Draft:Sidespace
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|  |
| Type | Private |
|---|---|
| Industry | Real estate technology |
| Founded | 2012; Melbourne, Australia |
| Founder | Simon Hanlon |
| Headquarters | , Australia |
Area served | Australia |
Key people | Simon Hanlon (founder and managing director) |
| Services | Online commercial property marketplace |
Sidespace is an Australian online commercial property marketplace based in Melbourne. Founded in 2012 by Simon Hanlon, the platform connects businesses looking for office, industrial, retail and other commercial space with landlords and agents. It is free for tenants and earns success-based fees on completed introductions.[1][2]
History
[edit]Sidespace was established in 2012 by Simon Hanlon, a former commercial lawyer, with the aim of making the leasing and purchase of commercial property faster and simpler than through traditional agencies.[1] Early coverage in 2015 grouped the company with a wave of Australian marketplace and "sharing economy" start-ups seeking to disrupt established sectors.[3][4]
In October 2023 the company sought an equity injection to expand its technology and marketing, publicly targeting A$12 million in annual revenue by 2026.[5][2][6]
Business model
[edit]Sidespace operates a marketplace covering serviced and flexible offices, conventional commercial leases, and industrial, retail, medical and development property. Owners, landlords and agents list at no cost, and the company charges success-based fees when an introduction leads to a completed transaction. A concierge service matches a tenant's requirements to available space.[1][2]
Funding and backers
[edit]The company's investors have included Patrick Grove, founder of Catcha Group; Gilles Blanchard, a co-founder of the French property portal SeLoger; Mathew Care, chief executive of Digital Classifieds Group; and Chad Stephens, a co-founder of 1Form and Fillr.[6][2][5]
Clients
[edit]Landlords and developers that have listed space through Sidespace include Dexus, BlackWall, The GPT Group, Pellicano and Goodman Group.[1]
References
[edit]- ^ a b c d "Sidespace: Taking on Australian giants in rising commercial real estate market". AIM Group. 29 December 2023. Retrieved 29 July 2026.
- ^ a b c d "Aussie Commercial Portal Sidespace Seeks A$2.5 Million Investment To Challenge Market Norms". Online Marketplaces. Retrieved 29 July 2026.
- ^ "Move over Airbnb and Uber, here come Divvy and Sidespace". The Sydney Morning Herald. 17 November 2015. Retrieved 29 July 2026.
- ^ "Democratising commercial leasing". EZ Australia (ezaustralia.news) (in English and Chinese). 27 November 2015. Retrieved 29 July 2026.
- ^ a b "Patrick Grove-backed proptech seeks equity injection". Street Talk. The Australian Financial Review. 17 October 2023. Retrieved 29 July 2026.
- ^ a b "Patrick Grove-backed proptech firm Sidespace seeks $1.6M funding". TNGlobal. 19 October 2023. Retrieved 29 July 2026.
Category:Real estate companies of Australia Category:Australian companies established in 2012 Category:Online marketplaces of Australia Category:Property technology companies Category:Companies based in Melbourne
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