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REIQ signs proptech deal to drive real estate innovation

Reported by Mpamag
May 19, 2026· 3 min read
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Key Takeaways
  • • REIQ (Real Estate Institute of Queensland) has announced a proptech partnership initiative designed to accelerate technology adoption and innovation across the Australian real estate sector, with the PropTech CoLab serving as a dedicated think tank for Australia and New Zealand.
  • • The collaboration aims to bridge residential real estate professionals and property technology vendors through structured advisory panels and industry research, including the inaugural 2026 Proptech Pulse survey.
  • • Key strategic focus areas include enhancing agent capabilities through technology integration, improving customer experience through better collaboration between real estate and proptech sectors, and identifying innovation opportunities fit-for-purpose and future-ready.
  • • REIQ CEO Antonia Mercorella and proptech specialist Peter Schravemade are among the principal drivers of this initiative, supported by an advisory panel of industry stakeholders committed to strengthening interdependencies between real estate and technology sectors.
  • • The partnership signals institutional commitment to positioning the Australian and New Zealand real estate markets as technology-forward, addressing productivity, efficiency, cost reduction, and real-time data transparency as core competitive advantages.
Summary
REIQ has formalized a proptech collaboration framework centered on the PropTech CoLab, a think tank established to foster deeper integration between residential real estate professionals and property technology companies across Australia and New Zealand. The initiative represents a strategic institutional effort to systematize how the two sectors can operate more effectively together, moving beyond ad-hoc technology adoption toward structured innovation pathways.

The partnership addresses a core industry challenge: the need for technology solutions that are purpose-built for real estate practitioners rather than generic software. According to the initiative's framework, proptech adoption delivers measurable benefits including enhanced productivity, operational efficiency, cost reduction, improved real-time data access, and more transparent communication channels. By creating a formal advisory structure, REIQ aims to ensure that technology development aligns with actual market needs and practitioner workflows.

Leadership of the initiative includes REIQ CEO Antonia Mercorella and proptech specialist Peter Schravemade, alongside an advisory panel comprising industry figures such as Ben Stockdale, Tom Ellis, Lara Scott, and others with expertise spanning both real estate operations and technology implementation. The advisory panel structure is designed to facilitate bidirectional feedback—enabling proptech vendors to understand practitioner pain points while enabling agents to shape technology roadmaps effectively.

A key research component of the collaboration is the 2026 Proptech Pulse survey, positioned as an inaugural industry benchmark designed to capture quantitative and qualitative insights into current adoption rates, barriers to implementation, and future technology priorities. This research infrastructure positions the partnership as a data-driven initiative rather than a marketing effort, providing institutional investors and operators with validated market intelligence on proptech penetration and strategic direction in the Australian and New Zealand markets.

The timing aligns with accelerating digital transformation across the real estate sector globally, where proptech innovations increasingly shape competitive positioning. REIQ's formalization of this collaboration through a dedicated think tank signals that the Queensland and broader Australasian real estate market is moving toward systematic technology integration as a core business model component rather than an optional enhancement.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Mpamag REIQ signs proptech deal to drive real estate innovation