The conglomerate has provided $11.8m for the real estate services platform and will work on a smart home offering in collaboration with the company.

Diversified conglomerate Mitsui & Co has invested ¥1.3bn ($11.9m) in Japan-based property buying and renovation management services provider Renoveru, The Bridge has reported.

Renoveru, which was launched in 2010, operates an online-based service that enables users to browse and buy properties while also organising renovations online and offline.

Home builders can use the platform to connect to and share renovation plans with qualified service providers such as construction supervisors, architects or carpenters, and Renoveru provides building materials and equipment through…