GLOBAL REIT: REFORMING REAL ESTATE INVESTMENT THROUGH BLOCKCHAIN TECHNOLOGY

lollyk (35)in #blockchain • 6 years ago (edited)

INTRODUCTION

The fact that the value of properties appreciates with the volatility of share market has increased the popularity of real estate investment as a reliable method of wealth building. However, those interested in investing in real estate are faced with enormous barriers, they are either affected by regulatory procedures, financial requirements or statutory conditions.

To overcome this challenges Real estate investment trust was established as an alternative avenue for investment in real estate. They are an existing platform for spreading a long term investment. Investors receive dividend of up to 90% which is usually earned through rent and proceeds from sales of assets. However, the recurrent problems encountered in the operations of REIT gave birth to GLOBAL REIT.

GLOBAL REAL ESTATE INVESTMENT TRUST

The Global real estate investment trust is a block-chain technology applied to address the shortcomings in the existing real world REIT model. Investing in GLOBAL REIT will be of high value to
• Investors interested in real estate properties using cryptocurrencies
• Existing REIT’s shareholder who will like to benefit from an existing block-chain framework to enter into crypto domain
• Real estate shareholders looking for an avenue to enter into a liquid marketplace in the crypto domain

REVOLUTIONISING THE REIT INDUSTRY

Global REIT plans to achieve diversification across multiple real estate asset. This it hopes to accomplish by revolutionizing the real estate investment industry within selected regions and geographies. It plans to begin the acquisition of asset from united arab emirate before expanding to other jurisdictions worldwide

GLOBAL REAL ESTATE INVESTMENT TRUST PLATFORM

To achieve its vision, GLOBAL REIT has built a world class robust platform on the Ethereum block-chain, designed to influence the strength of smart contracts to create a custom asset tokens. Investors, irrespective of their financial capacity can hedge their risks in fiat currencies. Existing at its core are functions to allot real estate assets and allocate dividends to all its members. The underlying core modules in the Global REIT platform are:

Transaction module

This module is designed to manage calls between the interface and the real world. More so, apart from performing instructions from participants in its ecosystem, it also works with asset management module as well as the compliance module to validate all transaction carried out on its platform

Asset management module

This module is designed to be the backbone of the platform. It offers users an avenue to view market trends, asset features, listings, necessary information’s asset historical information. In desire to offer the best of service to all users (asset managers and investors), the module is designed to aid all parties in the system

Compliance module

To address the issue of fraud, the compliance and security module is designed to make the GLOBAL REIT an entirely secure and reliable platform for all parties to transact on

INVESTMENT STRATEGY

Global REIT plans to acquire asset based on its location and class. Some of the planned asset it will acquire are commercial properties, hotels, residential buildings and hospitals.

TOKEN DISTRIBUTION