Chaos Group has opened the beta for new V-Ray for Unreal Engine that allows to bring V-Ray scenes from 3ds Max, Maya and SketchUp directly into the Unreal Editor and connects the best of real-time and ray tracing.
On August 31st 2015 Unreal Engine developers brought to the market the release of huge update pack for the software.
This updates include hundreds different features connected to collision, particle system, archi-viz applications and many many other.
The Unreal Editor is a fully integrated suite of tools for building every aspect of your project. Advanced features include physically-based rendering, UI, level building, animation, visual effects, physics, networking, and asset management.