Global REIT is the first ever Blockchain-Based Sharia-Compliant REIT to be launched in the market. It will start with a Net Asset Value (NAV) of USD 75 million and will reach USD 2 billion by end of 3 years. The first ICO will take place with 90 million coins for sale. The investment made by token holders will be invested in tangible assets which will generate income for all shareholders.
VISION
Vision of Global REIT is to create a global real estate investment portfolio that will offer additional benefits than a traditional 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 platform.
BRIEF DESCRIPTION
Global REIT is the first ever Blockchain based Sharia-compliant REIT to be launched in the market. It is offering investors exposure to global real estate markets without the necessity of acquiring an entire property and shift the management and compliance obligations to the fund management.
Global REIT will acquire assets starting from U.A.E. and rapidly 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.
The ICO of Global REIT will offer Dual Utility tokens to its subscribers –
Global REIT Fund Manager Token (GREM) and
Global REIT Asset Token (GRET)
This means that each subscriber will get share in the Fund Management
Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens. In the Pre-ICO stage, bonus tokens are offered to subscribers in 4 tranches with the maximum bonus tokens given to those subscribing in the 1st Tranche.
Ethereum (ERC-20), Bitcoin (BTC) and Fiat Currency will be accepted for subscription to these tokens and in return, the dividends will be paid in USD and USDT (Tether).
GLOBAL REIT AND BLOCKCHAIN TECHNOLOGY
Global REIT will make use of Blockchain and will be of interest to the following:
-A crypto investor looking for stable dividends
-A crypto investor seeking to invest in real estate assets
-Real Estate Asset holders looking to exit into a liquid market in the crypto domain
-REITs who would like to take advantage of an already established block chain framework
- Token Distribution Plan
•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 REIT
- 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 .
- ROADMAP PLAN
OFFICIAL INFORMATION :
Website : https://www.globalreit.io/
Whitepaper : https://www.globalreit.io/front/whitepaper/Global-REIT.pdf
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3341986
Telegram : https://t.me/GlobalReit
Twitter : https://twitter.com/GlobalReit01
Facebook : https://www.facebook.com/GlobalReit-144007413076936/
Medium : https://medium.com/@globalreit01
Linkedin : https://www.linkedin.com/company/globalreit/
Reddit : https://www.reddit.com/user/GlobalReit01/
written by Budi691 : https://bitcointalk.org/index.php?action=profile;u=1001016
eth : 0x343553E9296E825E6931EDc5b163bDA39515c731