METAIN is proud to announce that we have now partnered with CBRE — The world’s largest commercial Real-estate services and investment firm.
This strategic partnership will provide value assurance for METAIN properties, always having an accurate valuation based on the evolution of the real estate market in Vietnam. Thereby ensuring stable growth of METAIN.
Different from most Tokens of projects on the current market. The REIT NFT of METAIN will be the asset-reference token. For those unfamiliar, asset-reference tokens are blockchain-based units of value that are pegged to real-world assets, more specifically in the case of METAIN, they are real estate owned by METAIN. They are a large subcategory of security tokens and allow users to hold ownership rights over a physical and tangible asset in a digital form. In other words, they enable people to own assets in a liquid form, and when redeemed, function as a tool to acquire valuable goods.
Through the above points, we can understand the important role of CBRE for METAIN. In order for the REIT NFT to be stable and tied to the real-world real estate market, a leading professional unit that provides regular valuation reports and analysis of properties is required. The purpose of this action is to ensure that METAIN’s REIT NFTs are not subject to price manipulation, and to ensure that the value of the REIT NFT is always accurate to the value of the property.
“CBRE Group Inc. — short for Coldwell Banker Richard Ellis — is the largest commercial real estate services firm and brokerage in the United States. The publicly traded company was founded in San Francisco more than a century ago, after a historic earthquake devastated much of the city in 1906. Known as Coldwell, Cornwall & Banker in its early years, the firm eventually shortened its name to Coldwell Banker.
Now 100,000 people strong and headquartered in Los Angeles, CBRE has an outsized presence in nearly every major market in the U.S. In New York City, the company employs 2,500 people and tends to lead the pack every year in signing major office and industrial leases. The brokerage has strong relationships with large institutional clients like city and state agencies and private companies with international footprints.”