Displaying items by tag: real estate

GUEST OPINION:  There is a lot of potential in the metaverse. Software development for virtual worlds will increase in demand as more people begin to realize what virtual worlds can offer them in their work and personal life.

NEC has developed a marketing strategy planning & effectiveness simulation technology that utilises generative AI to identify latent needs of customers and generate optimal measures.

Majority of businesses in the Australian real estate industry (84%) want to improve customer experiences and management and sees the implementation of technology will be critical to meeting this goal, according to the Optus Business Real Estate Industry Pulse 2022 report conducted by ACA Research.

Australian Massive Internet of Things (IoT) company Thinxtra has appointed Carineh Grigorian as Marketing Director.

Samsung SmartThings and CommScope Ruckus are collaborating to enable landlords and building owners to offer enhanced, smart technology experiences to tenants and residents as alarm systems, thermostats, air conditioners and other home devices become increasingly connected.

The REA Group, a global online real estate advertising company, has said it will cancel a number of sex-associated domain names which have been acting to redirect traffic to its site.

Australian listed digital advertising business specialising in property REA Group has reported revenue growth of 13% to $928 million across its global markets and a net profit increased to $313million for the 12-months to the end of June 2021.

Agrees to Acquire Mercatus, Inc. to Offer Fully Integrated Platform For Growing Private Market Segments Including Infrastructure, Private Equity, Real Estate, Private Debt and Fund of Funds

COMPANY NEWS: State Street Corporation has announced that it has entered into an agreement to acquire Mercatus, Inc., a premier front-and-middle-office solutions and data management provider for private market managers.

Property consultancy Knight Frank Australia (KFA) has worked with global real estate software provider MRI Software to create a fully ‘Software as a Service’ compliant environment to deploy MRI’s Platform X technology.

Australian property technology startup Propic has signed an exclusive partnership agreement with global real estate software provider MRI Software to introduce new conversational artificial intelligence (AI) technology to MRI property clients across Australia.

COMPANY NEWS:  Commercial real estate valuation software company Forbury has been shortlisted as a category winner in the inaugural 2021 Proptech Awards. 

Media firm Nine Entertainment's real estate website, Domain, has been hit by a phishing attack just weeks after the parent company suffered a ransomware attack.

Australian businesses reported over $14 million in losses to Scamwatch due to payment redirection scams last year, and average losses so far in 2021 are more than five times higher compared to average losses in the same period in 2020, according to the ACCC.

Sydney headquartered property valuation and advisory firm, Preston Rowe Paterson (PRP), has gone live with a commercial and retail sector valuation solution from valuation platform specialist Forbury.

Australians have already lost over $300,000 to rental and accommodation scams this year - an increase of 76% compared to the same time last year - by responding to fake advertisements posted on real estate or classified websites.

The Indian conglomerate Indiabulls, which is involved in financial services, real estate, pharmaceutical products, leasing of construction equipment, LED lights and facilities, has been hit by an attack of the CLOP ransomware that affects computers running Microsoft's Windows operating system.

The Real Estate Institute of Queensland (REIQ) is claiming a world-first with the impending launch - in partnership with tech startup Igloo - of fully digitised residential tenancy agreements.

Real estate auction platform, Gavl, has launched new features on its app, including bidder registration, identity verification, contract signing and deposit payment, which it says gives real estate agents the ability to enable their buyers and vendors to complete an entire auction transaction digitally and remotely.

The demand for, and volume of, location data in Australia is unprecedented, according to a key industry player, with the telecommunications and insurance sectors the most interested in the use of location data services.

The technology and science sector was second only to the mining, resources and energy sector in recording the highest job advertising growth in March, according to new employment data revealing the sector was up by 20% on the previous year.