GGg
There is a huge number of new investors coming into the real estate business. This is because real estate is one of the most lucrative businesses in the world right now. People can become exceptionally rich with little investment in no time. But of course there is a bad side to direct investment in real estate which could turn a supposed success story to that of regrets. Some investors do not posses money, time and the right knowledge to manage their assets. And the lack of these things can make real estate investment a sad s story.
The good news is that there is a type of investment that can put you into the real estate arena without buying a fixer-upper or searching for decent tenants...
And this investment protects you from many of the dangers that come with investing in real estate directly.
If you're an investor who's looking to hedge risk and still make a profit in real estate, a real estate investment trust (or REIT for short) may be an excellent choice for you.
That’s why REITs have managed to attract so many investors. They facilitate a stream of profits without the day to day of actual real estate ownership. They also minimize investors' risk.
Investing in the private real estate market presents more legal risk and also higher costs and maintenance. Investors are often accountable for their whole investments, which is time-consuming.
For investors who want to capitalize on real estate but remain hands off, REITs offer profits in controlled environments.
What is REIT
The acronym REIT stands for "real estate investment trust." A REIT resembles a mutual fund, although it holds individual properties rather than stocks or bonds. The REIT's management team takes responsibility for acquiring and managing the real estate that it owns.
Investors buy shares in REITs with the goal of receiving rental income on the properties and participating in price appreciation. The advantages of investing in real estate through a REIT include getting exposure to a diversified portfolio of properties and not having to manage them yourself.
Global REIT
Global REIT is the first kind of REIT platform on the blockchain. According to the information in the whitepaper, ''Global REIT is the first ever Blockchain-Based Sharia-Compliant REIT to be launched in the market''. It operates like the traditional REIT system but this one is on the blockchain. Another sweet thing about Global REIT is that it will give dividend on a monthly basis
Global REIT in long to interest the following types of people:
Crypto Investor
A crypto investor looking for stable dividends on a monthly basis and seeking to invest in real estate assets using crypto currencies
Real Estate Asset Holders
Real Estate Asset holders looking to exit into a liquid market in the crypto domain
• Each investor into Global REIT 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
ICO DETAIL
TOKEN INFORMATION
DEVELOPERS
ROADMAP
NOVEMBER, 2017: Concept design and Development
JANUARY, 2018: Company formation
FEBRUARY, 2018: Blockchain technology platform.
MAY, 2018: Pre ICO
JUNE, 2018: Public ICO
JUNE, 2018: Acquisition of 1st asset in the U.A.E (Hotel Asset of approx. USD 75 million)
JULY, 2018: 1st dividend distribution
AUGUST, 2018: Acquisition of 2nd asset in U.A.E (Residential Building)
OCTOBER, 2018: Acquisition of 3rd Asset in U.A.E. (Shopping Mall)
DECEMBER, 2018: Acquisition of 4th asset in U.K(Hotel)
For more information, visit GlobalREIT, ANN page, and read the technical Whitepaper Join the Community on Telegram, Twitter, and facebook
This article is Authored by
BTT Username: crypticyasu
https://bitcointalk.org/index.php?action=profile;u=2136963