Property Technology (PropTech) stories
Lockdown has not cooled demand, with New Zealand house prices hitting another record as spring listings are delayed and buyers stay active.
Online property traffic is staying strong during New Zealand's Level 4 lockdown, as buyers browse listings and sellers turn to virtual appraisals.
Construction firms are cutting call-outs and speeding up onboarding as wearable, cloud-based mentoring puts expert guidance on site in real time.
Poor data and slow adoption are leaving construction late, over budget and responsible for a growing share of emissions.
Digital twin tools could help cut costly delays and emissions, as 90% of infrastructure projects are still late or over budget.
By automating quotes, the platform cuts wasted site visits for tilers and could expand to other tradies as it scales.
By automating quotes online, the platform cuts wasted site visits for tradespeople and is now targeting 150 tiling businesses.
Older buildings could lock in high emissions unless retrofits and digital twins cut energy demand before 2050.
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.
