The entry of Global REIT (Global Real Estate Investment Trust) is obviously a welcome development for the global audience who have been seeking for cryptocurrency investors with access to the real estate market.
Global REIT is another digital blockchain project that will promote e-commerce and the marketplace as it seeks to integrate orthodox real-estate investment with the blockchain. Notably, the platform activities are hinged on long-term investments whose income generation depends on rent collection, financing interests and sale proceeds from assets under management. Furthermore, the platform offers its users future access to all Assets under Management, with a liquid exit plan for Real Estate holders. Be it on the global scale or local investment in real estate, there is a more and more satisfactory and diverse process of wealth-building, even for individuals to invest in real estate. However, the conventional real estate investment systems have massive barriers to entry; they create challenging burden in terms of regulatory including financial aspects attached to them which makes investing unattainable for most of the potential investors.
This is where the Real Estate Investment Trusts (REITs) is playing a critical role To alleviate these risks and overcome investing challenges. REITs have been identified by critical experts of the blockchain space as an alternative investment facilitator. Basically, looking through the REIT project is conceptualized by a trust, corporation or an association that owns, or finances income-producing real estate and can be publicly listed or privately owned.
WHY GLOBAL REIT ON BLOCKCHAIN TECHNOLOGY
The answer to why Global REIT is leveraging on the blockchain technology is not far- fetched. The blockchain is the current biggest market disruptor; like we all are aware, it was from onset designed to facilitate, authorize, and log the transfer of bitcoins and other cryptocurrencies. 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. Hence the decision to leverage this technology to facilitate more robust result oriented platform
INSIGHT TO THE GLOBAL REIT PROJECT
As part of the cardinal objective of conceptualizing the Global REIT project, it was aimed at creating a global real estate investment portfolio that will bring about added value more than the conventional REIT by intertwining REITs to the Block Chain Technology. Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then rapidly expand worldwide. The company sees cryptocurrency investors who want to simultaneously invest in real estate and earn regular dividends and, real estate holders seeking to exit into a liquid market anchored by cryptocurrency, as their key targets for participation on the Global REIT space.
Simply put, Global REIT is the pioneer Blockchain based Sharia-compliant REIT to be launched in the marketplace. Reading through the semantics of the project shows that Global REIT is offering investors exposure to global real estate markets without the necessity of acquiring an entire property with the advantage of shifting the management and compliance obligations to the fund manager.
Looking at the bigger picture, Global REIT will procure assets starting from the United Arab Emirate and swiftly enter properties in jurisdictions worldwide. The first Asset under Management (AUM) will have a Net Asset Value (NAV) of USD 75 million and the total portfolio value of Global REIT is projected to reach USD 10 billion by end of 5 years- quite phenomenal.
WHAT MAKES GLOBAL REIT, TOP NOTCH?
Experts including newbies in the blockchain alike have described the global REIT as top-notch following numerous benefits associated with it. Global REIT is a method to invest in property without immersing yourself totally or advancing too much money. In fact, having tokens in both areas is attainable as they are two different arms of the same company so being involved in both does make a lot of sense. Essentially, if you possess more than 5000 tokens, then you will have access to stay free at the properties every single year as a reward. Furthermore, if you have more than 100,000 tokens, then you will also be able to sell them back to Global REIT; isn’t that top notch?
Global REIT operates on the similar instrumentality as customary REIT. The customary REIT we are all acquainted with offer dividends to its unit holders based on the income of its Assets under Management. By this, each subscriber will get 2 tokens upon subscription - GREM - GRET Both GREM & GRET tokens are utility tokens & 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)
INHERENT STRUCTURES OF THE GLOBAL REIT PLATFORM
Like we mentioned earlier, for the gluts of Global REIT platform members, they are given a number of tools to develop and enrich its functionality for better on-platform interaction and networking.
Taking a closer look reveals that the issuing of reward points across multiple Loyalty Programs on the Assets under Management (AUS) to access limited free services; A Global REIT asset portfolio that would include globally acquired assets and Gret and Grem tokens to enhance participation in the Fund Management Income and collection of dividends.
CONCLUSION
Global REIT is an impressive digital blockchain project helping people to invest in real estate, it has been adjudged THE FIRST EVER BLOCKCHAIN BASED REIT, Before we part, let us have a recap of the entire write up; It is the first crypto-based REIT to be launched in the world and works on the same mechanism as the conventional REIT. The project offers dividends to its unitholders based on the income of its Assets under Management.• Specifically for every subscriber, they get 2 tokens upon subscription – GREM & GRET which are utility tokens and will provide future access to all its Assets under Management where token holders will receive discounts and benefits.
Interestingly, Global REIT is receiving warmly its subscribers to take part in both the Fund Manager (GREM) returns as well as the income on the Assets under Management (GRET). GRET is expected to 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 the dividend. The 1st Asset is valued at a USD 75 million located at The Palm Dubai, U.A.E, and Global REIT is open to REITs worldwide who would like to take advantage of an already established blockchain framework and enter the crypto domain by contributing their assists and joining with Global Real Estate Investment Trust platform.
THE TEAM:
We cannot end this piece without commending the team that put together this revolutionary and innovative project starting from, Ali Tumbi, FOUNDER;
Vijay D Vyas, DIRECTOR ACQUISITIONS – INDIA; Behzad Khan, CHIEF FINANCIAL ADVISOR; Muhammad Waseem, BLOCKCHAIN DEVELOPER; Babar Ahmed, CHIEF TECHNOLOGY ADVISOR; Vladimir Nikitin, STRATEGIC ICO ADVISOR; Nikolay Shkilev, ICO ADVISOR; Rumen Slavchov, ADVISOR and Phillip Nunn, ADVISOR.
For More Insight into the Global REIT Project click on the links below:
Website: https://globalreit.io/
Telegraph: 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: Jannyh
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1883625
Ethereum Wallet: 0xE2b17b822aC373eD1ed5a0b6F06Ff8Fa878eD836