GlobalReit – smart investments in real estate

icotelegraph (60)in #cryptocurrency • 6 years ago

Investment into real estate has become one of the most widespread ways of earning: it’s reliable, it’s passive, and it’s profitable. However, the regular investment models practiced today pose serious entry barriers. There are a myriad of regulations to comply with, as well as financial aspects impeding the process. For instance, if you want to purchase a foreign real estate asset, together with huge capital, you should search for a local partner, because financial contribution by foreigners is prohibited or restricted by the vast majority of jurisdictions. It goes without mentioning taxes, registration burdens (and its cost), risks and vulnerabilities conditioned by financial situation in the region and so on. Moreover, the type of estate funds can be restricted, which limits the choice and access to the capital.

What is REIT?

Real Estate Investment Trusts (REITs) serve as a new way of estate investment. A REIT is an entity that can belong to one or several people, and own or finance for-profit real estate projects. The key peculiarities of a traditional REIT include:

Such platform is used for investments in the long run;
The income is acquired through the rent of the real estate, and interest is earned by financing the estate assets, or via the sale of assets;
The most part of the income of the platform is distributed to shareholders as dividends;
Public REITs serve as a liquid investment.

What’s the connection between REIT and cryptocurrency?

Blockchain and cryptocurrency, as digital assets based on it, are becoming modern buzzwords. The blockchain is viewed as the potential market and economy disruptor, and now is being implemented into different spheres of our life, including real estate. Blockchain and cryptocurrency is a groundbreaking combination that can drive progress in any type of business thanks to cost reduction, fast settlements, and high transparency.

Want the proof? Global Reit is the point in case!

How is GlobalReit different?

GlobalReit is the unique REIT with underlying blockchain technology that gives investors the possibility to enter the world property market without need to acquire the whole asset and passing control and obligations to the association management. The integration of blockchain will bring about the following benefits:

The access to the managed assets in the future. It will start with free stay every year in the Hospitality Asset.
Rewarding in the frames of the Loyalty Programs, which includes free services.
Purchase of assets globally (unlike with other REITs that impose geographical restrictions.
Participation in the fund management and income distribution (which isn’t offered by regular REITs);
Monthly dividends for contributors.

What’s the plan?

“How come I won’t have to acquire an entire asset? How will jurisdiction problems be solved?” – you may ask. In fact, GlobalReit team has already cared about those things for you. What the creators of GlobalReit plan are to purchase the assets in United Arab Emirates (initially) and deal with jurisdictions in different countries. The first purchased asset under management will be worth $75 mln, while the overall portfolio of GlobalReit is expected to grow to $10 bln in the upcoming five years. The contributors will be able to buy two types of tokens – fund management token GREM, and asset currency GRET.

The holders of GREM tokens will start earning 2% of AUM, and the income will subside by 0.25% annually ceasing at 1.25% during the first 3 years. The income will be shared before any expenditures connected with the operations take place. GRET tokens owners will enjoy a permanent ROI of 8% on the 1st acquired asset. The income will also be paid before expenses on operations.

Why investing in GlobalReit?

What’s your interest in GlobalReit? This project is definitely worth consideration, if:

You are a cryptocurrency investor who wants stable revenue.
You want to invest in real estate.
You’re willing to enter the liquid market of crypto.
You want to reap benefits from an already existing blockchain framework.

Bottom line

Those who have decent stores of money and are searching for innovative ways of investment should definitely pay attention to GlobalReit – it is set to rock the boat of the REIT sphere. There are no geographical limits, and the monthly income promises to compensate for expenses pretty quickly. The public sale will be launched soon, and contributors have a chance to purchase GRET and GREM tokens for available prices (crypto and fiat currencies are accepted). There’s no 100% warranty that the scheme proposed by GlobalReit team will work but the fact that this is a blockchain-based project with a well-thought plan adds trust to the company.

Author: https://bitcointalk.org/index.php?action=profile;u=993461

#blockchain #ico #globalreit