What is Global REITs and why it use blockchain technology?

in #cryptocurrency6 years ago

You might very well know that real estate investing is one of the favorable methods that help in building not only wealth but also paves a way toward potential real estate industries. But the traditional estate models contain some barrier that creates burdens in terms of financial aspect and regulatory that makes potential investors unfeasible. In order to mitigate the investing challenges and risks, market successfully proposes the Global REIT or Real Estate Investment Trusts. You will get to know about it in this article, so read the article till the end and know about the REITs.
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What is REITs?
It is a corporation, association or a trust that finances income or owns income so as to produce real estate that can be privately owned or listed publicly. Like the traditional REIT, the Global REITs also works on the similar mechanism but the only difference lies in the number of advantages or benefits to the real estate investors. Some of the key REIT features are-
• The long-term investment can be diversified through the REITs platform.
• The income of platform is generated from the interest earned by real estate assets, sales of assets or owned-assets portfolio.
• The shareholders get the 90% of the income generated by the platform in divided form.
• The publicly listed global REITs are a liquid investment.
• Why the REITs make use of blockchain technology
The Global REITs make use of the blockchain based technologies because of the following interests that are enlisted below-
• It provides stable dividends to the crypto investor.
• It provides opportunities to the crypto investors to invest in assets that they were generally seeking.
• The crypto investors can exit from the liquid market in the crypto domain.
• The advantages of blockchain are fruitfully availed by the REITs after establishments.
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The main vision of global REIT:
The main aim of the global REIT is to create an investment portfolio of the real estate’s that offers some of the additional benefits than the traditional REIT using the blockchain technology. It will get rapidly expanded worldwide after it begins to offer services to investors in Dubai and U.A.E. The investors who wish to indulge in the real estate investment simultaneously with the regular earning, plays a key participant in the global REIT. The ICO of this platform offers two utility tokens which are-
• Global REIT fund Manager Token or the GREM and
• The Global REIT asset Token
The above two tokens enable the investors or subscribers to get the share in asset owing company and fund Management Company that are attached to the utilities. For those who subscribe in the first and foremost tranches get the maximum number of benefits and bonus tokens. Some of the known currencies accepted are the Fait, bitcoin and Ethereum currency.
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Asset return:
The real estate investor gets the 8% yield locked for a period of five years on the 1st asset. 2% of AM is the income of GREM and it gets reduced every first three years. About 8% of Stable ROI on the 1st asset is provided to the token holder which is related to the incurred operations.
So, up to conclude the Global REIT thoroughly aims to uplift the real estate investor’s investments and provides them good asset returns.

Reach out to us on the following channels:

  1. Website: http://www.globalreit.io/
  2. ANN Thread: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
  3. Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf
  4. Telegram: https://t.me/GlobalReit
  5. Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1480320