Property Technology (PropTech) stories
Digital tools could help New Zealand builders deliver homes faster and cheaper as shortages, costs and delays threaten supply.
Smart buildings are exposing heating, lifts and ventilation to hackers as connected systems expand and legacy defences lag behind.
A Dunedin office project will trial real-time BIM safety tools as construction firms seek to curb a sector that drives 16% of ACC work claims.
Digital twin tools could help cut costly delays and emissions, as 90% of infrastructure projects are still late or over budget.
By automating quotes online, the platform cuts wasted site visits for tradespeople and is now targeting 150 tiling businesses.
A digital product database could trim consenting costs and lift New Zealand builders' productivity, with gains to GDP estimated at up to NZD $220 million.
Private technology firms are poised to dominate infrastructure, as automation and data reshape jobs, services and investment across the sector.
Mass timber is opening up faster, cheaper projects across Australia, with new code changes and local supply widening its use beyond niche builds.
Sensors, drones and automation are reshaping building upkeep, with smarter systems promising lower costs and better occupant comfort.
Jobseekers could cut training time from days to minutes as a new virtual reality tool is piloted to fill construction skills gaps in New Zealand.
The real gains will come from analytics and workflow software, not from simply adding more connected sensors to buildings.
Clients on mega-projects could see fewer overruns as an alliance deploys AI to flag risks earlier and improve decision-making.