DEVELOPING A BETTER AND MORE EFFICIENT REAL ESTATE SECTOR WITH GLOBAL REIT

in #blockchain6 years ago (edited)

Countries over the world have always been on the their toes in trying to give real estate investment opportunities, because an economy with a viable real estate sector implies that economy is viable too; overtime countries over the world have been seen to embrace the REITS ( real estate investment trust) because it's dynamic and very much efficient. REITS have always been known to give a high market clarity with regards to the method of taxation on all real estate entities & shareholders, it is used solely in most countries basically because it eschews a high level of tax certainty, transparency, flexibility and simplicity, and any economy with a REIT (real estate investment trust) sector possessing the above mentioned qualities will also have a lot of foreign direct & indirect investment coming in.

However, the REITS still grapples with an enormous challenge of inadequate investor knowledge & seemingly lack of support to the REITS from institutions. Most REIT over the world are failing because of the poor returns from all its underlying assets, other issues bedeviling REIT are opacity as regards to determining the exact returns to be gotten from underlying assets. The real estate investment trust market in most developing countries especially in Africa are still very much underdeveloped due to the harsh & incompatible government policies, income tax effect, restrictive legislation in trying to correct all this anomalies within the REIT sector.

Most countries have resulted to undergo major constitutional reforms on real estate investments that will effectively posit the real estate investment trust into a sector that can adequately offer & deliver a stabilized long-term investment value, attract enviable foreign portfolio investments, meet housing needs optimally & a holistically fast track infrastructural development & economic liability through diversification. However, even though the above might be seemingly effective it still requires a lot of technological sophistication that will not only compliment but make the real estate investment sector ( REIT) more viable than anyone can ever imagine.

The blockchain technology in its strides towards ensuring efficiency in various sector has also introduced a technology that can adequately give present & future solutions to all the challenges in REIT investment trust worldwide, it is unique because it uses a currency ( cryptocurrencies) that is the highest in value & can adequately withstand all domestic & international economic barriers. With global REIT ( real estate investment trust), globalization of reits is possible because users within its ecosystem are meant to use a tested & trusted grem & gret token as a way of initiating an effective liquidity rate. Within this blockchain enabled ecosystem over 90% of all proceeds gotten is equally disbursed to its ecosystem community. REITS ecosystem has been designed in a way that is devoid of racism, regional hindrance & imbalance, it is in other words a place for all investor with interest in real estate investment.

Every system that strives for viability & sustainability would be always be concerned with how it can meet that , global REIT uses an open peer- to- peer web-based protocol to prevent any form of market downturns & currency fluctuations. With its ecosystem there are always requirements of a proof of asset ownership , it is highly resistant to any form of threat because it uses Kyc ( know your customer) policy & AML . Global REIT ecosystem uses smart contract token mechanism to ease transactions & eschew a high level of security , if there is one thing that makes global REIT to stand out as an indeed globalized platform is its ability to carry the world along . This is only possible by its API ( application programming interface) & its ancillary models.

TOKEN INFORMATION
Global REIT offers two utility tokens in its ecosystem,each having its own total supply. With these tokens, holders will have access to all Assets Under Management of Global REIT.
The tokens are;
I. Global REIT Access Token (GRET) ,
II. Global REIT Fund Management Token (GREM).

CONCLUSION

With global REITS first kick starting in (UAE) united Arab emirates, it is indeed going to create a new dawn of a new era for real estate investment worldwide. With global REIT, blockchain & cryptocurrencies REIT just got better

MEET THE TEAM

PARTNERS

TO MORE INFORMATION ABOUT GLOBAL REIT

Join the Telegram Group: https://t.me/GlobalReit

Follow on Twitter: https://twitter.com/GlobalReit01

Follow on Facebook: https://www.facebook.com/GlobalReit-144007413076936/

Follow on Medium: https://medium.com/@globalreit01

Website: https://globalreit.io/

Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3293399.0

Bounty Thread: https://bitcointalk.org/index.php?topic=3352552.0

Author's Bitcointalk username -ijsera82
Author's Bitcointalk profile link - https://bitcointalk.org/index.php?action=profile;u=1569887;sa=account

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