As the world population increases, the need for shelter also increases. Every day, people buy and rent apartments or build houses, rental shops or build hospitals or schools. These are all different forms of real estate investment. Real Estate Investments have always been a profitable investment venture due to constant funds flowing into the sector by investors. However, due to some barriers to entry such as Investment capital, experience, lots of paperwork and legal procedures, it can be quite hard to know exactly how to go about investing so as not to mismanage your funds. In order to reduce the cumbersomeness, the REIT (REAL ESTATE INVESTMENT TRUST) was proffered as a solution.
WHAT IS REIT?
A Real Estate Investment Trust (REIT) is an organization that engages in financing and investing in real estate directly, either through mortgages or properties thus generating a high level of income, diversification and long-term capital appreciation for investors.
Since the blockchain technology came into existence in 2009, it has been applied to almost every industry. Well, I’m here to tell you that the real estate sector is not left out. The blockchain technology can also be integrated into the REIT systems through “GLOBAL REIT”.
GLOBAL REIT
This is the first blockchain based REIT system that absolutely complies with the sharia-law. Global REIT offers investors an opportunity to invest in global real estate markets without necessarily acquiring an entire property. Global REIT eliminates the pain points faced by the traditional REIT. Global REIT aims to connect investors from all around the globe using the blockchain thereby eliminating geographical boundaries. Global REIT will revolutionize the real estate investment by enabling investors to build up their portfolios without so much stress, thereby eliminating the obstacles posed by traditional REIT.
WHY YOU SHOULD INVEST IN GLOBAL REIT
- Investors are paid dividends monthly for owning tokens.
- Loyalty programs are given to investors which can be used to get free services from the platform within a stipulated time.
- Investors do not face any restrictions when they deposit funds due to the decentralization of data
- Investors who own minimum of 5000 tokens get free stays in its first hospitality asset which is located in Dubai, UAE.
- Investors do not have to use fiat to pay but use internal tokens to pay for transactions.
- Investors are allowed to participate in Global REITs Fund Management Income
THE GLOBAL REIT TOKENS
There will be two tokens in the Global REITs platform available to investors
- Global REIT Fund Manager (GREM) ; Income of GREM token holders will initially start at 2% of AUM and will reduce by 0.25 % annually over the first three years stabilizing at 1.25%
- Global REIT Asset Token (GRET); Income of GRET token holders will be a stable ROI of 8% per annum on its first acquired asset
TOKENOMICS
Token Ticker: GRET
Pre-ICO Price 1 GRET = 1 USD
1 GRET = 1 USD
Accepted Currencies; ETH,BTC, Fiat
Minimum investment 100 USD
Soft cap :5,000,000 USD (already met)
Hard cap :20,000,000 USD
TOKEN DISTRIBUTION
Global REIT Team Members:
Advisors
Conclusion
This project will be decentralizing the REIT system and enabling investors to make seamless investments while offering a reward system where everyone earns. The traditional REIT will be revolutionized. Real Estate Investment just got easier.
For More Information about Global REIT Project, please use the click links below:
Website: https://globalreit.io/
Telegram: https://t.me/GlobalReit
Reddit: https://www.reddit.com/user/GlobalReit01/
Medium: https://medium.com/@globalreit01
LinkedIn: https://www.linkedin.com/company/globalreit/
Facebook: https://www.facebook.com/GlobalReit-144007413076936/
Twitter: https://twitter.com/GlobalReit01
Bitcointalk: https://bitcointalk.org/index.php?topic=3293399.0
Author's Username; E4ourma
Bitcointalk URL; https://bitcointalk.org/index.php?action=profile;u=1819701