Stakeholders

There are 8 types and +20 categories of stakeholders in Magma.

Owner

A person or company (entity) that owns the building. The Owner has full rights on Magma and he invites other Stakeholders to the platform. He can delegate his rights to the Asset Manager, if applicable. He is the only one able to partly or totally sell the Magma DTT® of his buildings

Asset Manager

An organization that is acting on behalf of the owner to manage the real estate assets. The Asset Manager is responsible of validating other stakeholders documents' and minting the DTT® when they are ready.

Property Manager

A Property Manager is in charge of marketing the property, screening suitable tenants, and handling the rental income and maintenance expenditure. It can be the guardian or superintendant of a building. It is responsible of validating documents.

Service Providers

Anyone duly authorized to provide a service to the building.

Categories of Service Providers:

• Attorney: A company or a person appointed to act for the building for all legal matters

• Brokers: Individual or firm that acts as an intermediary between the investor and a securities exchange

• Architect: A company that designs buildings

• Structural engineer: A company that designs the strength and stability of the building

• Plumber: A company that fits and repairs the pipes and other apparatus of water supply, sanitation, or heating systems

• Air conditioning Company: A company that installs and maintains climate control systems

• Electrician: A company that installs and maintains electrical equipment

• Landscape Company: A company that preserves lawns

• Cleaning Company: A company that cleans the building

• IT Company: A company in charge of information technology networks in the building. they oversee the use of devices, storing and retrieving information in the building.

• Internet provider: A company providing internet access to the building

• Water Provider: A public entity providing water to the building

• Surveyor: A company that examines the condition of the land and the building according to land registry for the purpose of valuation or measurement

• Appraiser: A company in charge of assessing the value of the building

• Interior Designer: A company in charge of designing and choosing the interior decoration of the building such as fixtures and equipment

• Accountant: A company in charge of analysing and keeping record of the financial situation of the building

Financial Institutions

The financial institution that finances the building. Financial Institutions can explore the DTT® and have access to some documents related to the Buildings.

Tenants

It is a person or a company who occupies land or property with a lease agreement. It would be asked to validate documents regarding the services provided to the building

Visitors

A person or a company who wants to share an experience in the building

Observers

A person that is not directly involved with the building management but needs information. Observers can explore the Magma with permission