Real Estate Investment Revolutionized with Global REIT

in #ico6 years ago

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Global REIT is a decentralized Real Estate Investment Trust based on the Ethereum blockchain technology.

Real estate has remained a great way to produce wealth for people for ages. Investors in real estate and real estate property owners can enjoy regular income from their property as well as long-term value appreciation of their property.

To take advantage of the real estate opportunity by investing in the real estate market, there are quite a number of ways through which individuals and companies can invest in the real estate market including residential properties and commercial real estate.

The challenge, however, is that these various ways of investing in real estate are not available to the common or average individual. There exists a huge barrier to entry which the average individual may not be able to surmount on their own.

One of the challenges includes the amount of money which are usually involved and required to close a real estate investment deal which the average person cannot afford.

Another challenge is regulation, which would usually require a real estate investor seeking to invest in a foreign property to go through the burden of incorporating a legal entity and also seeking a local partner for the purpose of making the real estate investment all of which makes it a burden for a greater number of investors who are interested in investing in real estate to make investments.

Potential real estate investors also face other challenges such as tax and accounting challenges, cost challenges, challenges with investment restrictions, and challenges of the prevailing economic situations in the host countries.

REITs Appear
For the benefit of those who may not understand the term, a Real Estate Investment Trust (REIT) is as the name states, a trust and also essentially a company or corporation which finances or owns real estate investments which in turn produce income for owners and investors in the trust or association.

Real Estate Investment Trusts (REITs) can be privately owned or can be listed on an exchange as a public entity.

It was an attempt to deal with these identified challenges with investing in real estate that the Real Estate Investment Trust (REITs) idea was created. Real Estate Investment Trusts (REITs) were created as an alternative investment vehicle for real estate investors.

The essential features of a REIT include:
 REITs are a way to diversify real estate portfolios.
 REITs provide regular income for investors in the form of dividends.
 REITs make money through rent from its owned real estate assets.
 Income generation via assets sale.
 Privately held REITs are usually controlled by associations and individuals.
 Privately held REITs are not liquid.
 Public listed REITs are liquid and offer ease of exit for investors.

Global REIT to the Rescue
Global REIT is leveraging the blockchain technology to create a truly digitalized Real Estate Investment Trust (REIT).

Global REIT would offer the following game-changing advantages for real estate investors:

 Global REIT Token holders would receive monthly dividends unlike what is available with traditional Real Estate Investment Trusts.
 Global REIT is offering Fund Management Income for their Token holders which are also not available with traditional REITs.
 The real estate assets of Global REIT would include assets across the globe unlike the jurisdiction restriction of the conventional REIT.
 Reward points for Token holders in the Global REIT Loyalty Program.
 A viable crypto alternative for real estate investors.

Global REIT would also be setting the pace as the first Sharia-compliant REIT that would be launched on the back of the blockchain technology.

Global REIT Operations
The operations of Global REIT would be based in Dubai, in the United Arab Emirates.
With its operations, Global REIT would be offering investors access to the global real estate market by allowing them to join its decentralized tokenized Real Estate Investment Trust blockchain platform.

Global REIT would be starting its investment by first acquiring assets in the United Arab Emirates (U.A.E) after which it would expand its operations by making global real estate investments in jurisdictions worldwide.

The projections are that by the end of 5 years, the first Assets Under Management (AUM) of Global REIT would have a Net Assets Value (NAV) in excess of $73 million (U.S. dollar).

The total portfolio value is also projected to grow to $10 billion (U.S. dollar) by the end of 5 years.

Income for Global REIT Subscribers
Global REIT’s first asset would be secured on an 8% yield which would be locked in for 5 years. The income for subscribers on the platform would depend on the token which the subscriber holds.

For subscribers who hold the GREM Token, their income would initially be starting at 2% of the Asset Under Management (AUM). The income would then reduce by 0.25% annually over the first three years. The income for GREM Token holders would thereafter stabilize at 1.25%.

The income of GRET Token holders would be a stable Return On Investment (ROI) of 8% per annum for its first acquired asset.

These incomes are before any expenses related to the operations have been deducted.

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Token
Global REIT would be offering Dual Utility tokens to its subscribers. The tokens are;

  1. The Global REIT Fund Manager Token (GREM) and
  2. The Global REIT Asset Token (GRET)

The Global REIT Dual Utility tokens would be of the ERC20 standard and can be traded on all global exchanges listing the coin. The accepted currencies for the token sale are Ethereum (ETH), Bitcoin (BTC), and Fiat Currency.

The dividends on the Global REIT platform would be paid in USD and USDT (Tether).

Conclusion
Real Estate Investment Trusts (REITs) has been very remarkable in the business of investing in real estate by having a wider reach than the previously available real estate investment models.

Global REIT has come to change the game of investing in REITs through its decentralized Ethereum blockchain technology.

A digitalized Real Estate Investment Trust deserves the due consideration of every investor.

Website – https://www.globalreit.io
Whitepaper – https://www.globalreit.io/front/whitepaper/Global-REIT.pdf
Telegram – https://t.me/GlobalReit
Twitter – https://www.facebook.com/GlobalReit-144007413076936/
Facebook – https://twitter.com/GlobalReit01
Bitcointalk ANN – https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Bitcointalk Bounty – https://bitcointalk.org/index.php?topic=3352552.0

Author - Coltpython

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I love thos project

This is interesting. So money going to move around the globe

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