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Business Scoop provides news and views on Business and Markets from New Zealand

Property companies in Asia should start with small steps on their way to big data, artificial intelligence and business process automation.

Mingtiandi Username Is Hong Kong is poised for a real estate resurgence? Two years ago, Hong Kong was the world’s third largest real estate market, trailing only New York and London. The twin challenges of protests and a pandemic have taken their toll. So last week, Yardi’s called in the experts for their take on Hong Kong’s future. David Green-Morgan, Managing Director Real Capital Analytics in Asia Pacific, Tommy Wu, Lead Economist for Oxford Economics in Asia, and Yardi’s Regional Director, Bernie Devine joined us for the first instalment of Yardi’s Executive Briefing Series for ...

Pandemic propels proptech in Asia SINGAPORE, Feb. 9, 2021 /PRNewswire/ -- Real estate companies have ramped up their investment in technology in response to the COVID-19 pandemic, finds a survey of some of the biggest property players in Asia. The survey by independent news source Mingtiandi, in collaboration with technology company Yardi Systems, finds 70 percent of real estate companies are scaling up their investment in property technology, or proptech. The results of the survey, Tech adoption in Asian real estate, builds on a similar report from Mingtiandi in 2017. "Our latest survey res...

 The COVID-19 pandemic has driven a surge in adoption of information systems by real estate companies in Asia, according to a proptech study released today by Mingtiandi.com, the region’s leading property news source. Nearly three-quarters of the real estate professionals surveyed for the study said their firms were either reviewing or considering launching a formal review of their use of information systems in response to the public health crisis. And that rethinking is already being translated into action, with 60 percent of respondents saying their companies are implementing new te...