Magma Index

The Magma Index is a core element of the Magma platform, designed to measure the level of digitalization of a building based on the data integrated into its Digital Twin Token (DTT®). The index offers a structured approach to evaluating the completeness, accuracy, and depth of the information associated with a building, and serves as a benchmark for improving its operational performance and environmental sustainability.

Structure of the Magma Index

The Magma Index is divided into five levels, each corresponding to a different aspect of the building. These levels help categorize and prioritize the types of information uploaded to the DTT®.

• Level 0: Genesis

  • This foundational level focuses on the core existence of the building, including its existence, ownership, location, compliance, and financial performance. For instance, key documents here include the .......... forming the essential base for the DTT®.

• Level 1: Structure

  • At this level, the focus shifts to the structural elements of the building, including columns, beams, and foundations. These are critical to ensuring the stability and safety of the property. Documentation of structural integrity, materials used, and engineering specifications are integrated here.

• Level 2: Architecture

  • The second index level concentrates on the architectural components of the building, such as windows, partitions, and facades. This level encompasses more detailed design and aesthetic features, providing a clear representation of the building’s physical form.

• Level 3: Wired

  • This level captures the mechanical, electrical, and plumbing (MEP) systems as well as waste management and IT of the building, including HVAC systems, ventilation, lighting, and plumbing networks. These are vital for the building’s functionality and comfort.

• Level 4: Filled

  • The last level focuses on interior elements, such as furnishings, equipment, and décor. This includes any elements that contribute to the building’s usability and comfort but are not part of its structural or MEP systems. Items such as chairs, tables, cabinets, and other fixtures are in this category.

How it works

The value of the Magma Index is calculated based on the quality and quantity of information uploaded to the DTT®. The more comprehensive and validated the documentation, the higher the building scores on the index. Magma has developed a detailed data matrix that assigns value to different types of documents based on their importance and accuracy.

Enhancing ESG and sustainability

The Magma Index is not just about documenting a building’s physical and operational operations; it plays a crucial role in improving Environmental, Social, and Governance (ESG) performance.

By integrating real-time IoT data with the DTT®, the Magma Index allows property owners and managers to actively track and manage sustainability metrics such as energy consumption, water usage, and emissions. This information is essential for:

• Optimizing resource use: Continuous monitoring helps reduce waste and improve energy efficiency, leading to a smaller carbon footprint.

• Compliance with regulations: High scores on the Magma Index reflect a building’s adherence to environmental regulations and sustainability standards, making it easier to comply with laws and certification processes.

• Enhancing tenant well-being: Real-time data helps maintain optimal conditions for occupants, such as air quality and lighting, directly improving comfort and health.

Buildings with high Magma Index scores are better positioned to meet and exceed sustainability goals, attracting eco-conscious investors and tenants.

Future impact of the Magma Index

The Magma Index has the potential to become a universal standard for assessing the digital maturity and sustainability of real estate assets. By providing a clear, quantifiable measure of how well-documented and digitally managed a building is, the index can influence:

• Property valuations: A higher Magma Index score can lead to increased property value, as it reflects better-managed, more efficient buildings.

• Investment decisions: Investors can use the Magma Index to assess the risk and potential returns of a real estate asset based on its operational efficiency and sustainability.

• Market trends: As digitalization and sustainability become more important in real estate, the Magma Index can serve as a benchmark for identifying leading properties and setting market trends.

By combining the power of digital documentation, IoT integration, and data analytics, the Magma Index offers a clear pathway for optimizing building management and improving sustainability. It not only streamlines operations and documentation but also creates value by fostering more transparent, efficient, and eco-conscious/responsible real estate assets.