https://www.globalreit.io/
Global REIT is offering a blockchain based REIT, which is the first of its kind. It will function quite similarly to traditional REIT's and have monthly dividend payouts to the holders of tokens. REIT stands for real estate investment trust. These types of funds hold various real estate properties which generate income from things like rent. Some of this revenue is then paid out to investors for nice monthly income. REIT's are a great way to be invested in real estate without the hassle of having to manage and maintain your own properties.
Global REIT is going to start out with seventy five million net asset value. It has plans to increase this to two billion in about three years. Then initial coin offering from Global REIT will have ninety million coins up for sale. Investment proceeds from the sale will be invested in real assets that will earn income for investors.
There will be two different tokens that investors will receive. They are the GREM token (Global REIT fund manager token), and the GRET token (Global REIT asset token). The first asset acquisition will be a hotel asset in the U.A.E. on the manmade palm island. It is scheduled for June 2018. The first dividend payout is scheduled for July 2018. The GREM token will start out with a distribution of 2 percent, which will be lowered to 1.25 percent after three years. The GRET token will earn eight percent return on investment of the first asset before operating expenses.
Global REIT is bringing together two different worlds of investment to create something new and great. By combining traditional REIT investments with blockchain, they hope to establish a great new investment opportunity that is easily accessible and secure. To find out more about Global REIT, there are a number of different links listed below to help you learn more.
Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf
Telegram: https://t.me/GlobalReit
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