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

Mortgage Borrowing Dip

Key points: Net borrowing of mortgage debt by individuals decreased to £3.9 billion in September, from £4.2 billion in August, below the previous 6-month average of £4.9 billion. Net mortgage approvals for house purchases decreased to 53,400 in September, below an average of around 58,800 over the previous 6-months. Approvals for remortgaging increased to 42,600…
Read More →
Breaking News

Autumn Budget 2026: Property industry reaction

Following today’s Autumn Budget, reaction from property industry experts on six key areas for the property market. First-time buyer support: The £4.7bn Your First Home equity loan scheme, supporting 70,000 buyers, alongside the introduction of a new First Time Buyer ISA. Inflation and borrowing costs: The extension of the fuel duty freeze, household energy support…
Read More →
Breaking News

Can you legally BAN Halloween Trick or Treaters?

People who dread the annual knock of trick-or-treaters may have more power to keep Halloween callers away than they realise. As millions of children prepare to take to the streets on October 31, a property law expert has explained what homeowners can do if they do not want strangers walking up their path or knocking…
Read More →
Estate Agent Talk

What the sector need to do differently to give first time buyers a chance

By Peter Hawley, Director, SOWN (part of LRG) The mortgage and property sector needs to stop assuming that younger buyers are either ready to buy outright or not ready at all. For many, the reality is somewhere in between. They may have stable employment, a deposit and a strong desire to own, but still find…
Read More →
Letting Agent Talk

The 50-property tipping point: when landlords need a different approach

By Adam Hills, Client Services Director, LRG Living Markets A sizeable residential property portfolio can create significant opportunities for long-term income and capital growth. But as it expands, so does the complexity of managing it effectively. For landlords with 50 or more properties, the challenge extends well beyond finding tenants or collecting rent to communication,…
Read More →
Estate Agent Talk

Home is where the stress is

Couples find first-time buying more anxiety-inducing than buying solo First-time buying: Anxiety doubles when finding a home with your partner! Stress and anxiety significantly increase when buying a first home with your partner compared to flying solo The likes of searching for a property, applying for mortgages and progressing through the legalities are all significantly…
Read More →