The move was confirmed by Rael Levitt, founder, and CEO of Inospace, who announced the breakthrough market entry of Lisa\u2019s innovative prop-tech solution. Under the terms of the deal, Inospace has entered into a three-year license agreement with Lisa to manage its extensive half-a-million-square-metre property portfolio. The smart leasing platform, valued at around US$20 million, has recently secured over US$2 million in funding, with Buffet Investments, led by South African property billionaire Jonathan Beare, at the helm of the funding round. Lisa\u2019s platform represents a significant leap forward in the prop-tech arena, offering a comprehensive suite of services to property owners, managers, brokers, and tenants. The platform\u2019s core product, Lease, automates lead-to-lease processes for multi-let property companies, streamlining and accelerating transactions. In addition, Lisa offers Market, providing automated marketing campaigns to property owners and brokers, and Engage, a tenant experience solution designed to enhance customer relationships. \u201cInospace\u2019s decision to sell its leasing-focused technology to Lisa reflects the growing demand for efficient, technology-driven solutions in the South African commercial property market,\u201d explained Levitt. \u201cOur smart leasing platform has transformed Inospace\u2019s operations, allowing us to be more agile and responsive to market demands.\u201d Lisa\u2019s platform provides real-time demand data, enabling property professionals to make informed decisions about leasing and asset management. With accurate demand-side data and automated marketing tools, brokers and asset managers can access premium content, including videos and floor plans, and execute deals with unprecedented speed and efficiency. Hein Pretorius, Lisa\u2019s CEO, expressed confidence in the platform\u2019s rapid adoption in South Africa and key European markets. \u201cInospace\u2019s success story exemplifies the potential of technology to revolutionize leasing ecosystems. Lisa\u2019s products are poised to make a significant impact on the industry.\u201d Lisa\u2019s core leasing and marketing services are already available in South Africa and are scheduled for launch in Europe in the second quarter of 2024. The Engage solution will also be rolled out in the first half of 2024, enhancing tenant experiences and strengthening customer relationships. This move signals a significant digital shift in South Africa\u2019s commercial real estate sector, as property funds increasingly seek out technology-driven solutions to reduce operating costs, increase rental rates, and foster closer connections with their customers. The integration of Lisa\u2019s innovative prop-tech platform is expected to further accelerate this transformation, ushering in a new era of efficiency and growth for the industry. Inospace is South Africa\u2019s largest owner of serviced logistics parks, offering a range of spaces complemented by logistics services. With branded rental products, SME-centric offerings, and flexible leases, Inospace has become a niche sector specialist with assets under management of R3 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a recent move set to shake up South Africa\u2019s commercial real estate landscape, Dutch-based technology platform Lisa BV is launching its smart leasing platform in the country. This comes after Lisa BV acquired the core leasing technology platform from Inospace, South Africa\u2019s largest last-mile logistics operator.<\/p>\n","protected":false},"author":12963,"featured_media":34515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-34518","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"\n