ANZ makes push into real estate tech, buying property start-up REALas

Australia and New Zealand Banking Group is looking to tap into Australia’s endless real estate fascination by acquiring an emerging Australian tech start-up that has created an app to let prospective home buyers find out accurate sale price predictions for properties on the market.

The acquisition of the start-up REALas comes as the bank is undergoing a transition to “agile teams”, in an attempt to replicate the way tech giants such as Google and Facebook operate.

REALas chief executive Josh Rowe will stay on with the company now it’s been acquired by ANZ. Josh Robenstone

READ MORE VIA AFR