Japanese real estate site Suumo has recently completed 3D modelling of city condominiums as news comes of parent company Recruit Holdings plans to buy back shares.
The portal offers Google Cardboard technology, which uses Suumo’s Sumosukopu smartphone’s virtual reality app and cardboard ‘goggles’ to give users an immersive visual experience of 16 new properties, including 11 metropolitan condos.
Via their own mobile phone, users can inspect all rooms of the property without stepping foot inside.
The free 3D data works with Android 4.4 version or higher and IOS 8.4 or higher.
Suumo’s parent company, global HR company Recruit Holdings, plans to raise an estimated 252 billion Japanese yen (US$2.5 billion) through a secondary stock offering and simultaneously spend ¥30 billion (about $300 million) to buy back 1.5 percent of common shares, leaving a float of about 565 million.
Recruit manages at least 23 businesses, including Indeed and real estate sites Suumo.jp in Japan and Movoto.com.