Global Reit – First Ever Blockchain Based Real Estate Investment Model

With the fast-growing demands for housing facilities, there is no denying that the real estate sector is a rising gem in most economies. However, stakeholders in this sector haven’t been able to maximize their benefits due to numerous difficulties that keep emerging with the current centralization systems of operation. It’s even more difficult if one wants to invest in a foreign land where restrictive measures in place make it almost impossible to penetrate the market. The exploitation also spreads to funds access. Therefore, there is a need for the world to come up with a long-lasting solution that could cushion investors from these kinds of real estate investment risks. One of such modern-day solution is Global REIT.

What Is Global REIT?

Global REIT offers a digital investment platform for real estate enthusiasts and businessmen. It is a great opportunity for potential investors who find the process of investing in actual real estate markets to be too cumbersome. Global REIT offers a well-planned crypto investment program that can generate attractive returns in the form of dividends to the investors. To get the maximum returns from the most profitable real estate markets, it plans to acquire assets globally. Also, it aims to help property owners in finding an attractive marketplace for their assets.

PLATFORM COMPONENTS

The platform components work as follows:
Asset management module - This module lets investors check the list of assets listed on the platform with all the details.

Transaction module - The transaction module handles all API calls and checks all transactions.

Compliance and security module - The module serves to provide a 24/7 security level by implementing thorough industry standard checks and balances for all parties involved in transactions, ensuring that fraud is eliminated in the system. The system implements security measures and military-level protocols to ensure system reliability in addition to integrating third-party vendors with KYC and AML providers.

Features of Global REIT

Through real estate acquisitions and dealings, Global REIT proposes to offer a sophisticated crypto investment opportunity for its users. By buying the tokens people who wish to invest in the property market can be a part of Global REIT's blockchain framework. Mentioned below are some of the features that can make the investment more valuable.

✍️ By the names Fund Manager token and Asset token, Global REIT would be issuing dual utility tokens. These tokens allow the investors to receive a share in the returns from the Fund Management Company and the Asset Owning Company.

✍️ By means of stable bonuses, Global REIT aims to reward its crypto investors. Stable and regular returns are an important feature to look forward while investing in a real estate sector.

✍️ Global REIT has announced to offer its best investors with a yearly free stay. A luxury hotel in UAE which is worth USD 75 million will be the first acquisition of this. Investors who purchase 5000 tokens or more will qualify for this free stay offer.

✍️ The Fund Manager token holders would receive an initial return of 2% of the total assets under management. This would reduce annually by 0.25% for the first 3 years. Thereupon it would be 1.25%.

✍️ The asset token holders would be rewarded in the form of the return on investment in its first acquired asset. This would be equal to 8% per annum of the total asset value.

ICO Information

Contributors will receive both Global REIT (GREM) and (GRET) tokens, which are two different utilities.

The main ICO for GREM tokens will start on June 1, 2018 and will end on June 30, 2018. Total of 21,428,000 (GREM) tokens with a total supply of 200,000,000 available during the main sale, representing 10% of the total (GREM) supply. A hard cap of 5,000,000 is set for this period.
The main ICO for GRET tokens will start on June 1, 2018 and will end on June 30, 2018. There are a total of 4,500,000 (GRET) tokens with a total supply of 75,000,000 available during the main ICO. A hard cap of 15,000,000 is set for this period.

📌 $0.70 USD = 1 GREM Token
📌 $1 USD = 1 GRET Token

Tokens can be purchased with USD fiat, Bitcoin, or ETH.