Choosing a perfect location is one of the most important decisions one has to make for their business. The location of a business can foretell its success or failure. Renting, selling, or buying a perfect property is one of the most fatiguing tasks. 

The definition of a perfect location or property for business varies from business to business. For instance, if you own a supermarket, the best location would be near the road or a place where you can find good traffic. A road with good traffic is an ideal location for supermarkets. 

A Norwegian startup called Plaace is here to solve all these problems. Plaace is a matchmaker for rental spaces and businesses. The platform assists businesses in finding the perfect location and also helps the landlords in finding the right tenants. This article will give a closer insight about this application Plaace, the services they offer and their pricing. Continue reading to know more! 

What is Plaace?

Plaace is a data-driven platform that connects businesses with the best rental spaces. The company leverages external data sources and analysis to assist retail property owners, tenants, and brokers in defining plans, matching candidates, and collaborating, allowing commercial properties to reach their full potential and providing renters with the greatest possibilities for success. 

The platform is free to use, and they have aggregated retail spaces from major real estate corporations, smaller partners, and private individuals to give you more options. You can build a business profile to make communication with property owners easier and show them where you wish to expand. Data insight are also provided by the platform, allowing you to select the location that will maximise your revenue potential. 

To reach your target consumer group and to maximise your company’s income possibilities, selecting the right neighbourhood and retail space is vital. Furthermore, the expenses of an unsuccessful retail site are substantial – data and information such as purchasing patterns, competitive situations, and people movement help to lower the risk of making a poor decision.

Now that you know what Plaace is, it is time to look at the services it offers. 

What are the different services offered by Plaace?

Services Provided To Tenants 

Profile to attract prospects

With Plaace, you can create a profile to put all the necessary information about the location. The profile will include unique qualities about your business and will mention the areas where you are looking to expand. 

Data Insights

The platform will provide you with data insights about competitive situations, neighbourhoods, and the spending patterns of citizens. These data insights will help your business succeed. 

Explore Retail Spaces

With Plaace, you can explore several retail spaces for rent in areas that fit your needs. The property profiles on a platform contain all the information you need to assess and choose the right one. 

Services Provided To Landlords

List your retail spaces for free

With Plaace, you can advertise your rental spaces to relevant retail tenants and save your time as you only receive serious inquiries from relevant companies. 

Data Insights

The platform will provide you with data insights about competitive situations, neighbourhoods, and the spending patterns of citizens. These data insights will help your tenants succeed. 

Explore Tenants

On the platform, you can see retail tenants’ space requirements and the proposed expansion plans. The platform makes it easy to choose the business that suits your space. 

Now that the services have been covered, let us look at the pricing and the packages that Plaace offers to its users. 

Pricing and Packages

The company has two paid plans and a free plan for its two services. The two services sold by the company are: 

  • Retail, Dining and Services
  • Property Manager

Let us have a glance through each one of them.

Retail, Dining and Services

Free Plan 

The free plan offers: 

  • A list and overview of all available retail and dining establishments.
  • Promote your concept with one-of-a-kind concept profiles.
  • Insights of relevant areas 

Small Expansion Plan and Large Expansion Plan 

With the Small Expansion Plan and Large Expansion Plan : 

  • You can get detailed analytics of where, how, and when people move in particular areas with Telia.
  • You will get regular updates from Vipps/BankAxept about changes in trading patterns. 
  • You can get customer access and demographics at the district level from SSB.
  • You will get competitive scenarios with turnover in each branch. 

The Small Expansion Plan is for companies with 1 – 20 locations, and the Large Expansion Plan is for companies with 20+ locations. The platform offers its subscription plans on a quarterly and yearly basis. The annual subscription plan is comparatively cheaper than the quarterly plan. 

If you like any of its given plans, then you can book a demo and test their services. 

Property manager

Free Plan 

With the Free plan:

  • You can advertise an unlimited number of retail locations
  • You can create unique property profiles.
  • You can get insights into relevant areas.

Small tenant search plan and Large tenant search plan

With the Small tenant search plan and Large tenant search plan: 

  • You can see all tenants expanding to your area 
  • You can use data to determine a match with the potential tenant
  • You will get insights into movement patterns and demographics of who moves in the area, from Telia
  • You will get daily updates about trading patterns from Vipps / BankAxept. 

The Small tenant search plan is for companies with 1 – 20 locations, and the Large tenant search plan is for 20+ locations. These subscription plans are also offered on a quarterly and yearly basis. If you like any of its given subscription plans, you can book a demo and test the quality of their services. 

Conclusion

Finding the perfect location or the right tenant can be an exhausting process, especially for people with limited knowledge about the property. A platform like Plaace is a boon in such situations. Thus, if you are a landlord/property manager looking for the right tenant or a business looking for an apt property for your store, then this is the platform you need.