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Global REIT [GREM / GRET]

Welcome my friends to a new interesting ICO today and let’s see their great idea:

Earn from Property. Enjoy instant, monthly dividends

Global REIT is the principal ever Blockchain based Sharia-consistent REIT to be propelled in the market. It is putting forth speculators introduction to worldwide land markets without the need of getting a whole property and move the administration and consistence commitments to the store administration. Worldwide REIT will obtain resources beginning from U.A.E. what’s more, quickly enter properties in wards around the world. The main Asset under Management (AUM) will have a Net Asset Value (NAV) of USD 75 million and the aggregate portfolio estimation of Global REIT is anticipated to achieve USD 10 billion by end of 5 years.

The project vision

At Global REIT the group expect to make genuine expansion over different land resource classes to empower clients to put flawlessly into a wide resource sponsored portfolio.

The group vision is to not just alter the REIT business inside centered locales and topographies, however to make an assorted and lively stage for resources from numerous REITs over the globe to connect to, opening a rush of cross-speculation potential and openings around the world. To empower this vision, the group have constructed a world class hearty stage on the Ethereum blockchain, utilizing the qualities of smart contracts to make custom resource tokens (GRET).

The Global REIT stage, at its center, capacities to issue land resources and convey profits to all members and speculators. The center modules that empower this are:

  1. The Asset Management Module
  2. The Compliance and Security Module
  3. The Transaction Module

The project key benefits:

Global REIT will take a shot at an indistinguishable system from a conventional REIT yet will offer extra advantages including:

  • Future access to every one of its Assets under Management (AUM) beginning with free remains each year in its first Hospitality Asset
  • Reward focuses will be offered in the Loyalty Programs appended with its AUM. These focuses can be utilized to profit free administrations up to a specific point of confinement.
  • The Asset arrangement of Global REIT will incorporate resources procured all inclusive dissimilar to customary REITs which has forced confinements in this angle
  • Token holders of Global REIT will profit by their cooperation in the ‘Reserve Management Income’ too which isn’t offered by customary REITs
  • Token holders of ‘Benefit Owning Company’ will be paid profits month to month dissimilar to customary REITs

Global REIT will make utilization of Blockchain and will bear some significance with the accompanying:

  • A crypto financial specialist searching for stable profits
  • A crypto financial specialist trying to put resources into land resources
  • Real Estate Asset holders hoping to exit into a fluid market in the crypto area
  • REITs who might want to exploit an effectively settled square chain system

The project tokens:

The ICO will be organized in a way that every financial specialist will be issued 2 tokens:

  • Global REIT Fund Manager (GREM): The profit on the GREM Token will at first begin at 2% of NAV and will lessen to a most extreme of 1.25% of NAV as the Global REIT develops.
  • Global REIT Asset Token (GRET): The profit on the GRET Token will be a stable 8% of the speculation made in the AUM.

The token holders of GREM and GRET will get future access to all Assets Under Management (AUM) of Global REIT.

The Project Roadmap:

2017

  • Concept design & development

2018

  • Company formation
  • Blockchain technology platform
  • Presale & crowdsale
  • Acquisition of 1st asset in U.A.E – Hotel Asset of approx. USD 75 million
  • 1st Divident distribution
  • Acquisition of 2nd asset in U.A.E – Residential Building
  • Acquisition of 3rd asset in U.A.E –  Shopping Mall
  • Acquisition of 4th asset in U.A.E – Hotel

The Project Team:

Global REIT has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.

  • Ali Tumbi  – Founder
  • Paul Christodoulou – COO
  • Vijay D. Vyas – Director Acquisitions
  • plus the Global REIT team & advisers

Finance:

  • Token: Global REIT
  • Abreviation: GREM , GRET
  • Platform: Ethereum
  • Accepting: BTC, ERC-20
  • Total supply: 200m GREM & 75m GRET
  • 1000 USD = 3571 GREM tokens & 750 GRET tokens

More info:

Tokens Sale availability:

  • Start date: 1.Jun.2018
  • End date: 30.Jun.2018

 

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Project verified by Amazix.com – Worlds’s leading community management & engagement firm

About the author (BTC profile)

My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.

Your donations are highly appreciated. MEW address:  0x70912D44a60D099ECac3Ea568aEeB1dDCa2BA3A5

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