Thursday, October 4th, 2018, Vilnius, Lithuania. Smartlands Platform, a global security token issuance platform, has entered a general collaboration with Colliers International, a top-tier global real estate services and investment management company. The goal of the collaboration is to explore the possibilities of securitizing real estate in a digital world in general and create a Stellar-based real estate tokenization project based on select properties.
“The global financial and commercial landscape clearly shows trillions of dollars worth of real estate ripe for tokenization. We at Colliers are positive that digital entrepreneurship of the new post-ICO era of security tokens will have a significant impact on redefining wealth creation, investing, fundraising, and a host of other Internet-based commercial activities. Colliers is pleased to cooperate with the Smartlands Platform who appears to have a perfect grasp on asset tokenization on Stellar,” said Ramune Askiniene, CEO of Colliers International Advisors in Lithuania commenting on the collaboration.
“Creating liquidity for a property of any kind was always a main challenge for the real estate industry. Also, legacy finance institutions rule the real estate space with an iron fist and are showing very little willingness to let up the pressure, adopt new technologies and embrace the Zeitgeist. Smartlands Platform approached Colliers International with a ready technological solution for tokenizing ownership of the real-world assets in a fully compliant legal framework, which instantly solves virtually all problems of the real estate industry,” said Arnoldas Nauseda, CEO of Smartlands Platform.
About Colliers International
Colliers International is a global leader in the commercial real estate with assets in sixty-nine countries. Over fifteen thousand Colliers International professionals are focused on leading trends giving investors, owners, and tenants real insights. In 2017 Colliers had managed over two billion square feet of real estate through sixty-eight thousand transactions worth $116 billion totaling $2.7 billion in revenue.
Colliers International Baltic States at a Glance (2017):
Comprised of 56 professionals
Number of projects advised 504
Total value of properties valued 4.5B EUR
Sold 515K sqm
Leased 186K sqm
Under management 45K sqm
About Smartlands Platform
Smartlands Platform is a Stellar-based global security token issuance platform that creates new opportunities for asset owners and investors on the Stellar network. The platform is designed for creating low-risk securities (security tokens) backed by real estate assets, agriculture assets and assets in other sectors of the economy. Smartlands Platform strictly adheres to KYC/AML requirements and legal framework established by SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), ECB (European Central Bank) and FCA (Financial Conduct Authority).