Rising interest rates and cost of living, wage pressure and unaffordable housing are creating a perfect storm in the property market.  Proptech Association Australia founder and president Kylie Davis said the big question for the proptech industry was, would the economic impact create more business or less? “There are two trains of thought happening currently – that in a downturn, real estate and property businesses need to embrace the efficiency and innovation offered by pro

Proptech Association Australia’s inaugural Proptech Forum, Disrupting the Disrupters, explored the technology that is happening adjacent to the sector and the market forces happening around it. The day was wrapped up by New South Wales Property Services Commissioner John Minns who said the Forum had raised a number of items that he was particularly excited about. “As a passionate property person for quite a number of years, and committed to the innovation and transformation o

The Real Estate Institute of Queensland has partnered with the REACH program in a landmark, Australian-industry-first agreement announced this week. The announcement strengthens the REIQ’s long-standing relationship with REACH to support the ground-breaking growth accelerator for proptech start-ups. REIQ CEO Antonia Mercorella said the industry organisation was driven to empower real estate professionals to become increasingly efficient and effective through streamlined techn

At a gala dinner in Sydney on Wednesday evening, Proptech Association Australia announced the winners of the second annual Proptech Awards.  Over 300 people joined the sold-out event at Dockside Cockle Bay to congratulate the winners of 19 category trophies, 3 best of the best awards, 3 special prizes, and the Proptech Leader of the Year accolade.  Additionally, 50 people watched the event live via video connection.   “We are ecstatic to be celebrating with so many people thi

Facilio – a new member of Proptech Association Australia – has won the 2021 Best Practices Product Leadership award presented by global technology research firm Frost & Sullivan. The software company’s strong business growth in the past 18 months, together with its innovation in the property operations space, were critical factors in the win. Software capable of managing multiple buildings while covering essential processes and automated systems was a “huge differentiator” fr

Can you tell us a little about your career background and current role? Well, I’m old so won’t bore you with all the details – but started with a great 10yrs in the military and then into Telco/IT which allowed me to live/work in the Middle East, Asia and Europe. Back to Oz as the kids got older and through good luck I managed to bump into Michael Malone and iiNet – I was there until we sold the business in 2015 to TPG. That’s when I joined Rent.com.au , so a little over 5yrs

A new national research report released today by MRI Software reveals 60 percent of property managers in Australia rate dealing with aggressive and abusive landlords and tenants as the biggest challenge of their job. A disturbing 53 percent struggle with mental health, and almost 1 in 4 (23 percent) intend to leave the industry – twice the number recorded in 2018 when the first Voice of the Property Manager research was conducted well before COVID struck. The MRI Voice of the

Australian proptech company PropHero has closed a seed round of $1.6 million to accelerate growth of its next gen property investment platform that delivers superior results. PropHero is transforming the way Australians invest in property by combining tech smarts from data and AI with human expertise to make property investing simple, transparent, time-efficient and more profitable. The service is delivered via a digital platform that provides a full end-to-end solution. Sinc

Queensland’s Place Estate Agents has chosen to partner with Australian real estate PropTech innovator,  Propic , to use its impressive Artificial Intelligence (AI) technology to respond any time of day or night to booming sales and rental inquiries in Australia’s hottest property market, Brisbane. Starting in March, Place will activate Propic’s Enliven   natural language AI experience for visitors to its website, as well as handling all sales and rental enquiries received vi

Facilio, a property operations platform for real estate portfolios, today announced that Investa, one of Australia’s largest commercial office real estate companies, has selected its applications to digitize portfolio operations. Requiring a flexible and scalable platform to power its expansion and provide a seamless tenant and contractor experience—Investa looked to Facilio for its ability to deliver a modern, unified model of portfolio operations and maintenance (O&M) manag

Bricks and Agent, a scale up that developed an innovative and market leading property maintenance platform has executed a three year agreement with global property services firm JLL to partner with Bricks and Agent across its vast portfolio of managed assets in office, residential, retail and residential. Tenant property maintenance related services are traditionally disconnected and individual for all stakeholders in the maintenance process, so connecting all of the stakehol

Former McGrath Head of MarTech, Ryan Campbell joins Australian real estate Artificial Intelligence leader, Propic as Head of Innovation – see official release below. The strategic appointment is a clear indicator of fast-growing market demand for technology-driven innovation in real estate, says Propic CEO, Jeffery Gray – who adds the following comments to the press release: “Any real estate agency in Australia not exploring proptech right now is simply not serving the needs

Second Century Ventures, the strategic venture arm of the National Association of Realtors® and the most active global real estate technology fund, has appointed Peter Schravemade as managing partner of REACH Australia. With over 20 years of experience in the Australian real estate industry, Schravemade rose to prominence on the international property scene as the global director of sales, marketing, and revenue for BoxBrownie.com, an Australian property marketing firm and 20

Downsizer, an Australian proptech venture developing innovative solutions for the property downsizing market, today announced that it is now part of R3’s Venture Development Program, the start-up growth and business development program of the enterprise technology and services firm, R3. The potential of the downsizing market is large and growing. Demographic research conducted by Downsizer.com for its “Downsizer Download” report indicates the potential pool of Australian down

Aussie scale-up Market Buy has announced a prominent new appointment in a bid to grow market share in the North American property industry. Following its years of success on Australian soil, Market Buy has now headhunted Will Farmer from Realtor.com. One of the most recognisable faces across vendor halls in the USA, Will has attended almost every conference in some capacity during his 15-year tenure at Realtor.com. “I’m excited to be with a fresh face in the industry, serving

Australian proptech startup Propti is gathering pace, helping hundreds of clients secure property reports in its first year of operation. Propti has created a user platform that streamlines the process of ordering property inspection reports and valuations. Up until now, real estate agents, solicitors, mortgage brokers, accountants, buyers and homeowners who wanted a property report had to find and engage their own professionals. But after more than a year of establishing rel

Online conveyancing platform Settle Easy has launched real time notifications on milestone events during the property transaction process. Available to real estate agents and mortgage brokers via email or text, the automated notifications include messages such as when a contract becomes unconditional, that a settlement date has been scheduled and when the settlement process has been completed. Settle Easy CEO Sam Almaliki said notifications would reference the property addres

Australian proptech scaleup :Different has launched an all-in-one property management solution covering every aspect of managing a rent roll. Designed to help office owners grow their roll, :Different for Agencies is currently being piloted with five agency partners in New South Wales, Victoria and Queensland. :Different co-founder Mina Radhakrishnan said Agencies was about being able to own a rent roll without having to deal with the hassle of managing it. “Our goal since in

Real estate and construction software company PlanRadar has identified three emerging trends in the building facility management sector. The global proptech, which now also operates in Australia, says new technology has been a key driver of change. As the world becomes more connected and data-hungry, facility managers are facing new challenges including the need for improved efficiency, the rise in cloud computing and a demand to handle large volumes of data. To meet these de

PropHero, winner of “Proptech Startup of the Year” at the 2022 Proptech Awards, has closed an $8 million seed round to continue growth in Australia and Spain and fund international expansion into two new countries. PropHero is transforming the way Australian and European property investors find, buy and manage their investment properties. By combining data-driven and AI-led insights with personalised digital experiences supported by human expertise, PropHero is disrupting th