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

Homebuyer demand returns following Autumn Budget

New research from Property DriveBuy reveals that Bristol, Tyne & Wear, and South Yorkshire emerged as the UK’s most in-demand areas of the housing market following the Autumn Budget, with as many as 61% of homes listed for sale successfully securing a buyer in Q4 2025. Property Drivebuy analysed residential listings data across the nation…
Read More
Breaking News

Economic uncertainty tops agents’ worries in 2026

“Make-or-break” 2026 looms for estate agents as costs, red tape and reform pile pressure on sector Agents warn of ‘survival year’ ahead as new Alto Agency Trends Report reveals deep fears over rising costs and regulation UK estate and letting agents are heading into 2026 fearing a make-or-break year, as soaring costs, economic uncertainty and…
Read More
Estate Agent Talk

Strategies to Boost Estate Agent Networking

In the competitive world of UK property sales, mastering estate agent networking can transform your business trajectory. For instance, agents who prioritize targeted connections often see a surge in referrals and listings. This article explores 7 proven strategies drawn from industry insights, helping you build lasting professional relationships without relying on outdated tactics.​ Introduction to Estate Agent Networking Estate…
Read More
Letting Agent Talk

Why now is actually a great time to be a landlord

By Allison Thompson, National Lettings Managing Director, Leaders.  For the past few years, there has been a succession of reports in the media about landlords selling up and quitting the industry. And it’s true that as legislation has been tightened and renters’ rights have been prioritised, it now takes more time, effort and knowledge to…
Read More
Breaking News

Modest house price growth may offset easing mortgage costs for home buyers this year

Analysis of new data* from Moneyfactscompare.co.uk illustrates how easing mortgage rates may allow for a modest growth in house prices in 2026 without improving or worsening current affordability pressures on first-time buyers and homemovers. *Consumers comparing mortgage deals on moneyfactscompare.co.uk in 2025 and Moneyfacts Average Mortgage Rates. First-time buyers Typical first-time buyers borrowed around £236,000 in…
Read More
Breaking News

More than 428 homes repossessed every month

New analysis from Springbok Properties reveals that based on historic trends an estimated 428 homes could be repossessed each month in 2026, a fact which threatens to create stress and concern for any families starting the new year off under financial pressure. Springbok Properties’ has analysed property repossession data from the UK House Price Index*…
Read More