Property Technology (PropTech) stories
Restricted bank lending in New Zealand is opening the door for developers to secure debt or equity funding from commercial property investors.
Housing shortages, leaky homes and soaring land costs are forcing New Zealand to rethink design, building methods and quality.
Occupants in Wellington’s Aorangi House are seeing lower energy use and better comfort after a 1970s block was refurbished for efficiency.
The switch is expected to cut operating costs and lift asset values across Precinct Properties' Auckland and Wellington portfolio.
Building owners and insurers in New Zealand can now track structural risk in real time as Mainmark introduces STRAAM for damage assessment.