways allow Aroundtown to model various emissions and climate scenarios, identifying which assets are most vulnerable under different future conditions. By prioritizing these risks early, the firm can integrate climate data directly into its strategic investment and sustainability workflows. The resulting insights are intended to provide critical input for both strategic investment decisions and broader sustainability goals.

A notable technical milestone in this partnership is the development of a bespoke Climate X report designed for use within the BREEAM certification process. This marks the first time Climate X has tailored its intelligence for this specific certification, demonstrating how climate data can support existing regulatory and sustainability reporting requirements. The scope of the analysis covers Aroundtown’s existing property investments in Germany and across broader Europe, while also serving as a tool for assessing potential new property acquisitions.

"Working with Aroundtown marks a fundamental shift in how asset managers assess the impacts of climate change: no longer as a standalone analysis, but as an integral part of strategic real estate and investment decision-making. Developing a bespoke Climate X report for use as part of a BREEAM certification process was a first for us. The report demonstrates how tailored climate intelligence can be applied in a real estate context – both to support existing reporting requirements and to assess potential new property investments in Germany and across Europe,"

Lukky Ahmed, CEO and Co-founder of Climate X.

The companies involved

Aroundtown stands as one of the largest real estate entities in Europe. The company maintains a highly diversified portfolio, with significant holdings in the hotel sector alongside a robust presence in office and residential real estate markets. Its operations are characterized by a focus on income-generating properties with value-add potential, primarily located in central locations across top-tier cities in Germany and the Netherlands. As a major player in the European property market, the firm’s adoption of advanced climate modeling reflects a broader institutional move toward sophisticated risk management.

Climate X is an intelligence platform that specializes in the quantification of physical climate risks. The company develops data-driven solutions designed to help organizations understand how climate change might impact their physical locations, specific assets, and broader business operations. By translating complex climate science into actionable financial insights, Climate X has positioned itself as a bridge between environmental data and institutional investment strategy. The firm’s technology is designed to serve a variety of sectors, including banking, insurance, and real estate, where asset-level risk assessment is becoming increasingly vital for regulatory compliance and capital preservation.

What FF News has reported before

FF News has followed Climate X’s expansion into various global markets and risk categories. In September 2025, the publication covered the company’s move into the Middle Eastern banking sector through a partnership with 4most. That collaboration, detailed in Climate X Partners With 4most to Advance Climate Risk Management for Middle Eastern Banking Sector, was aimed at advancing climate risk management for financial institutions in the region.

Furthermore, FF News reported on a significant technical expansion in July 2026, when Climate X Launches Global Wildfire Model to Quantify Asset-Level Risk for Financial Institutions. This launch provided financial entities with the tools to quantify specific wildfire threats at the asset level, complementing the firm’s existing suite of flood and storm surge models. These previous developments underscore the company’s trajectory toward providing a comprehensive, multi-hazard view of climate risk for global asset managers.

What this means

This partnership signals that climate risk data is moving out of the "sustainability report" silo and into the core underwriting and valuation process. For the real estate and fintech sectors, the integration of bespoke climate intelligence into BREEAM certifications sets a new benchmark for due diligence. Competitors still relying on high-level, regional climate projections may find themselves under pressure as investors demand the asset-level granularity demonstrated here. The move raises a critical question for the industry: as climate data becomes more precise, how will it impact the liquidity of assets deemed "high risk" by these sophisticated models? This shift could fundamentally redefine property valuations across Europe.