GLOBALREIT

Introducing GlobalReit ICO, Global Real Estate Investment Trust

For high-value transactions such as real estate, it is vital to ensure the integrity and accuracy of the records in order to prove the rightful owner of the said property. These records are used to protect the rights of the asset owner in the event of theft, frauds or dispute. In fact, some of the biggest legal cases due to frauds or dispute revolves around real estate.

Other problems include the time required for the actual transfer to happen (months usually) and the integrity of the escrows being used in the process even though the escrow is meant to provide protection for the buyer and seller in the exchange.

Utilizing one of the applications of the blockchain technology called “smart contracts”, transfer of the property rights can be done swiftly when the terms between all involved parties have been agreed. The technology will also be able to provide traditional property registries with an easier and faster way of managing their records.

Despite the potential profits of the real estate market, buyers face numerous problems and limitations. Well, Here it come Instant Assets Tokens.

When you are investing, the goal is to put money to work today and allow it to increase 3x, 5x, or even 100x and more, so that the return you make is enough to cover the risk you take or taxes you pay. The same applies to real estate investment, however, there are some slight differences – it requires higher capital and it has less liquidity compared to fiat currency. Besides, there are always restrictions on foreign ownership, stringent financial regulations, and lack of transparency in the entire process that deter many potential investors. What if we can tokenize real estates and make it affordable and available to more people? Imagine a world where real estate investment is simple and transparent. This will be a dream come true for those who always wanted to invest in real estates and for real estates’ owner to get liquidity

Real estate investing is an increasingly profitable method of wealth building, and there are many ways for individuals to invest in real estate. if you want to own real estate assets in a foreign country, in addition to the necessary capital for the asset itself, you want to include local entities as investment partners in most areas of jurisdiction., the traditional real estate investment model has become an entry barrier. They have created an era of burden in terms of regulatory and financial aspects attached to them and making investments unfeasible for most potential investors. You must also comply with all legal requirements, including but not limited to tax, accounting, and ongoing registration obligations. Furthermore, there are restrictions on the types of property funds that may be invested by investors. Foreign direct investment also has vulnerability to macroeconomic and macroeconomic conditions in each country.

To mitigate these risks and overcome investment challenges, the market offer of Real Estate Investment Trusts (REITs) is 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 personally owned.

GLOBAL REIT IS THE FIRST EVER BLOCKCHAIN BASED REIT

• It is the first crypto-based REIT to be launched in the world.

• Global REIT works on the same mechanism as traditional REITs

• REITs as you know offer dividends to its unit holders based on the income of its Assets under Management.

• Each subscriber will get 2 tokens upon subscription — GREM & GRET. Both GREM & GRET tokens are utility tokens and will provide future access to all its Assets under Management. Where token holders will receive discounts and benefits.

• Global REIT is welcoming its subscribers to participate both in the Fund Manager (GREM) returns as well as the income on the Assets under Management (GRET).

• GRET will pay out dividends monthly to its subscribers.

• GRET has its first asset secured at 8% yield for multiple years on its 1st acquired asset as dividend

• The 1st Asset is valued at a USD 75 million located at The Palm Dubai, U.A.E

Global REIT is open to REITs worldwide who would like to take advantage of an already established block chain framework and enter the crypto domain by contributing their assists and joining with Global REIT.

The main features of typical REIT are:

• REIT is a platform for diversifying long-term investment portfolios

• Revenue from REIT is generated through leases obtained from assets owned

portfolio, interest earned by financing real estate assets or proceeds of sale

(AUM)

• 90% of revenue generated by REIT is distributed as dividend to

shareholders

• Publicly registered REITs are liquid investment vehicles

GLOBAL REIT – AN INTEGRATION OF REITS AND BLOCKCHAIN TECHNOLOGY
One of the most talked-about topics in the financial services industry today is blockchain and is the current biggest market disruptor. It was initially designed to facilitate, authorize, and log the transfer of bitcoins and other cryptocurrencies. Cryptocurrencies are digital money that use the blockchain technology to facilitate secure and anonymous transactions. The statistics as of today, show the market cap of cryptocurrencies at US $502,375,504,565 with block chain technology serving as its back bone. This combination is being further linked to various industries with an anticipation to revolutionize the traditional approach to
businesses and reap benefits including cost reduction, faster settlements and increased transparency.

GLOBAL REIT AND REITS
Global REIT will work on the same mechanism as a traditional REIT but will
offer additional benefits including –
• Future access to all its Assets under Management (AUM) starting with
free stays every year in its 1st Hospitality Asset
• Reward points will be offered in the Loyalty Programs attached with its
AUM. These points can be used to avail free services up to a certain limit.
• The Asset portfolio of Global REIT will include assets acquired globally
unlike traditional REITs which has imposed restrictions in this aspect
• Token holders of Global REIT will benefit from their participation in the
‘Fund Management Income’ as well which is not offered by traditional
REITs
• Token holders of ‘Asset Owning Company’ will be paid dividends
monthly unlike traditional REITs

How it Work





ICO Detail

The token holders of GREM and GRET will get future access to all Assets Under Management (AUM) of Global REIT. Regarding the Hospitality Assets, token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year. Furthermore, reward points will be offered in the Loyalty Programs attached with its AUM and these points can be used to avail free services up to a certain
limit. Another utility for token holders of GREM is that those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain. These tokens can either be bought from the Fund Manager (GREM) or from the Open Market. The settlement of such acquisition will be done in any cryptocurrency and the capital base will be open ended.

DISTRIBUTION OF TOKENS

GREM TOKEN DISTRIBUTION
• 57,857,143 GREM Tokens will be issued in Pre ICO
• 21,428,571 GREM Tokens will be issued in Public ICO
• 110,714,286 GREM Tokens will be retained by the Fund Management Company
• 10,000,000 GREM Tokens will be reserved for the Advisory Board of Global

GRET TOKEN DISTRIBUTION
• 12,150,000 GRET Tokens will be issued in Pre ICO
• 4,500,000 GRET Tokens will be issued in Public ICO
• 58,350,000 GRET Tokens will be issued to the Asset Owner of the 1st Asset to be acquired by Global REIT

Maybe just this, the reviews I made in terms of helping and telling everyone to, participate in the ICO or Bounty campaign they run today.

If there is any shortage in this review information, please forgive me for your inconvenience in reading or searching for Information, but do not worry I have provided a link you can visit, to find out more about the globalreit project, and surely you will get reliable Information from the team as well as the Founder of the globalreit project.

All information in great detail you can find on the website of the project globalreit There are also links to all social networks of the project, through which you can receive in detail and in time news and observe the process of development and establishment of the platform.

More Info:
Telegram: https://t.me/globalreit
Website: http://www.globalreit.io
Roadmap: http://www.globalreit.io/#roadmap
Whitepaper: http://globalreit.io/front/whitepaper/Global-REIT.pdf
Twitter: https://twitter.com/GlobalReit01
Medium blog: https://medium.com/@globalreit01
Bounty group: http://globalreit.io/bounty

author:salsa24

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