Lisa Smart Leasing Platform Launches In South Africa
Lisa Smart Leasing Platform Launches In South Africa. 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.
Rael Levitt, founder and CEO of Inospace, announced Lisa’s breakthrough market entry today and confirmed that Inospace has entered into a three-year license agreement for Lisa to manage its half-a-million-square-metre property portfolio.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.
“Inotech was launched in 2021 to market and lease our high-volume multi-tenant property portfolio. Leasing-focused technology was a game changer for Inospace, making it one of the fastest-growing private property owners in South Africa’s challenging commercial property market,” says Levitt. “Responding to demand for our proptech platform from other property funds, Inospace sold it to Lisa so that we could focus on being a last-mile logistics property owner and 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.Valued at around US$20 million, Lisa recently raised over US$2 million in new funding. Buffet Investments, backed by South African property billionaire Jonathan Beare, led the initial funding round.With 30 years of property experience and an established passion for tech, Levitt will join the company’s international board alongside Lisa’s Dutch CEO, Hein Pretorius.
Pretorius says, “Inospace is a great example of a property player using technology to grow its business through a vastly improved leasing ecosystem. We believe Lisa’s products will rapidly be adopted in South Africa and key European markets.”
