INTRODUCTION
What is REIT?
Reit is Real estate Investment Trust and according to Investopedia, can be defined as any Company that owns, operates or finances income-producing real estate. Not just any real estate company can qualify as a REIT mind you, for one to qualify, it has to meet certain regulatory guidelines.
REITs most times can be traded as stock on major exchanges and this provides investors with a liquid stake in Real Estate.
Now many of us that take part in online Businesses most times wish to also invest in real estates etc. But we most times don't have the experience or courage to venture into the unknown. This can act as a barrier to our investment plans. another barrier is the fact that there are also a lot of regulations and of course the financial aspect of trying to jump these hurdles.
These were some of the reasons traditional REITs were established: to help in mitigating these risks and burdens.
Now enters the Blockchain.
Most of us reading this are already Blockchain lovers and enthusiasts ( If you're not, what are you waiting for?) Now Imagine getting a REIT in conjunction with the Blockchain. I can already picture you nodding in interest like I am.
- Are you a crypto investor but looking to branch also into real estates?- are you a crypto investor looking for a stable dividend monthly? You might be a Hodler or a trader and you know how the market can be. having a stable dividend is a sure way to give your mind rest (LOL)
- Are You a traditional real estate investor but you want something exciting and more liquid in the crypto space?
Then, You're welcome to GLOBAL REIT.
Global Reit is a Company based in Dubai which we can mostly agree is one of the forerunners in the Real estate industry meaning the team will have enough hands-on experience in the sector. Global Reit will begin its journey in Dubai and then extend to other parts of the world.
"Global Reit is the first ever Sharia complaint Reit to be launched in the market"
If you're looking for an advanced REIT that is Blockchain complaint and is sure to give you peace of mind knowing your funds are safe, then guess who you can trust for that? Your guess is as good as mine!
Global Reit is believed to reach 10 Billion USD by the end of 5 years, and honestly, I can definitely see that happening.
Away from me trying to convince you why you why this an awesome project with words, and actually give you facts about why you should invest in GLOBAL REIT.
REASONS TO INVEST
1 - Do you like traveling and would like to stay in nice places in awesome cities for free? You are in the right place. As an asset or token holder, You can get access to all the AUMs (Assets Under Management) for free. With its very first hospitality asset.
2 - Global Reit will offer Loyalty programs and being that we like free things that are awesome, LOL, they would be giving out points which can be used to claim free services, but to a certain limit. (sign me up please)
3 - If you get paid dividends monthly for basically doing nothing, would you be interested? Imagine this scenario; You are somewhere exotic cruising on a yacht (or Lambo) and you get an alert that your dividends from Global REITs have been paid. What a life!! Wel,l Global Reit is promising to do just that. (bar unforeseen circumstances).
4 - This is also a fund management Income which token holders will also benefit from.
So many Benefits that I'm tempted to quit my day job after buying all Global REITs tokens (LOL).
THE ICO
"The ICO of Gloreit (I feel I'm now a part of this to have an endearing name for it.) will offer Dual Utility tokens to its subscribers"
GREM - GLOBAL REIT FUND MANAGER TOKEN
GRET - GLOBAL REIT ASSET TOKEN
This means that each subscriber will get shares in the fund management company (GREM) returns, and the asset-owning company (GRET) returns besides the utility attached with both the tokens.
Dividends will be paid in USD and USDT (Tether).
I'm sure by now you would be itching to get this token and would want to know how the dividends will be distributed. Well you can check out the white paper here for detailed Information.
CONCLUSION
This is one Token you wouldn't want to miss at this early stage because after the ICO stage you will not be able to get it this cheap anymore. The Project is solid with both Blockchain and Traditional backings. There is no way both would fail. The team looks solid with real experience in both worlds. The future growth plan is amazing and I'll surely be invested in this because I definitely want to grow along side Global REIT and be a part of something massive and mind-blowing. You don't want to miss this. Don't even dare. :)
PARTNERS
IMPORTANT LINKS
WEBSITE - https://www.globalreit.io/
TELEGRAM - https://t.me/GlobalReit
ANN THREAD - https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
MY BCT USERNAME - FAITHCLIN
BCT LINK - https://bitcointalk.org/index.php?action=profile;u=1674854;sa=summary
ETH WALLET - 0x0f1107048442f098387870939687778A1FCF937B