GLOBAL REIT (GLOBAL REAL ESTATE INVESTMENT TRUST) ICO

Investment into real estate has become an increasingly favourable method of building wealth, there are many ways for individuals to invest in real estate.

Traditional real estate investment models has however immense barriers to entry.

A REIT happens to be a trust, corporation or an association that owns, or finances income-producing real estate and they can be publicly listed or privately owned and this hopes to serve as an alternative investment vehicle that are able to help migrate risk and overcome investment challenges, market offers.

Basic Features of a Typical REIT System:

• It is a platform which will be used for diversifying a long-term investment portfolio.

• The income of a REIT system will be generated through the rent earned from its owned-asset portfolio, the interest earned by financing real estate assets or sale proceeds upon the sale of assets under management (AUM).

• A total percentage of 90% generated income by REIT will be distributed as dividend to its shareholders.

• The publicly listed REITs serve as a liquid investment vehicle.

THE RELATIONSHIP BETWEEN GLOBAL REIT AND THE BLOCKCHAIN TECHNOLOGY.

Global REIT will use the Blockchain and it will be of interest to the following individuals:

• Those crypto investors who are looking for stable dividends.

• Those crypto investors who are seeking to invest in real estate assets.

• Those real estate asset holders who are looking to exit into a liquid market in the crypto domain.

• The REITS who would like to take advantage of an already established blockchain framework.

The Vision of Global REIT.

The vision of Global REIT is to be able to create a global real estate investment portfolio which will be able to offer additional benefits when compared with a traditional REIT by intertwining REITS to the blockchain technology.

The successful ICO of Global REIT will be able to offer dual utility tokens to its subscribers, and they are:

• Global REIT Fund Manager Token (GREM)

• Global REIT Asset Token (GRET)

This implies that each of the subscribers will get a share in the Fund Management Company (GREM) and the Asset owning company known as (GRET).

TOKEN DISTRIBUTION for GREM.

A total of 57,857,143 GREM Tokens will be issued in Pre ICO.

A total number of 2,428,571 GREM Tokens will be issued in Public ICO.

A total number of 110,714,286 GREM Tokens will be retained by the Fund Management Company.

A total number of 10,000,000 GREM Tokens will be kept reserved for the Advisory Board of Global REIT.

DISTRIBUTION FOR GRET TOKENS.

A total number of 12,150,000 GRET Tokens will be issued during the Pre ICO.

A total number of 4,500,000 GRET Tokens will be issued in the public ICO.

A total number of 58,350,000 GRET Tokens will be issued to the owners of Asset, which will be the first asset to be acquired by Global REIT.

THE PROCEEDS for the UTILIZATION OF TOKEN.

GREM Tokens will have its Proceeds Utilization as follows:

The funds raised by sale of 79,28,714 GREM Tokens in both the pre and public ICO will be used by the FUND MANAGEMENT COMPANY to carry out their operations.

0.35% will be allocated to Sale and Marketing.

0.30% Fixed compensation for the team.

0.15 % will go to the Administrative expenses (i.e the office, IT, server, hosting, taxes, etc.)

10% will be for legal and regulatory expenses.

5% will be for Audit expenses.

• 110,714,286 Tokens which will be retained by the Fund Manager will be used in the process of asset acquisition in future.

• The 10,000,000 Tokens which will be reserved for Advisors will be used as remuneration for their services.

The Proceeds From GRET Tokens Will Be Utilized as Follows:

• The funds which will be raised by sale of 16,650,000 GRET Tokens in both pre& public ICO will be used to fund 22% of the total acquisition price of its 1st Asset under management.

• The balance which will be 58,350,000 Tokens will be used for settlement of the 1st Asset acquired by Global REIT.

The total number of registered Tokens for GREM will be 200,000,000.

The total number of registered Tokens for GRET will be 75,000,000.

The total number of tokens to be issued for GREM will be 79,285,714.

The total number of tokens to be issued for GRET will be 16,650,000.

The acceptable currencies for both GREM and GRET will be ERC-20, BTC.

The minimum number of tokens per subscriber for both GREM and GRET will be 1.

THE DETAILS OF THE PRE ICO FOR GREM.

The starting date will be 1st May, 2018.

The closing date will be 31st May, 2018.

The number of available Tokens will be 57,857,143.

The price per Token will be USD 0.070.

The bonus tokens will be made available.

THE DETAILS OF THE PRE ICO FOR GRET.

The starting date will be 1st May 2018

The closing date will be 31st May, 2018

The number of available tokens will be 12,150,000

The price per token will be USD 1.000

There is availability of bonus.

DETAILS FOR THE PUBLIC ICO.

THE PUBLIC ICO FOR GREM.

The starting date will be 1st June 2018.

The end date will be 30th June 2018

The number of available tokens will be 21,428,571

The piece per Token will be USD 0.070

The bonus token will not be available.

THE PUBLIC ICO FOR GRET.

The starting date is 1st June, 2018.

The end date will be 30th June 2018.

The number of available token will be USD 1.000.

The bonus token will not be available.

Source

Website: http://www.globalreit.io/

Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf

Telegram: https://t.me/GlobalReit

Twitter: https://twitter.com/GlobalReit01

Facebook: https://www.facebook.com/GlobalReit-144007413076936/

Ann: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1943421

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Keclin Kelvin

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