With the increase in global population everywhere seems to be filling up. Most especially with new areas being urbanized and developed for the rural-urban migration settlement. This has made the real estate investment as an industry soar high and also prove to be a credible gold mine. In 2015, when oil price fell globally, investors had to diversify into the real estate investment sector. It has indeed been a very favorable platform for building wealth and amassing great Return on investment (ROI).
The real estate investment sector has indeed proved to be a sector that will keep enriching investors and bring positive returns while helping the economy.
REAL ESTATE, REAL BARRIERS.
Each business has it’s shortcomings or associated problem. Some of the problems the real estate is facing differ from country to country. Most of the real estate business model or system is yet to evolve as investors are still used to their old business model which comes with different barriers.
These barriers include; limited access to property fund investment (most especially for foreign investor’). Access to capital, such as mortgage and the likes, tax and levy while not forgetting Land use charge in some countries. All this has been the barriers that have made the real estate industry not realized it’s targeted expansion.
REAL ESTATE INVESTMENT TRUSTs
The real estate market officers in order to reduce the risk and put atop to the barriers listed above, decided to come up with the Real Estate Investment Trusts(REIT) to provide investors with each alternative investment moves.
The REITs will be a means of renewing long term investment plan. Also, income generated by the REITs will be distributed to its shareholders(Members who belong to the REITs)
GLOBAL REIT AND THE BLOCKCHAIN TECHNOLOGY
Being in a digital age where cryptocurrency are gradually stealing the show, the Blockchain technology has served as the backbone for cryptocurrencies to facilitate secure and anonymous transaction. Every business startups now use tokens for fundraising and operating a decentralized business model or platform.
The REITs in a bid not to be left out the digital revolution came up with the move of tokenizing the REITs by introducing the Global REITs (GREITs). The GREITs token will be an infusion of Blockchain technology and REITs. The GREITs won’t change it’s method from the known conventional way, but rather offer more benefits which include, payment of dividends to the GREITs token holder, reward points in loyalty program and removal of restrictions on investment.
BENEFIT OF GREITs
GREITs will offer a lot of investment benefits to its holders which include, Blockchain technology, sensitization, smart digital transaction among members and offer exposure to investors about fund management. It will also create a platform for cryptocurrency owners to invest in stable dividends, landed properties ad allow then to buy real estate assets. This will be so easy for cryptocurrency holders as GREITs is making use of a Blockchain framework that has been materialized already.
In final words, the GREITs will be offering dual utility token to it’s subscribers during it’s ICO. These include the GREITs fund managers token and GREITs assets token. The GREITs is believed to hold a promising future.
TOKEN SALE INFORMATION
The Pre-ICO sale Started on 1st May 2018 and ended on 31st May 2018 with 57,857,143 Grem tokens at $0.070 per token and 12,150,000 Gret tokens at $1 per token. (29%)
The Public ICO started on 1st June 2018 and would end on 30th June 2018 with 21,448,571 Grem tokens at $0.070 per token and 4,500,000 Gret tokens at $1 per token. (11%)
USEFUL LINKS
You can read and get more information about globalreit.io using the following links below:
Website: http://globalreit.io
Whitepaper: http://globalreit.io/front/whitepaper/Global-REIT.pdf
Telegram: https://t.me/GlobalReit
Bitcointalk Bounty Thread: https://bitcointalk.org/index.php?topic=3293399.0
Author's Bitcointalk Profile Link: Author’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1900615
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