Smart Cities World – Residential Buildings
The smart affordable housing company Planet Smart City has signed an exclusive agreement to acquire Politecna Europa, which specializes in architectural and technical design.
The acquisition will strengthen Planet Smart City’s skills center, providing expertise that integrates proptech and environmental, social and governance (ESG) principles into real estate development.
Politecna Europa, founded by Luca Massimo Giacosa and Pietro Putetto, specializes in project management activities and is at the forefront of architectural, structural and industrial design in the civil and infrastructure sectors.
The company is involved in activities in Italy, France, Switzerland and Oman, relying on a team of more than 100 engineers and architects. The specialist knowledge of both companies will be applied to create smart neighborhoods and homes by increasing their efficiency and maximizing the user experience for residents.
Planet Idea, the competence center of Planet Smart City, and Politecna Europa are already working on joint projects around the world. Planet Idea designs innovative solutions in areas such as technological systems, planning and architecture, social innovation and the environment.
These solutions are integrated into the real estate development projects that Planet Smart City carries out in Italy, India, Brazil and the United States, as well as advisory services to third-party real estate developers.
“Planet Smart City and Politecna Europa have the same vision of real estate development aimed at the joint application of proptech with the principles of ESG”
Planet Idea’s interdisciplinary team already includes architects, engineers and urban planners, as well as specialists in digital transformation and social innovation, all working together at the Competence Center in Turin.
After the full integration of the two companies, an entity will be created comprising 350 professionals. A 4,000 square meter building has been chosen as the headquarters in Turin and, from October, will become an international center for technological and ESG innovation in real estate.
“Planet Smart City and Politecna Europa have the same vision of real estate development aiming at the joint application of proptech with the principles of ESG”, said Giovanni Savio, CEO of Planet Smart City.