Global REIT: An Opportunity for other REITs

stazhao (61)in #crypto • 6 years ago

Real estate investment has always been considered very profitable but at the same time it is associated with a lot of hassles and a number of regulations need to be fulfilled. One has to take care of all the formalities not just at the time of purchasing an asset but as long as the asset remains in the possession of that owner.

Global REIT has made the real estate investment much easier and more profitable. It has combined the real estate investment portfolio with blockchain and has come up with an innovative concept which removes the hurdles for a common investor and provides an opportunity of a permanent income on monthly basis. Global REIT can actually also help other REITs that are not on the blockchain.

Other Real Estate Investment Trusts can now enter a blockchain mechanism with the help of an already established forum. Blockchain technology offers security and transparency to investment in real estate. It also makes it possible for anyone to have an investment return from real estate. REITs that are not on the blockchain do not have these benefits. Global REIT can offers its technology as a service to them. Real estate investment already takes a lot of legal work and formalities and having to move all this investment on to blockchain will be only more work for companies that want to start the process anew.

Partner Up...

Other REITs can even become token holders and trade their properties for tokens. This can be very useful when other REITs want some liquidity for more investments or are going insolvent. Global REIT is an open investment channel so anyone can be a part of it. Other REITs won't need to develop their own blockchain technology and then transfer all their assets on to it. Instead, Global REIT is available as a solution for them to partner with.

Global REIT is committed to offer the global investment opportunities in real estate sector. The company will acquire the assets globally starting from UAE where the first acquisition will have net value of US$75 million then expanding the global acquisitions and the expected portfolio will reach US$10 billion over the next 5 years.