Global REIT is a company that has established itself in the UAE for over a decade doing real estate and has pretty much been involved in all aspects of this industry from marketing to brokerage and the basic construction itself. Having covered all the spectrum's of the real estate industry they are expanding their business using the blockchain technology by use of reit which will be open to the globe and hence the name Global REIT.
Having run most of their business in the UAE, Global REIT will first root itself in the UAE and expand to other mature markets such as London, singapore and many more. Potential investors interested in this product need not to worry about the legal hurdles as Global REIT has a team of legal advisers who are advising on which jurisdictions to establish themselves as each country has a process to follow when it comes to acquiring and investing.
And as a way to show their investors that their assets are be managed well every predefined period Global REIT will publish what it plans to buy and also the net asset value of acquired property, think of this as an internal appraisal. And confidence boost you much know that Global REIT has Deloitte to help in auditing and other financial services which really shows how transparent they will be and how prepared they are to go the extra mile!
With the integration of the blockchain technology this gives the company a global reach ,which basically means they are not limited to certain jurisdictions they can operate in, plus the company benefits in other ways of using the blockchain such as efficient ways of running their business as they will be able to pay out dividends at a click of a button and not sending out cheques which could get lost in the mail, so basically this is safer, transparent and smart way of doing business.
To learn more about global reit visit the links below
Website: https://www.globalreit.io
ANN Thread: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Bounty Thread: https://bitcointalk.org/index.php?topic=3352552.0
Telegram: https://t.me/GlobalReit
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Disclaimer: am NOT in any way a financial adviser ,don't take this as financial advice and if you choose to invest in this crypto market please understand that this is a very high risk market , should you choose to invest, do not invest more than what you're willing to lose.