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PropCode launches new AI-powered planning reports
Planning and development proptech startup PropCode has launched a groundbreaking new report designed to revolutionise development assessments (DA). The innovative solution leverages artificial intelligence to analyse thousands of pages of local and state planning documents, delivering critical development rules in a helpful report format in mere seconds. The new reports replace work that has previously cost tens of thousands of dollars and taken weeks to complete with a solut
REA group invests in IMMERSIV
REA Group has announced a minority investment in digital twin proptech IMMERSIV. IMMERSIV creates real-time 3D representations of new homes, apartments, land estates, and commercial properties, offering buyers an immersive and accurate view of their potential purchase. This technology empowers REA’s developers and commercial customers with a powerful sales tool, revolutionising how they market and sell properties. With a third of buyers purchasing off-the-plan, IMMERSIV provi
Proptech Association Submission to Senate on Housing Affordability & Supply
29 September 2024 Committee Secretary Standing Committee of Economics Via email: economics.sen@aph.gov.au Dear Chair Financial Regulatory Framework and Home Ownership The Proptech Association of Australia (Proptech Australia) is the nationally and globally recognised peak member organisation for the property technology sector in Australia. We represent the fast-growing property technology sector which is estimated at approximately 480 locally active businesses that are d
Proptech Association responds to proposed NSW Government changes to Rental Act
The Proptech Association Australia made the following submission in response to the NSW Draft Residential Tenancies Amendment Bill 2024. To access a copy of the Public Consultation Draft, click here Trina Jones Rental Services Commissioner 23 September 2024 Comments on Public Consultation Draft of Residential Tenancies Amendment Bill 2024 From: Proptech Association of Australia RE: S1[3] – Section 23 Limits on amounts payable by tenant before agreement Proposed wordin
PROPTECH PANEL: The Valuation Tech Revolution: Data driven innovation Disrupting Real Estate
PROPTECH PANEL: The Valuation Tech Revolution: Data driven innovation disrupting real estate In our recent panel, our panelists shared their expertise on the latest advancements in proptech and discussed their implications for investors, valuers, and the broader real estate industry. Our panellists include: Carolyn Trickett , Growth Principal at JLL Spark Global Ventures and board member at the Proptech Association of Australia Mark Wallis , Senior Product Manager at PropTr
i4T Global Shares Blueprint for the Future
By Sachi Wickramage “Do I believe AI will replace service agents like property and asset maintenance managers? Not at all. However, I am convinced those who embrace AI will outshine those who don’t. Just months into my role as i4T Global’s CEO, I’ve already witnessed a transformative shift in the PropTech and Field Service Management (FSM) sectors unfold at lightning speed. The property management sector stands at a pivotal crossroads: One path leads to AI-driven operationa
Proptech Awards raise $5610 for charity
Proptech Awards raise $5610 for charity The proptech community raised more than $5600 to fight homelessness with a silent auction run as part of the recent Proptech Awards 2024. Ferocious online bidding took place on the MarketBuy platform across the evening from thto purchase an exclusive wine experience package in the McLaren Vale from Smidge Wines and, separately, an environmental offer to save a corner of tropical rain forest from new proptech startup Square By Square.
Data Army’s Proptech Cloud Offers Australia Post Movers Dataset
Data Army’s Proptech Cloud Offers Australia Post Movers Dataset Data Army sub-brand, The Proptech Cloud, now offers the Australia Post Movers Statistics Dataset to enable analysis and visualisation of national migration patterns. The statistics will support better decision-making for businesses and government departments that work with property and real estate information. The dataset is significant for developers and investors in real estate, as well as supporting government
Proptech Awards 2024 WINNERS
Proptech Association Australia has announced the winners of its coveted 2024 Proptech of the Year awards at the Fullerton Hotel, Sydney, tonight. More than 125 proptech companies representing the depth and spread of solutions across 13 functional categories entered the awards, making it the biggest event in its four-year history. These included awards for AI solutions, affordable housing, construction, off-the-plan, energy efficiency, and asset management, as well as the trad
NSW Industry Reference Group on Protecting Renters’ Information
The Proptech Association Australia made the following submission to the NSW Rental Services Commissioner on behalf of members. Australian proptech ecosystem made up of 480 proptechs and products. Of these roughly 10% are in the property management space The overwhelming majority of PM proptech is less than 10 years old The majority are also focused on helping property managers to administrate, manage, account for, maintain and inspect property by replacing manual processes.
Proptech Awards 2024 Finalists Announced: Celebrating Innovation in Australia’s Property Technology Sector
Proptech Awards 2024 Finalists Announced: Celebrating Innovation in Australia’s Property Technology Sector SYDNEY (June 20, 2024) – Proptech Association Australia is thrilled to announce the finalists for the prestigious Proptech Awards 2024. These awards celebrate the outstanding achievements and groundbreaking innovations of companies and individuals shaping the future of property technology (Proptech) in Australia. The Proptech Awards 2024 have garnered an impressive num
PROPTECH PANEL: Property Investing Proptech
Navigating the Future of Property Investing with Proptech Innovations In our recent Proptech Panel, we delved into how technology is revolutionising the property investment landscape, led by Kylie Davis , president of the Proptech Association . Our panelists include Alex Fedoseev from HtAG , Ajay Ayyar from PropertyDirector.com.au , and Richie Ragel from Milk Chocolate® Property The session illuminated how data and tech innovations are shaping smarter investment strategies.
TeamLink becomes Gold Sponsor of 2024 Proptech Awards
TEAMLINK takes pride in its role as the Gold Sponsor of the 2024 Proptech Awards, showcasing its unwavering dedication to innovation within the real estate sector.Having clinched the Data Accelerator category award in 2022, TEAMLINK stands at the forefront of revolutionizing the Australian real estate landscape with its cutting-edge sales management solutions. By seamlessly connecting developers, agents, and buyers, TEAMLINK simplifies the sales journey while centralizing con
The Big Problems that Need Solving
What are the big problems emerging across both commercial and residential real estate that urgently need solving, what are their challenges and where are the opportunities? Our expert panel discusses the intersections of affordability, supply, energy efficiency and infrastructure. Carolyn Trickett Thanks. I think I'm not very well known in this forum. For anyone who hasn't met me before, I'm Carolyn Trickett from JLL Spark. That's the venture capital arm of JLL. I've been in
Complexity the culprit in slowing smart building revolution, says survey
Half of prospective buyers of intelligent building technologies are hesitating to make a move because of adoption and integration complexities, according to new research conducted by Facilio, a leader in the sector. Facilities managers find it increasingly difficult to integrate modern solutions with legacy systems, the survey says. One-third (33%) of respondents say today’s fragmented technology landscape adds to the complexity of initiating smart building projects. Facilio’
New i4T Global CEO pledges to pioneer next-generation innovations
i4T Global, a leader in the proptech and field service management (FSM) sectors, has appointed Sachi Wickramage as Chief Executive Officer. Mr Wickramage’s career includes the delivery of more 50 large-scale Cloud SaaS projects for global companies and the implementation of more than 100 mobile app ventures. He said i4T Global will further expand its operations in the Australian market, focusing on residential and commercial property maintenance management. The company is
Association launches VC initiative for members
A Venture Capital (VC) committee has been established by Proptech Association Australia to help member companies unlock their investment potential and better understand the institutional investment landscape. The initial focus will be to provide information resources on VC funding, highlighting the different types of funding available and the varied priorities of individual VC companies. Committee chairman, former New Yorker now based in Sydney since 2022, Ari Ginsburg, said
Acquisition of Dynamic Methods by REA Group not proceeding
www.scottehler.com Founder to lead the company into a new era of industry cooperation and technology development The prospective purchase of Dynamic Methods by realestate.com.au will not proceed. The founder and CEO of Dynamic Methods, David Howell, said his company would move forward without interruption or issue, continuing to deliver digital forms and contract services to Real Estate Institutes (REIs), agents and property managers across Australia. Mr Howell said Dynamic
Banks reverse-pitch to solve challenges
Members of the fintech community gathered in Sydney in February for Australia’s first banking reverse-pitch event. Hosted by Fintech Australia, in partnership with 1835i, ANZ, Westpac and Investment NSW, the initiative provided a platform for local and global companies to support the Australian banking and finance sector. ANZ and Westpac are seeking innovative businesses, including start-ups and scale-ups, to provide solutions to specific challenges they have identified. On
Real Flow reveals acceleration plans
Non-bank lender Real Flow has secured a $50 million financing warehouse from iPartners to accelerate its growth in Australia and New Zealand. CEO Justin Steer said it had been a busy six months for the award-winning proptech which specialises in both vendor and real estate agent loans. Real Flow’s New Zealand brand, List Now, also received a strategic investment from Trade Me Property and the companies will jointly run an interest-free promotion to support the industry. In ot
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