Global REIT - $3 TRILLION of Assets

in #cryptocurrency6 years ago (edited)

                      

Introduction
Real Estate Investment Trusts (REIT) is the greatest wealth and savings to people. As the market of real estate becomes more popular to some investors day by day. In 2016 REIT reached its value of $3 trillion in US alone. Investing in real estate is more complicated than investing in cryptocurrency and stocks. But real estate is a low volatility marketplace and gives you big gains. So what are these complicated problems in real estate?

1. Regulations
2. High transactions and tax costs
3. Slow process
4. Risk of Fraud
5. Complications of cross-border transactions

But a financial group called Global REIT is taking a next step forward to real estate investing by removing the barriers as it create onerous burden in terms of regulatory and financial aspect. The group plans to create a global real estate investment that will offer additional benefits than traditional with the power of Blockchain.


What is Global REIT?
Global REIT is the first ever blockchain based on REIT to be launch in the world. It works on the same mechanism as traditional REIT that has public sharing structure that offer dividends to its holders based on income of its assets under the management of Global REIT.


Why Global REIT?
1. Rewards 

  • REIT works just like any staking tokens as it rewards its token holders monthly. The subribers will get two tokens, GREM and GRETT. GRET has its first asset secured at 8 percent  per annum on its first acquired asset as a dividend. The first AUM is valued at 75 million US dollars, located at the Palm Dubai, in the United Arab Emirates. While GRETT is designed to provide dividends monthly to all of its subscribers. 


2. Global Scale

  • The group aims to expand on global scale. Attracting the assets and investors with this next step evolution to old tradition of REIT as it eliminates the barriers. The team is currently planning to buy an asset worth of $75m in Palm Dubai, UAE that will provide income asset for the token holders.


Conclusion
As REIT becomes favorable to investors reaching over $3 trillion worth of assets as this REIT market is a low risk and big gains investment. The Global REIT manages to optimize this market in favor to all investors by removing the barriers and giving a huge benefits to its investor.


Contact
Website: http://www.globalreit.io/
Blog: https://medium.com/@alt.estate
Facebook: https://www.facebook.com/GlobalReit-144007413076936/
Twitter: https://twitter.com/GlobalReit01
Linkedin: https://www.linkedin.com/company/AltEstate
Telegram: https://t.me/GlobalReit
Ann Thread: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf
Bounty Campaign: https://t.me/GlobalREIT_Bounty


Written by:
Bitcointalk: Amalgamation
https://bitcointalk.org/index.php?action=profile;u=2083380
Twitter: @cryptozxc
ETH: 0xe9f0E4Ef2494d57cd556d87043f66948A716A76E 

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