Global REIT – They Are Everywhere, They Say

in #blockchain6 years ago

When I first came across Global REIT, I thought to myself “Wow, really? I know about the crypto market, but REITs?”. Then I saw their logo “We Are Everywhere” and set out on a hunt to find out what they are all about, what they want to achieve, where’s the twist. And here’s what I found out.

They have a vision, and it is to impact the entire industry of real estate

“But impacting an industry on a global level is not that easy!”, my sceptical brain kept shouting. “It doesn’t happen overnight”, but the truth is, it actually depends on who is behind it, their ability to adapt and their will to bring a change when seeing that it is needed. Global REIT started putting a dream on paper - in words and graphs - in November 2017. That is when the concept took form and the founder, a great entrepreneur, gathered his team and started building the big bang in the real estate market. Ali Tumbi is a great leader and business owner who doesn’t just run a business because he wants to make money. He is driven, with an understanding of complex situations capability that exceeds expectations.

This is about creating a global real estate investment trust, a portfolio that offers more than the traditional REITs. Additional benefits come from the core of the Blockchain technology the platform Global REIT is actually based on. Dubai is the gateway between the Middle East and Europe, regarding trading, but concerning technology, it is so much more than that and at such a higher scale than that. The 1st asset acquisition of Global REIT will be in Dubai, UAE, in that of a hotel asset of approximately $75M in June 2018. The first step to filling a beautiful portfolio of worldwide assets that is projected to hit $10B within the next five years.

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Mechanism of investment & return

The beauty of Global REIT also stands in the monthly dividends that are earned by the investors, but it is a twofold subject. The tokens offered by Global REIT have a dual utility as there will be GREM and GRET. GREM stands for “Global REIT Fund Manager Token” while GRET stands for “Global REIT Asset Token”. Hence, each subscriber will get two types of tokens that automatically get them shares in the GREM returns as well as the GRET returns. There is a bonus offered in the Pre-ICO stage which comes in four tranches. Of course, the highest bonus will be offered to the jackpot winners of the 1st May starting tranche! (PS: it’s a 20% bonus!) The dividends – first distribution being in July 2018 – will be paid in USD and USDT (Tether), while for subscriptions the most popular tokens are accepted: Ethereum (ERC-20), Bitcoin (BTC) and FIAT Currency. No excuses, ladies and gentlemen. Global REIT truly is everywhere!

Moving fast, the acquisition of the 2nd and 3rd assets come in August and October 2018 in UAE, as a residential building of approximately $225M and a shopping mall. The 4th asset will be a hotel in the UK and the acquisition being made in December 2018. Everywhere indeed. With huge potential, because of the trust it actually offers.

So no time wasting, go to Website, Telegram, ANN/Bounty Thread because the Pre-ICO sale starts on May 1st and the bonus tokens are waiting for you!

RobertT
BTT username: Lyd
BTT link: click here
Wallet: 0x5043d7f9b3140443d4cf1201ed74e4c03fff7fdb

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