REIT Global - REIT based Blockchain
Global REIT works on the same mechanism as traditional REIT. REITs as you know offer dividends to its unit holders based on Asset revenue under Management. Each customer will receive 2 tokens when subscribing "- GREM - GRET Both GREM & GRET tokens are a utility token & will grant access to all Assets under Management in the future.Where token holders will receive discounts and benefits.RT REIT welcomes its customers to participate both in Fund Manager (GREM) returns as well as revenue on Assets under Management (GRET).
About REIT Global
GLOBALREIT IS THE FIRST FIRST REFERER FOUND
• This is the first crypto-based REIT launched in the world.
• GlobalREIT works on the same mechanism as traditional REIT
• REITs as you know offer dividends to its unit holders based on Asset revenue under Management.
• Each customer will get 2 tokens when subscribed - GREM & GRET. Both GREM & GRET tokens are a utility token and will grant future access to all Assets under Management. Where token holders will receive discounts and benefits.
• Global REIT welcomes its customers to participate both in returns of Investment Managers (GREM) as well as revenue on Assets under Management (GRET).
• GRET will pay dividend every month to its customers.
• GRET has its first asset guaranteed with an 8% yield for several years on first acquired asset as dividend.
• The first assets worth USD 75 million are located in The Palm Dubai, UAE
• Global REIT is open to REITs around the world who want to utilize an already established chain-block framework and enter the crypto domain by contributing to their help and joining Global REIT.
REITS
Real estate investing is an increasingly profitable method of wealth building, and there are many ways for individuals to invest in real estate. However, the traditional real estate investment model has big barriers to entry. They create a heavy burden in regards to the financial and regulatory aspects attached to them and make unfeasible investments for most potential investors. For example, if you want to own real estate assets in a foreign country, in addition to the significant capital needed to buy the asset itself, you usually need to include local entities as investment partners because investments by foreign investors are limited in most jurisdictions. You must also comply with all legal requirements including but not limited to taxes, accounting and liabilities
ongoing registration that has significant costs associated with them. Furthermore, there are restrictions on the types of property funds investors can invest, limiting options and developers access to capital. Foreign direct investment also has a vulnerability attached to it in terms of macroeconomic and macroeconomic conditions in each country.
To reduce this risk and overcome investment challenges, the market offers Real Estate Investment Trust (REIT) as an alternative investment vehicle. REIT is a trust, company or association that owns, or finances income generating real estate and may be publicly listed or privately owned.
Blockchain Technology
One of the most talked about topics in the financial services industry today is the blockchain and is the biggest market annoyance today. Originally designed to facilitate, authorize, and record the transfer of bitcoin and other cryptocurrencies. Cryptocurrency is digital money that uses blockchain technology to facilitate secure and anonymous transactions. Today's statistics show the crypto currency market capitalization at US $ 502.375,504,565 with block chain technology functioning as its backbone. This combination is increasingly linked to industries with anticipation to revolutionize traditional approaches to business and gain benefits including cost reductions, faster settlement and increased transparency.
About REIT Global
REIT Global Vision is to create a portfolio of global real estate investments that will offer additional benefits than traditional REIT by establishing REIT into Block Chain Technology. Global REIT will start offering its investors at its base in Dubai, UAE and then expand rapidly around the world. Companies are looking at cryptocurrency investors who want to invest simultaneously in real estate and earn regular dividends and, real estate holders who want to get out into the liquid market anchored by cryptocurrency, as their primary target to participate in the REIT Global platform.
Global REIT is the REVI that corresponds to the first Shiger-compliant launched in the market. It offers investors exposure to the global real estate market without the need to acquire entire properties and shift management and compliance obligations to fund management. Global REIT will acquire assets ranging from UAE and quickly enter property in jurisdictions around the world. The first asset under Management (AUM) will have a Net Asset Value (NAV) of USD 75 million and the total value of Global REIT's portfolio is projected to reach USD 10 billion by the end of 5 years.
Utility Token
GREM and GRET token holders will gain access to the future for all Assets in Management (AUM) from REIT Global. Regarding Hospitality Assets, token holders with at least 5,000 GRET or GREM tokens can benefit from a free stay each year. Furthermore, the reward points will be offered in the Loyalty Program attached with AUM and these points can be used to take advantage of free services to some extent. Another utility for GREM token holders is those with a minimum token of 100,000 ICO having the option to sell their real estate assets to Global REIT and enter the liquid market within the crypto domain. These tokens can be purchased from the Fund Manager (GREM) or from the Open Market. The completion of the acquisition will be made in the crypto currency and the capital base will be open.
Blockchain Infrastructure for REITS
At Global REIT, we aim to create true diversification across different classes of real estate assets to enable users to invest seamlessly into a broad asset-backed portfolio. Our vision is to not only revolutionize the REIT industry in focused region and geography, but to create a diverse and dynamic platform for assets from REIT range around the world to connect, opening up a wave of potential cross-investments and opportunities worldwide. To enable this vision, we have built a world-class strong platform on the Ethereum blockchain, leveraging the power of smart contracts to create specialty asset tokens (GRET). GRET tokens are based on the ERC20 standard, thus making them fully tradable on all tokenplatform exchanges, opening up trades that are fast, simpler, cheaper, and more secure than traditional REITs. This allows investors of all sizes to protect their risk not only in FIAT currency, but in real assets. In addition to GRET, our platform also allows secondary tokens on the ERC20 standard called GREM. These globally tradable tokens allow investors to take part directly in the GlobalREIT Fund Manager dividend, similar to how the traditional REIT is structured. Together, GRET and GREM offer turnkey solutions to revolutionize real estate investing, making it accessible to many classes of investors. For this token, ICO calculations have already begun.
A milestone
NOVEMBER, 2017
DESIGN & DEVELOPMENT CONCEPT.
JANUARY, 2018
COMPANY FORMATION.
FEBRUARY, 2018
BLOCCHAIN TECHNOLOGY PLATFORM.
MAY, 2018
PRE ICO.
JUNE, 2018
ICO PUBLIC.
JUNE, 2018
ACQUISITION OF ASSET 1 IN UAE
Hotel Assets Around. USD 75 million.
JULY, 2018
DISTRIBUTION DIVIDEND 1ST.
AUGUST, 2018
ACQUISITION 2ND ASSETS IN
UAE Home Building.
OCTOBER, 2018
ACQUISITION OF 3RD ASSETS IN UAE
Shopping Mall.
DECEMBER, 2018
ACQUISITION ASSETS 4 IN UK
Hotel.
Team
Apply as advisor
ADVISORS
Vladimir Nikitin
Strategic ICO Advisor
Nikolay Shkilev
ICO Advisor
Rumen Slavchov
ICO Experts and Advisors
Phillip Nunn
ICO Advisor
TEAM
Ali Tumbi
Founder
Paul Christodoulou
Chief Operations Officer
Vijay D Vyas
Acquisition Director - India
Behzad Khan
Chief Financial Adviser
Muhammad Waseem
DEVELOPER BLOKCHAIN
Babar Ahmed
HEAD TECHNOLOGY ADVISOR
FINANCE
Info Token:
Token: GRET
Peron: Ethereum
Type: ERC20
PreICO Price: 1 GRET = 1 USD
Price at ICO: 1 GRET = 1 USD
Tokens on sale: 16,650,000
Investment info:
Min. investment: 100 USD
Receive: ETH, BTC, Fiat
Distributed in ICO: 22%
Soft Hat: 5,000,000 USD
Hard hats: 20,000,000 USD
More info:
Website: http://www.globalreit.io/
Twitter: https://twitter.com/GlobalReit01
Telegram: https://t.me/GlobalReit
My bitcointalk:
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