Real estate stories
House prices are still 17.6% below their post-Covid peak, with weak Auckland and Wellington values weighing on 2025 prospects.
A new tile showcase at Tokyo Big Sight aims to draw architects and builders as JAPAN BUILD Tokyo 2024 expands its international reach.
More than 560 exhibitors from around the world will help draw 34,443 visitors to Tokyo Big Sight, signalling stronger global demand for building tech.
The Tokyo exhibition will bring global building and housing experts together as Japan’s construction sector seeks smarter, more efficient solutions.
Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.
Mortgage holders may get further relief early next year, but house prices are likely to rise only modestly as listings and unemployment stay high.
The Real Estate Authority has published guidance for real estate professionals on the responsible use of generative AI, stressing accountability for service delivery.
Falling interest rates and higher inventory are drawing more buyers back, with October sales up 20% nationally, REINZ says.
Lower interest rates are reviving property investor confidence, with national sentiment turning positive after the Reserve Bank’s OCR cuts.
Twilio has honoured 16 startups at the 2024 AI Startup Searchlight Awards for their innovative use of Twilio's tools to enhance customer engagement.
Brightcove has launched its Marketing Studio for Sales, enabling global teams to create personalised video content seamlessly and efficiently.
Neat is ramping up its operations in the Asia Pacific, responding to a surge in demand for hybrid work solutions, particularly in Singapore and India.
Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.
Goodman Group has unveiled its expanded data centre services, enhancing operational solutions to meet surging global demand for data infrastructure.
Litera has acquired Office & Dragons to enhance its legal tech offerings, leveraging automation and AI to improve document workflows for legal professionals.
India's data centre capacity is set to soar by 66% by 2026, with an addition of 604 MW, driven by AI advancements and extensive 5G rollout.
Gary Winter from Parcel Pending predicts a surge in out-of-home delivery solutions by 2025, driven by rising demand and evolving consumer preferences.
JLL Thailand has brokered a major real estate deal on Bangna-Trat Road, signalling the nation's evolving role as a digital infrastructure hub.
Wayfinder has launched WayGPT, an AI tool set to revolutionise Australia's real estate sector by enhancing agent performance and operational efficiency.
JLL has launched its innovative AI platform, JLL Falcon, aiming to transform the commercial real estate sector with cutting-edge technology and insights.