Agriplay Expands Services Internationally with Savills Inc. as Exclusive Provider for Commercial Real Estate Services
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May 11, 2023 - TheNewswire
Agriplay Ventures Inc. and Savills Inc. have announced an exciting new partnership that marks the beginning of a fruitful and important relationship between two industry leaders. This new collaboration will see Savills Inc. provide international representation for Agriplay Ventures Inc. and act as a service provider for its national and international territorial licensees.
The partnership will enable Agriplay to leverage Savills' extensive network of real estate professionals and comprehensive real estate services to expand its reach and accelerate its growth. Savills is currently assisting Agriplay and a number of its territorial licensees with expert site selection, consulting, and brokerage services including the negotiations for acquisitions and direct leasing of approximately 9 million square feet of vacant commercial office and retail premises. Under this partnership, Agriplay and its territorial licensees are provided expert services through Savills’ network of representatives and partnerships spanning each province or state in Canada and the United States and internationally around the world. Savills has implemented a streamlined process to evaluate locales and properties, new partnerships, and developments for presentation to Agriplay and its Licensees.
Paul McKay, Senior Managing Director at Savills Calgary, remarked, "We are thrilled to be partnering with Agriplay Ventures Inc. and to help support their innovative vision for urban farming technology. Agriplay's proprietary technology and approach to adaptive reuse of commercial real estate assets is both practical and cutting-edge, making it one of the most exciting developments in the industry today. Their solutions are changing the real estate industry, the agricultural industry and are going to provide tangible benefits to the grocer, the consumer and the environment. Most importantly, they are solving major issues in food security and the availability of fresh, more nutritious produce to the populations they serve by designing the system for massive benefits on a hyper local scale. Imagine the benefit of having consistent and dependable availability of fresh produce year round to consumers (simply from a health and nutrition standpoint). This partnership is a win-win for both companies, as we work together to create value and bring sustainable solutions to the commercial real estate market."
Dan Houston, President and Founder of Agriplay, said, "We are excited to partner with Savills and bring our unique approach to urban farming technology to even more markets around the world. The relationship will help accelerate our growth, provide valuable site selection expertise and turnkey commercial real estate consultancy including a major undertaking to identify and procure ideal facilities and accommodate growth opportunities across North America and the globe. Savills has an obvious passion for this cause and can see the benefits to the commercial real estate, finance sector, as well as the various material ESG benefits to the end users."
Savills is a global real estate services provider listed on the London Stock Exchange. With an international network of over 700 offices and associates and circa 40,000 staff throughout the Americas, the UK, Continental Europe, Asia Pacific, Africa and the Middle East, offering a broad range of specialist advisory, management and transactional services to clients all over the world.
Agriplay Ventures Inc. of Calgary, Alberta is an elevated, urban farming technology company that works with territory stakeholders in commercial real estate markets to dramatically improve asset value through the conversion and adaptive reuse of commercial real estate assets into productive indoor farms for local operators. Using proprietary technology, Agriplay uses advanced power management, automation, and artificial intelligence to leverage, augment, and transition local labour to service local demands for food.
For more information: Agriplay Media / media@agriplay.com