Newly-launched uTenant portal the Airbnb of commercial leasing industry

uTenant was recently featured in MHD Supply Chain News, being hailed as the Airbnb of the Commercial Leasing industry.

A new online platform called uTenant offers a cost-effective alternative to commercial agents for Australia’s freight, logistics and warehousing industry – drawing comparisons to services such as Uber and Airbnb.

“uTenant is intended to disrupt the commercial leasing industry like Uber has for taxis and Airbnb has for holiday accommodation. For tenants, the web-based portal will curate a list of available properties based on their specific size, location and preferred term of lease amongst other things, and connect them with landlords to arrange inspections, negotiate terms and sign a lease,” explains uTenant Founder and Director, Matt Sampson.

uTenant is an online commercial property portal that streamlines finding, inspecting and leasing warehouse space for tenants, whilst amplifying property visibility for landlords, helping them to source tenants and lease space cheaper and faster.

The brainchild of entrepreneur and former commercial leasing agent Matt Sampson, uTenant puts tenants and landlords in direct contact and provides a confidential, transparent, cost- and time-effective alternative to the old way of leasing space.

“With uTenant, we have reimagined how industrial warehouse space is leased, providing significant advantages and savings for the two most important parties to the transaction – the tenant and the landlord,” says Sampson.

How uTenant works

1. Tenants enter their specific requirements into the uTenant portal
2. uTenant curates a tailored list of suitable properties, which have already been validated as legitimate
3. Tenants shortlist preferred properties and arranges inspections directly with the landlord or through uTenant
4. Inspections take place and direct tenant-landlord negotiations commence
5. On conclusion of a lease, standard fee payable to uTenant by landlord, with uTenant sharing a percentage of this with the tenant (fee sharing n/a in NSW)

Published: 10 June 2018

Originally published by MHD Supply Chain News on 3 April, 2018. Click here to read the feature on uTenant in MHD Supply Chain News.