[ANN] GLOBAL REIT - THE FIRST EVER BLOCKCHAIN BASED REIT

[Joekondo]

We have not received any new news from you since June 23 ) Are there any news?

Hello there kingsmanpower!
Yes, the team released the final statement on July 8th in this Medium article saying:

Thank you to everyone who participated in our ICO! We have raised more than USD 14,130,050 together with private investments.

Your Global REIT tokens will be distributed to you shortly.

More details will be disclosed soon, bear with us in the meantime 

[Parbey]

Latest Update from Global REIT CEO Ali Tumbi

"I’m here, no worries to answer now.

Yes asset is secured. We will post related legal documents in the system in due course once it’s live. So all is going as planned.

We are testing the system now and are working to get the first distribution done as planned in this month and get all subscribers on the platform also.

Look out for more updates."

Catch these updates first in the Global REIT Telegram Community.

[lamponk15]

projects that look legit in the real estate industry, in addition to token holders will be paid monthly dividends. an opportunity that I missed, hopefully for a smooth development and a lot of interest people contribute to it

[Andrews-Die]

Hi, all! I am interested on this idea. I'll wait this to see what is going to take place!

[ElegantCy]

projects that look legit in the real estate industry, in addition to token holders will be paid monthly dividends. an opportunity that I missed, hopefully for a smooth development and a lot of interest people contribute to it

Hi thanks for the interest. Sorry you missed out on the token sale you should be able to get some when it is available in the open market in the future.

[Limotine]

This is a very good project with ability.
Unblemished design, able to recognize design, riveting approach!

[Conrad010]

This is a very good project with ability.
Unblemished design, able to recognize design, riveting approach!

Thanks so much for your support.

[zoLa#7]

GREETINGS, GLOBALREIT COMMUNITY!

Further acquisition of assets in the Global REIT portfolio will be based on a diverse strategy in terms of types, class and location of assets. It will include but
not limited to hotels, shopping malls, residential and commercial properties, hospitals and warehouses, spread out geographically. The objective is to reduce the overall risk of the portfolio in terms of varying macroeconomic conditions globally.

To learn more, take a look at the whitepaper.

GlobalREIT is also on Telegram. Join the group and ask anything related to the project. 

[btcmegastar]

How far we can identify that the project is more promising because now a days we are seeing many fakes lands. On what procedure basis you are going to finalise those in order to identify the genuine one in order to be placed on the website?

[zoLa#7]

How far we can identify that the project is more promising because now a days we are seeing many fakes lands. On what procedure basis you are going to finalise those in order to identify the genuine one in order to be placed on the website?

Hi, btcmegastar.

You can check the law firm advising the project here.

Also, Deloitte is the auditors engaged who will do a financial audit annually of the accounts.
Deloitte is appointed as auditors to keep the investors informed of any possible malpractice in the future. It's a transparent structure to make it comfortable for all. You can check this company here.

If you have more questions, feel free to join Telegram group and ask it there.  

[Leighton129]

a time schedule in the platform release? Since we are all waiting and waiting and there is no communication what so ever, other than the team is building it

[Joekondo]

a time schedule in the platform release? Since we are all waiting and waiting and there is no communication what so ever, other than the team is building it

Hey there Leighton129, there will be an announcement about the release of the platform in the next couple of days.
The team ensured that everything is proceeding by schedule and that the first dividend payout will be coming out for July's end, just as scheduled from the beginning 

Stay tuned for the next days' announcement and thank you for your support! 👍🏼

[Hay-Quentin]

Hey, fellows. You require to add token details to permit participants to join the plan!

[ElegantCy]

Hey, fellows. You require to add token details to permit participants to join the plan!

Hi, thanks for the interest. Token sale has ended, you can see the Details here.

[yeyicheng888]

It is well known that the market of the real estate industry is very large, and the block chain projects in this field are also emerging. Are there any features of the GLOBAL REIT coin to be the leading project in this industry?

[Conrad010]

It is well known that the market of the real estate industry is very large, and the block chain projects in this field are also emerging. Are there any features of the GLOBAL REIT coin to be the leading project in this industry?

GlobalREIT is the is a blockchain-based REIT that works on the same mechanism as a tradition REIT but with some added features. GRET and GREM are GlobalREIT's two utility tokens. Here is a quick run-down of GlobalREIT's dividend structure:

Here's an overview of how Global REIT's dividend plan operates:
The GREM token is related to the Global REIT Fund Manager, while the GRET token is related to the assets.

Both are considered utility tokens as they will give access to all Assets Under Management (AUM) of Global REIT and a different range of utility options, depending on the quantity owned.

The income of GREM Token holders will initially start at 2% of AUM and will reduce by 0.25 % annually over the first  three years stabilising at 1.25% thereon. This income is before any expenses related to operations are incurred.

GRET has its first asset secured at 8% p.a. on its 1st acquired asset as dividend.  GRET tokens will allow token holders to receive promotions and discounts at the AUM. In the  future the REIT will acquire more assets and so the utility will increase also along with.

For GREM tokens, the utility is  when the REIT is acquiring an asset, the asset contributor will need to hold a certain minimum quantity (100,000  GREM)  of tokens in order to contribute an asset to the REIT.

Take a look at the whitepaper, page 13, that delves a bit deeper on the token utilisation 😉 Here's the link.

[zoLa#7]

Hello, GlobalREIT community.

Here is a word from the CEO, Ali Tumbi, why you should invest in the GlobalREIT: "Among the 10% daily swings in the crypto world, Global REIT offers its investors stable returns to bank on for the rainy days and when the screen is all red, you know one thing hasn’t moved down as much as the income behind it is rooted in the real world. It’s REAL income on blockchain – that’s what is unique and why you should be jumping on Global REIT."

Make sure you join Telegram group to stay informed about the project. 

[Godiva1298aba]

I can imagine. As well the CEO will get questions live that may be different from the SM channels. IMHO Ali T should update the website etc to help project move to next stage. 8% looks like a great number so will attract attention. At the moment it is difficult to confirm details. For example hotel operator mentioned in chat as Kempinski affiliate so why not give a link?

[hueannhien91]

Real estate is an exciting field, an extremely attractive investment platform in the real estate industry around the globe, I am interested in the project.

[ElegantCy]

Real estate is an exciting field, an extremely attractive investment platform in the real estate industry around the globe, I am interested in the project.

Thank you for your interest, hueannhien91. In addition to being an attractive investment,  GlobalREIT will be paying out monthly dividends too.