Property Technology (PropTech) stories
A digital product database could trim consenting costs and lift New Zealand builders' productivity, with gains to GDP estimated at up to NZD $220 million.
Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.
Lockdown failed to cool Auckland’s housing market, as August sales hit a five-year high and prices reached fresh records.
Quality controls and flexible production have helped a South Island dairy plant hit world-class hygiene results and win export approvals.
Private technology firms are poised to dominate infrastructure, as automation and data reshape jobs, services and investment across the sector.
Developers can now assess sites in minutes, as new data tools cut weeks from feasibility work and simplify approvals.
Mass timber is opening up faster, cheaper projects across Australia, with new code changes and local supply widening its use beyond niche builds.
Urban developers face rising pressure to add renewable power, fibre and automation as tenants demand cheaper, smarter services.
Sensors, drones and automation are reshaping building upkeep, with smarter systems promising lower costs and better occupant comfort.
Evidence from a New Zealand office trial could help landlords justify spending on healthier workspaces, with plants only part of the picture.
Jobseekers could cut training time from days to minutes as a new virtual reality tool is piloted to fill construction skills gaps in New Zealand.
The real gains will come from analytics and workflow software, not from simply adding more connected sensors to buildings.
Clients on mega-projects could see fewer overruns as an alliance deploys AI to flag risks earlier and improve decision-making.
Auckland vendors are offering a $1.2 million home for Bitcoin, in a potential first cryptocurrency property deal for New Zealand.
Economic growth and measured construction are keeping real estate markets in good shape, even as Brexit and trade uncertainty cloud the outlook.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
Hangzhou’s proposed towers could ease water and energy pressures if approved, as the mixed-use scheme remains under review.
New rules are set to steer developers towards better connectivity, data use and planning across greenfield sites, precincts and campuses.
Councils could soon use digital planning tools to cut delays and paper work, while blockchain may also reshape property settlements and rentals.
More than 2,680 delegates attended the Auckland event, as new energy management and smart-building displays drew strong interest from tradespeople.