NEWS UPDATES & ANNOUNCEMENTS
PROPTECH : Game-changing Proptech smart leasing platform Lisa launches in SA
Dutch-based technology platform Lisa BV will launch its smart leasing platform in South Africa after acquiring its core leasing technology platform from Inospace , South Africa ' s largest last-mile logistics operator .
Lisa is a leasing , marketing , asset management and tenant experience platform for the commercial real estate industry . Its tenant-lifecycle leasing software helps property owners , managers , brokers and tenants align in a unified platform to execute leasing transactions . Several South African property companies have already contracted with Lisa , which is rolling out its solutions to listed and unlisted property companies with portfolios of more than 200,000 sqm and 200 tenants .
Rael Levitt , founder and CEO of Inospace , confirmed that Inospace has entered into a three-year license agreement for Lisa to manage its half-a-million-square-metre property portfolio .
Levitt says , it is a misconception that real estate owners are old-fashioned and resistant to new technology . " That is not our experience . SA property funds may have been slow to adopt new technology in the past , but they are embracing it like never before .
A significant digital shift in commercial real estate is disrupting the SA market , which , in a rising interest rate environment , is driving property funds to seek out technology that lowers operating costs , increases rental rates and brings them much closer to their customers ."
133 OCT / NOV 2023 Real Estate Investor Magazine