GLOBAL REIT – AN INTEGRATION OF REITS AND BLOCKCHAIN TECHNOLOGY.
There is a massive growth happening in the real estate investment market, the industry is one of the most lucrative ones in the world right now. There is a fast return on real estate investments and this is attracting alot of people into the business. Investors now see the potential of hitting it big in the real estate business.
Unfortunately, When it comes to real estate investing, not many people can follow in the footsteps of Sam Zell and President Trump…
Be it simple genetics or a lack of business savvy, most investors just don’t have the time, money, or knowledge that it takes to be among the best in the real estate game. And make no mistake: Without any one of those three things, real estate investing can be feast or famine.
As we have seen, the bursting of the housing bubble has bankrupted enough real estate geniuses to nearly topple the entire system. The good news is that there is a type of investment that can put you into the real estate arena without buying a fixer-upper or searching for decent tenants…
And this investment protects you from many of the dangers that come with investing in real estate directly.
If you’re an investor who’s looking to hedge risk and still make a profit in real estate, a real estate investment trust (or REIT for short) may be an excellent choice for you.
REIT AND GLOBAL REIT
REIT: A REIT is a company that owns and manages income-producing real estate. As I mentioned above, REIT stands for a real estate investment trust. REITs often trades on major exchanges like other securities and provide investors with a liquid stake in real estate. REIT offer dividend of proceeds to its holders based on the income of its assets under management. For investors who want to capitalize on real estate but remain hands off, REITs offer profits in controlled environments.
The blockchain offers many advantages to real estate, part of which is the development of Global REIT.
Global REIT is the first ever blockchain REIT. It operates on the traditional REIT system. Global REIT blockchain technology will benefit an investor in cryptocurrency that looks to earn a stable dividends over a period of time. or a crypto investor that seeks to invest in estate assets. And a real estate asset holder looking to exit into a liquid marketin the crypto sphere.
• Global REIT is welcoming its subscribers to participate both in the Fund Manager (GREM ) returns as well as the income on the Assets under Management (GRET ).
• GRET will pay out dividends monthly to its subscribers.
• GRET has its first asset secured at 8% yield for multiple years on its 1st acquired asset as dividend
• The 1st Asset is valued at a USD 75 million located at The Palm Dubai, U.A.E
Global REIT is open to REITs worldwide who would like to take advantage of an already established block chain framework and enter the crypto domain by contributing their assists and joining with Global REIT.
GRET AND GREM TOKENS
Global REIT has its pre-ICO scheduled to start from 1st May and ends 31st May 2018, during which it will offer Dual Utility tokens to its subscribers; Global REIT FundManager Token (GREM) and Global REIT Asset Token (GRET). This means that each ICO subscriber is entitled to a share in the Fund Management Company (GREM) and returns from the Asset Owning Company (GRET), besides the utility attached to each token. Publicly listed REITs will be liquid investment vehicles. Token holders of Asset Owning Company will be paid monthly dividends from their participation in the Fund Management Income, which is quite unlike traditional REITs.
GLOBAL REIT TEAM
The importance of high-value members in a small team with a global vision cannot be stressed enough. For the sake of the success of this project, 10 experts with many years of experience in business, large and small, real estate, finance, blockchain, of course, and technology, in general, joined forces to build this unique project on the market.
Medium blog: https://medium.com/@globalreit01
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BTT username: ranie