Breaking Property News – 12/02/24

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 SchravemadeManaging 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

Mortgage approvals up in February

The latest mortgage approval data from the Bank of England show that: –   Mortgage approvals on house purchases for February sat at 62,584 up (3.9%) from 60,246 seen in January. Approvals are down (-3.9%) when compared to the 65,114 seen in February 2025. This annual decline was expected due to wider market slowdown and economic…
Read More
Breaking News

Pain for landlords as buy-to-let borrowing costs soar

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East, according to Moneyfactscompare.co.uk. Landlords also face further financial challenges over the next few years, to meet new private rental rules. Average buy-to-let fixed rates over a two- or five-year term have risen since the start of March 2026. The two-year rate is…
Read More
Breaking News

Breaking Property News 26/3/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Average house prices in England are 7.6 times the median average salary The house-price-to-salary ratios in England continue to see a gradual decline post Covid-19 spike Following today’s release of the ONS Housing Affordability in England and Wales: 2025 data confirming that median average…
Read More
Breaking News

Households facing £114 council tax increase

The latest research from eXp UK shows that the average household could see their council tax increase by £114 over the next year following increases of up to £986 over the past ten years. At the beginning of April, the majority of local councils are expected to put council tax up by 4.99% – the…
Read More
Breaking News

UK House Price Index for January 2025

The latest index shows that: The average monthly rate of house price growth in January was -0.3%. Average UK house price annual inflation was 1.3% in the 12 months to January 2025. As a result, the average UK house price currently sits at £268,000.   Here are some thoughts from the Industry.   Damien Jefferies,…
Read More
Breaking News

Exchange time reaches 135 days

Property transactions slow as exchange time reaches 135 days — up 45% on 2019 The time it takes to exchange contracts has risen to 135 days — 45% longer than in 2019 and 3% higher than last year — despite a drop in property transactions year-on-year, it emerged today. Novus Strategy, the transformation consultancy for…
Read More