Ask Wire wins big at the AI and Data Awards 2026 - and shows how real estate data should work
Cypriot real estate analytics firm Ask Wire secured two Gold Awards and a Platinum distinction at the AI and Data Awards 2026 in Athens. The company took Gold for "Best Use of AI/Data for Business Transformation" and "Best Use of Data Analytics," earning a Platinum recognition in the latter for outperformance against other category winners.
For real estate and construction teams, the takeaway is simple: practical AI and defensible data pipelines are no longer optional. They're how you reduce blind spots, speed up decisions, and protect margins.
Why it matters
The awards highlight a long-standing issue in Cyprus and Greece: limited transparency and late access to reliable market data. Transaction information often lands months after the fact, while online listings regularly duplicate the same asset multiple times.
That noise distorts supply, clouds comparables, and drags valuations off course. In some areas, properties with similar attributes can show 15-20% differences in real value due solely to missing or fragmented information.
What Ask Wire built
Ask Wire stood out for the automatic integration and enrichment of real estate data from tens of thousands of actual transactions. The platform continuously tracks new construction projects across Cyprus and Greece, capturing status and absorption and feeding that into automated valuation and evaluation reports used by market professionals.
It also cleans the market view at scale: removing hundreds of thousands of duplicate ads, parsing descriptions and technical brochures, and extracting structured signals from urban planning documents. The goal is a single, trusted source you can use daily-not a one-off study.
How the awards were judged
The evaluation committee reviewed entries from Greek and international firms across sectors including healthcare, industry, and financial services. Submissions were assessed on measurable criteria: accuracy, usefulness, and genuine day-to-day deployment-not theoretical promise.
The structural gap isn't fully solved
As Ask Wire's CEO Pavlos Loizou notes, technology moves fast, but the market infrastructure hasn't caught up. The absence of a single central transaction register, delays in official publications, and non-standardized listings still make fair comparisons harder than they should be.
Transparency won't automatically lower prices or fix supply-demand imbalances. It does, however, reduce blind decisions-and that's where most risk hides.
What this means for your team right now
- Audit your data inputs. Separate actual transactions, permits, and construction milestones from listing noise.
- Standardize your comparables. Apply consistent rules for property attributes, time adjustments, and listing de-duplication.
- Adopt an AVM as a first pass, not a final answer. Use it to shortlist comps and flag anomalies; keep professional judgment in the loop.
- Track pipelines, not just prices. Monitor new developments, stage progress, and absorption to anticipate local supply shifts.
- Close the feedback loop. Feed final deal terms and settlement prices back into your models to sharpen future valuations.
- Push for cleaner market plumbing. Support moves toward a central transaction register and listing standardization.
Bottom line
Awards are nice. Daily, decision-grade data is better. Ask Wire's recognition signals a shift: real estate choices in Cyprus and Greece can be made with fewer assumptions and more facts-if we invest in the right inputs and keep pressure on market transparency.
"Accuracy and transparency of information constitute a fundamental and increasingly necessary change," Loizou said. That applies across residential, commercial, banking, and public-sector decisions.
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