Mr Ajayi has been in real estate in Lagos Nigeria ever since he's known what's going on in the real world ,his Dad was a landlord and ever since he was a young man he has been assigned to collect rent on his father's properties and after the business was passed down to him He has successfully made the business even more expansive as he has acquired four more properties, but Mr Ajayi wants more expansion but not in Nigeria, he wants to own some assets in other countries with better markets in real estate, he has done his homework and realised that owning an assets or part of an assets or investing in Real estate investment trusts (REITs) outside his country will not be an easy task ,he has to meet a lot of requirements, cross lots of hurdles and endure a lot of inconveniences.
To begin with, a particular country of his interest will not allow him own a property without partnering with a local entity and then he has to pay higher taxes than the indigenous citizens which brings down his profit ,he also has to explain to people investing under him that the dividends will be paid half yearly and what will he do about some religious people investing with him about interest as dividends paid have to do with interest acquired from assets?,and also the stress of converting the local currency into US dollars before exchanging it for the country's local currency is also a source of concern to him, this list does not just stop, how can he manage all this? He thinks it's just not doable so he decides to throw in the towel.
Mr Ajayi doesn't have to give up, the solution to all the problems he's concerned about is here, the solution is the Global REITs platform.
This is a platform that integrates blockchain technology with REITs, this platform allows individuals anywhere in the world to invest in properties or part of properties in any location in the world, this platform allows individuals to bypass the processes and laws attached to owning assets in foreign countries, it also drastically cuts down the time required to acquire assets through the use of blockchain technology ,devoid of complex paper works,the platform also pays dividends to investors on monthly basis instead of the half yearly or yearly arrangements in other markets which helps to provide a constant stream of earnings throughout the year for the investor, the platform helps investors to bypass local currency exchanges that leads to time wastage and also has incurs costs by the use of cryptocurrencies to perform all transactions on the platform. Deals involving interest are not done on the platform which makes it the first Sharia compliant REIT in the market.
This platform's cryptocurrencies will be the Global REITs fund management tokens (GREM)and the Global REITs asset tokens (GRET),these tokens are utility tokens used to acquire assets or part of assets on the platform, asides from being utility tokens ,there are also profit share dividend tokens through which holders of the tokens are paid their monthly dividends.
The Global REITs platform is the REITs platform for now and the future,you should be a part of it.
For more information on the Global REITs platform,the GREM and GRET tokens visit,
Global REITs platform website
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