Real estate development markets have been observed to always grow in rapidity due to the fact that shelter is a necessity of live; however the growth and development strides of real estate in most countries specifically in developing countries have seen real estate sector growth at a higher rate than the economic growth rate of same country. An evidence of this is the increase in demand for affordable housing and low supply for affordable housing unit. Other challenges of real estate investment are inadequate secondary market, unenticing coupon rate, uncompetitive nature of share trading, absence of bond.
Experts have proffered solutions to the menace of real estate development deficit but any way it may seem, it all still boils down to adequate funding as a panacea for the success of real estate development. With this in view the real estate investment trust (REITS) seems more like a viable tool for the actualization of the full real estate potentials, at start it was designed to offer as same service as investment stock services to real estate investment. REITs provides a practical status of income producing real estate assets for investor, it facilitates and creates equity investments with yield and humongous capital appreciation. The REITs platform provides a high liquidation of assets rates with income that tax-free modification and the quest for continuity/efficiency birthed the global real estate investment trusts (REIT) with a little more of quality and sophistication than the previously existing traditional REITs platform because global REIT leverages on the power and abilities of blockchain technology. The real estate sector has a cryptocurrencies ( digital currency) as one of its means of asset that is not subject to tax devaluations of countries policies, Global REITS uses liquidity rate that is initiated by the use of grem & gret tokens. About 90% of all dividends or income generated from assets are equitably distributed to its shareholder. REITs creates a clear-cut difference between itself & previously existing traditional REITs by creating a global landscape for shareholder.
WHY USE CRYPTOCURRENCY?
It is currently the most powerful currency that is obviously unsceptible to devaluation, exchange rate fluctuations in this platform is monitored by an array of peer-to-peer web-based protocol with an encryption data string mechanism and the examples of cryptocurrencies that can be allowed within the REIT platform & ripple .
REIT TOKENS ASSET MECHANISM
(1) It requires a proof of asset ownership process
(2)It uses smart contracts to tokenize. Within its platform, with smart contracts a basis for trust e between two or more parties
(3) Global real estate investment trust secures fund using a platform of standardized models, it help a KYC (know your customer) policy & AML vendors with a huge threat resistance
(4) During transactions API & other interface modules provides interconnected around ur the world with a validation of its transactions with the REITs blockchain enabled platform.
CONCLUSION
The global REIT is on a part of a total overhauling of real estate investment across the world. it intends to use a roadmap plans that will start at concept design & development, development, company formation, blockchain technology mechanism, pre ICO,public ICO, acquisition of its first asset in U.A.E ( united Arab emirate) . It has been able to endure acquisition in 1st to ETH
THE LEADERSHIP TEAM
The success of every project is hinged on the quality of the team behind it. Global REIT has a team of experienced personel
ROAD MAP
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FOR MORE INFORMATION,
VISIT THE WEBSITE:
https://www.globalreit.io/
WHITEPAPER:
https://www.globalreit.io/front/whitepaper/Global-REIT.pdf
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dapero
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Eth Wallet Address:
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