Breaking Property News – 12/02/24

February 12, 2024

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

REACH Australia and New Zealand unveils 2024 Scale-up program with 9 dynamic companies

Sunshine Coast, Queensland, Australia (January 2024) – Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, is delighted to announce the inclusion of nine innovative companies into the highly anticipated 2024 REACH Australia and New Zealand program.

Launched in 2019, the REACH Australia and New Zealand program is now entering its fifth cohort and the longest-running program outside of the USA. This initiative has evolved to become a cornerstone for technology companies aiming to scale their growth and make a lasting impact on the real estate communities of Australia and New Zealand.

“We are honoured to again have the opportunity to work with more exciting property technology start-ups. This year, nine companies represent the largest amount of companies taken on in a calendar year for the REACH program. Regardless of your area of specialization, there is value within the group of nine companies.”

– Peter Schravemade, Managing Partner REACH Asia Pacific.

Recently awarded the RESIDENTIAL VC OF THE YEAR by CRETI in 2022. The REACH program has consistently asserted its dominance within the Australian Property Technology community, solidifying partnerships with multiple Real Estate Institute peak bodies and also the Proptech Association of Australia. This commitment underscores REACH’s integral role in propelling innovation and collaboration within the industry.

“For five years, this program has been a driving force for Australian and New Zealand real estate technology, opening doors to global markets. The diverse and innovative 2024 cohort demonstrates our unwavering dedication to fostering the best innovation and talent from the Asia Pacific region” – Dave Garland (Pic), Managing Partner of Second Century Ventures.

The Companies accepted to the REACH Australia and New Zealand 2024 program are as follows:

Arcanite is the ultimate real estate sales management and channel distribution platform to accelerate the transaction rate for all connected parties within the real estate ecosystem.

Erin Living Technologiesis a resident experience company meeting the demands of modern living. The core product – Erin, is a community-led liveability super-app designed to make the lives of residents more connected, more secure and more convenient. A dedicated app for homeowners and tenants

Milk Chocolate has verticalised all parts of the property journey into one experience, offering planning, buying, building, and management services.

Leesy digitises and centralises the leasing process helping renters to secure a home they love without the stress, landlords to maximise their rental yield, and agencies reduce the time they spend leasing properties by up to 74%

FLK it Over streamlines residential leases and all real-estate document signing for your office with its seamless dashboard, SMS-powered communication, and powerful proptech integrations

Agent Profit Planner fine-tunes your real estate agency business for maximum return with online modelling tools to test profit and efficiency outcomes.

Square by Square empowers anyone to buy and sell tiny squares of conservation land, making it profitable to protect nature.
URL: http://www.squarebysquare.org

GXE is the all-in-one platform for investment funds, family offices, and syndicates that provides real-time visibility, efficient workflows, automated admin, reporting, and more.

THDR Group aka THEODORE is an Australian-born custom-tailored menswear brand with the vision of providing property professionals with access to affordable luxury menswear, by innovating & simplifying the customer experience via the use of emerging technology.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

Breaking Property News 3/9/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The imminent interest rate hike is going to be a real reckoner for property   When interest rates rise again, Britain’s housing market will discover what it is really worth   Thought Leadership by Andrew Stanton CEO Proptech-PR For more than a decade, Britain’s housing…
Read More →
Breaking News

Tenancy deposit reform overlooks estimated £750m

As the Government considers reforms to England’s tenancy deposit system, The Letting Partnership is warning that one major question remains almost entirely absent from the debate: what happens to tenancy deposits that are never reclaimed? While current discussions have focused on how deposits should be protected in future, namely custodial vs insured schemes, far less attention…
Read More →
Breaking News

Application to offer in 24 hours with new Barclays Fast-Track Remortgage

Barclays launches first-of-its-kind Fast-Track Remortgage, which can provide eligible customers1 a mortgage offer within 24 hours, and completion in as little as five days Research finds those who have switched lenders are twice as likely to find the process difficult compared to those who stayed with their lender (20 per cent vs 10 per cent)…
Read More →
Estate Agent Talk

Mortgage overpayments in a confident market

Financial experts are encouraging homeowners and first-time buyers to take a fresh look at mortgage overpayments as confidence builds in the UK property market and interest rates begin to ease. With major lenders cutting rates, improved loan-to-value options for buyers, and growing optimism in the 2026 market, mortgage overpayments are emerging as a powerful and…
Read More →
Breaking News

House price growth remained subdued in August

UK annual house price growth remained broadly stable in August at 1.6% House prices were up 0.2% month on month Headlines Aug-26 Jul-26‡ Monthly Index* 550.1 549.1 Monthly Change* 0.2% -0.1% Annual Change 1.6% 1.4% Average Price (not seasonally adjusted) £275,465 £276,581 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal…
Read More →
Letting Agent Talk

What Adds Three Weeks to Leasehold Conveyancing?

As government reforms target a four-week reduction in homebuying times, Konnect You analysis points to management packs, extra lease enquiries, third-party responses and title issues as recurring leasehold bottlenecks. The government is targeting a reduction of around four weeks in the homebuying process through reforms published in June 2026. Its roadmap proposes more property information upfront and recognises that leaseholders can face delays…
Read More →