Property Market stories

New Zealand faces a squeeze in ultra-luxury homes as visa rule changes unleash overseas demand for properties above NZD $5 million.

As remote work becomes routine, property investors are shifting from local hands-on control to tech-enabled remote ownership and scale.

Trade Me Property debuts a ChatGPT app that lets New Zealand home hunters search live listings via conversational prompts and an interactive map.

CapitaLand Ascendas REIT posts higher income and an 8.6% rise in portfolio value to SGD $18.2 billion, despite lower payout per unit.

Azzet names governance veteran Henry Stoever to its board as it accelerates the global rollout of its premium asset marketplace.

Harvey Norman Limited's New Zealand branch reported a sharp lift in profit, driven by higher domestic property valuations and modest revenue growth.

New Zealand startup Housies lets Kiwis invest in property from just NZD $100, offering a new path to homeownership with shared equity options.

New Zealand faces a shortage of luxury rental homes, losing thousands weekly as high-net-worth visitors struggle to find premium stays, harming the economy.

FortHill Fund launches a NZD $50 million raise to expand its industrial property portfolio across Auckland, Christchurch, and Otago amid rising demand.

JLL has launched the AI-powered Property Assistant to enhance property performance and boost financial returns across retail, industrial and office sectors.

Fit out costs are on the rise across APAC, with Tokyo maintaining its position as the priciest city at USD $195 per square foot, according to Cushman & Wakefield.

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

The proptech company Bricks and Agent almost tripled in size (185% of revenue growth) last year and now has more than 1,300,000 users in ANZ and the UK.

New app Yelsa, dubbed the Tinder of real estate, connects sellers with buyers in New Zealand, potentially saving thousands in fees and marketing costs.

Proptech startup Jasper has raised $2.3 million in a funding round led by pan-European investment and asset management firm M7 Real Estate.

MRI Software acquires Rockend to bolster its reach in the property management sector across Australia and New Zealand, serving 6,000 clients.

Napier software firm Re-Leased has triumphed at the ExportNZ Hawke's Bay ASB Exporter of the Year Award, lauded for its innovative, scalable tech solutions.

A Kiwi entrepreneur has developed a flatmate-finding service called Mogeo, which is an algorithm that matches people to the perfect flatmates.

The University of Auckland's Business School is now using virtual reality (VR) to teach students about construction and leaky homes.

Property tech firm Re-Leased has raised $2.3 million from New Zealand and UK investors in its first external capital round.