New Zealand’s property industry has accelerated its investment in technology in response to Covid-19 and embraced new systems and processes at a faster rate than its Australian counterparts, according to a new report. Despite this, six in 10 respondents to a survey conducted by the Property Council of New Zealand and software company Yardi still depend on spreadsheets to assess the performance of their portfolios. The survey of a senior cohort from New Zealand’s property industry sets a data baseline for what is expected to be an annual investigation into attitudes and actions influencing property technology, or proptech. “Property is New Zealand’s largest industry, generating 15 per cent of our economic activity, nine per cent of jobs and contributing more than $41.2 billion to GDP,” says Property Council New Zealand Chief Executive, Leonie Freeman. “But until now, we’ve lacked access to information which sheds light on the market saturation and acceleration of the digital tools that drive value in this important industry.” Almost two thirds (64%) of survey respondents said technology would play a pivotal role in reshaping their real estate portfolios in the next three years. And 95 per cent said the disruption of Covid-19 had driven adoption of digital technology. More than two thirds (68%) are now using Cloud-based productivity suites, for instance. Eighty-six per cent of respondents thought New Zealand trailed the rest of the world for tech adoption – despite being further advanced than other markets in many areas. For example, 77 per cent of Kiwi property companies use specialist accounting and finance system, compared with 22 per cent of Australian companies. “Kiwis are always looking to work smarter, and being small, lean and agile means we can pivot quickly towards new ideas and innovations,” Freeman says. Yardi’s Senior Regional Director Bernie Devine agrees. “The Covid-19 pandemic has taught New Zealand’s property leaders to prepare for ongoing unpredictability with new systems and processes that simplify complexity and enable flexibility.” Survey respondents noted business process automation (41%), big data analytics (27%) and artificial intelligence (18%) as the three technologies most likely to be adopted over the next three years. “This survey gives property industry leaders a clear sense of where they stand and exposes areas for investment and focus,” Devine adds. “Property leaders have emerged from the crisis with a new understanding of the role of the technology and we can expect investment to grow dramatically in the next few years.” “This report sets a baseline which demonstrates New Zealand’s property industry is proactive and positive about technology and adoption. Technology is now at the core of every successful property business,” Freeman concludes. Download the Yardi / Property Council Proptech...
YASC ANZ
Join the fun in September
The Yardi Advanced Solutions Conference (YASC) returns to Sydney on September 17-18, bringing together real estate professionals from across Australia and New Zealand. Diving deep into Yardi Voyager and the ancillary software you use every day, YASC is a great opportunity to strengthen your skills and network with peers. With interactive discussions, local and international experts, more networking time, and new innovations revealed, this is one event you can’t miss! As one attendee shared about their YASC experience in 2018, “YASC provided great informative sessions and highlighted great new features. There were good training opportunities provided to help expand the scope of work with Yardi in the business.” Why will you attend in 2019? Here are a few new features at YASC Australia and New Zealand in 2019: Yardi Events App The Yardi Events app will help attendees streamline the YASC experience. Access all conference information, venue maps, class materials, social networking, in-app messaging and more within the mobile app. It’s designed to enable attendees to custom-tailor their daily schedule with classes, demos, panels and roundtables, and to set up one-on-one meetings with Yardi staff. The Yardi Events app is available for download in the Google Play Store and Apple App Store. A browser-based version, synced to the mobile app, will also be available, so attendees can access all these features from their desktop. User log-in details will be emailed to all registered YASC attendees. Questions? Email our team at [email protected]. Learn from the Experts Throughout the conference, attendees can learn from industry experts on the market trends and technology innovations that impact our work. With new products in the Yardi pipeline, get an exclusive chance to preview new products soon to be released in Australia and New Zealand. From specialist solutions for coworking, residential, and asset management, there will be a variety of product enhancements and new Yardi technologies to...
YASC ANZ 2017
Client training in Sydney
The popular Yardi Advanced Solutions Conference (YASC) returns to Sydney, Australia on August 30-31. We’re excited to welcome guests to YASC’s new location, The Four Seasons Hotel Sydney, with views of the Sydney Harbour and proximity to the historic Rocks district. The two-day conference will offer expanded learning and networking opportunities for our clients with portfolio presence in Australia and New Zealand. With an anticipated attendance of over 200 Yardi clients, this will be the largest YASC in Australia and New Zealand to date. This year’s conference boasts over 40 unique courses and discussion groups tailored for commercial and investment portfolios. In addition to expanded education offerings, YASC attendees will have an opportunity to network with industry peers throughout the conference. Opportunities abound, including at breakfasts and lunches, tea breaks and the highly anticipated YASC cocktail reception. Join us for an evening in Yardi’s Wonderland on August 30 at The Four Seasons’ Grain Bar. Guests can look forward to enchanting entertainment, tasty canapés and sweets, along with some fun, magic and mystery. Be prepared to be dazzled! “This year’s event is bigger and better than ever! We’ve designed YASC to maximize learning opportunities and fun. We’re excited to welcome our clients and industry experts to an expanded YASC event focused on creating meaningful dialogue and networking connections,” said Nina Feldman, marketing manager at Yardi. Here are a few new features coming to 2017 YASC Australia and New Zealand: Discussion groups A new addition to YASC ANZ, discussion groups aim to explore the software solutions you use every day. These groups will be facilitated by a Yardi product expert to provide a space to discuss issues and share experiences with industry peers. Hands-on experience in the Computer Lab Gain hands-on experience in our on-site Computer...
Australia Update
The Property Congress
Last month, more than 700 real estate professionals converged on Hamilton Island, Queensland, Australia for a week of learning from industry leaders and experts innovating the property sector. Hosted by Property Council of Australia, The Property Congress has become a highly anticipated annual event and the largest property conference in the region, boasting delegates from all corners of the industry – from lawyers and CEOs to architects and technology providers. For 39 years, Congress has kept the pulse of the industry and explored trends and topics impacting property and real estate. Members of our Yardi office in Sydney and Melbourne, Australia attended the three-day conference, including Ado van Rensburg and Kelvin Manual, regional solutions managers; Nina Kaszina, marketing manager; and Terry Gowan, regional director for Australia and New Zealand. On October 20, the event kicked off with a Welcome Beach Party hosted by Yardi. Delegates enjoyed beachside fire pits, live music, appetizers and beverages while networking on the picturesque Catseye Beach. Keynote addresses from Jacklyn Trad, Deputy Premier of Queensland and Mark Steinert, Managing Director and CEO of Stockland and National President of Property Council of Australia, welcomed delegates and focused on furthering innovation and development within Australia’s property sector. The first day of programming at Congress explored the transformative power that buildings have on communities and the property industry’s responsibility to address challenges through long range planning. Educational sessions and panels showcased industry hot topics and trends from some of the world’s most experienced business leaders. Morning sessions, including “New World Cities” and “Future Cities,” stressed the importance of thinking 10-15 years out ahead in the property sector. During the “New World Cities” keynote, Professor Greg Clark, Global Advisor and Chairman of The Business Cities Limited, discussed competition between the world’s existing and...
YASC ANZ
Join Yardi in Sydney
In less than one week, the 2016 Yardi Advanced Solutions Conference (YASC) kicks-off in Sydney, Australia. The annual user conference will be hosted on 25-26 October, 2016 at the Pier One Sydney Harbour Hotel, located near the picturesque Sydney Harbour Bridge. This year’s event has grown by 30 per cent, bringing together over 170 clients and 50 staff members to explore product training and topics facing the real estate sector in Australia and New Zealand. YASC will feature 40+ unique courses, modules and discussion groups tailored for commercial, investment, and residential portfolios. For the second year, YASC is hosting experts from Yardi’s Cloud Services team. Cloud Services will offer insight into the latest innovations in the Yardi Cloud environment and what we’re doing to keep your data protected. In addition, the Computer Lab is your opportunity to speak one-on-one with our product experts. The Lab is a great place to get hands-on experience with Yardi software and learn how to apply what was discussed in courses. Guests will be able to enjoy scheduled entertainment and networking at the YASC cocktail reception on Tuesday, 25th October. Inspired by Fellini’s iconic La Dolce Vita, the reception will feature traditional Italian and international cuisine, live music from Breakfast at Tiffany’s, internationally renowned magician Liam Power, an Instagram printer to capture your conference memories, and more! The reception will be sure to amaze and delight YASC attendees – you won’t want to miss it! A YASC first in Sydney, the conference will feature an interactive social media scavenger hunt. Learn more about the scavenger hunt and how you can win big here. YASC attendees can stay connected with conference news and share their experience on social media using the event hashtag,...
Global YASC Events
November 2015: YASC ANZ, YASC Asia
November is a busy month for our clients in Australia, New Zealand, and the rest of the Asia Pacific region. Yardi will be offering two Yardi Advanced Solutions Conferences to provide product training, learning opportunities, and networking for clients. The conferences will focus on clients with commercial and investment portfolios. At both YASC ANZ and YASC Asia, attendees can look forward to courses and panels tailored to the experience of product users, IT professionals, managers, and executives. As an added feature to the conferences, labs will be available for scheduling one-on-one demonstrations with Yardi product experts. For the first time, the conference will also offer peer roundtables on a variety of industry topics at YASC ANZ. YASC Australia/New Zealand starts November 16 in Sydney, Australia. All conference activities will be hosted at the Doltone House Hyde Park. This year, the conference has further expanded, providing attendees with four tracks of courses to choose from. In addition, guests will be able to enjoy scheduled entertainment and networking at the YASC ANZ reception on Wednesday, November 17. In less than two weeks, YASC Asia will come to Singapore, November 23-24. Conference events will be held at the Amara Sanctuary Resort on Sentosa Island. To better serve clients, YASC Asia has doubled the curriculum offered this year. The conference will feature four training tracks designed to offer clients specialised courses on Yardi software and services. Besides courses and panels, YASC Asia attendees can take advantage of discounted spa treatments at the host resort and the many networking opportunities available at the conference and cocktail reception. Follow Yardi’s social media channels for conference news, events, and information. You can follow Yardi on LinkedIn, Twitter, Facebook, Instagram, and Google+. Be sure to tag your photos on social media with the YASC Australia/New Zealand event hashtag, #YASCANZ, and the YASC Asia event hashtag, #YASCAsia. About Yardi: Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, Yardi Residential Suite™, Yardi Investment Suite™ and Yardi Orion® Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and services with portfolio-wide business intelligence and platform-wide mobility. Yardi serves clients worldwide from offices in Australia, Asia, Middle East, Europe and North America. For more information, visit www.yardi.com/anz and...
