Real estate stories
New guidance from OFSI, effective May 2025, will require UK letting agents to monitor financial sanctions breaches, impacting 2.9 million rental homes.
Five startups from Switzerland, Dublin, Canada, and the UK win ABB's 2025 Startup Challenge, each receiving USD $30,000 to develop AI energy solutions.
JLL has launched JLL Design, a global consultancy unifying its design services to enhance delivery across workplace, retail, and hospitality sectors.
CyrusOne has appointed James Miller as Senior Director of Site Acquisition for Europe, tasked with enhancing data centre site development across the continent.
A recent Binance New Zealand survey reveals 70% of Kiwis favour cryptocurrency as a long-term investment, eclipsing traditional assets like stocks and real estate.
Fit out costs are on the rise across APAC, with Tokyo maintaining its position as the priciest city at USD $195 per square foot, according to Cushman & Wakefield.
Rising tenant demand is exposing a shortage of green offices, with Auckland alone facing a 164,000 sqm shortfall, JLL says.
High stock and subdued sales are giving New Zealand buyers and sellers rare breathing room as prices stay within a tight band.
More than NZD $63 million was cut from home asking prices in the first quarter as higher stock and longer selling times forced sellers to negotiate.
Lextech announces leadership changes with Peter Maloney appointed CEO and Rafe Berding as Chief Growth Officer, aimed at boosting innovation and customer success.
Borrowers face a slower economic recovery, with the Reserve Bank signalling room for further OCR cuts as tariff uncertainty clouds mortgage rates.
Geospatial technology firm DAS has launched a groundbreaking 3D mapping solution aimed at enhancing visualization of land for rural and regional property markets.
Buyers still face a subdued market as national asking prices stay below last year’s levels, even with more homes listed for sale.
Yubico's Geoff Schomburgk calls for broader protections under Australia's Scam Prevention Framework Bill, highlighting significant security gaps across various industries.
IoT sensors and machine learning can trim cooling demand, helping building operators cut bills and emissions without costly retrofits.
Falling interest rates have yet to shake New Zealand’s housing market out of its summer lull, with values up just 0.5% in three months.
Demand for cloud and AI workloads is driving new Australian data centre capacity as Partners Group backs GreenSquareDC with up to A$1.2 billion.
NFTs are evolving beyond digital art, impacting sectors like music and finance, and offering unique opportunities for ownership in the digital future.
Buyers now have more negotiating power as national housing stock tops 35,000, even though new listings came in below expectations in February.
Bengaluru’s logistics boom is drawing 165-plus exhibitors and 10,000 professionals to a November expo on warehouse automation.