GlobalREIT – The First Blockchain based Sharia-compliant

GlobalREIT – The First Blockchain based Sharia-compliant

Global REIT is the first ever Blockchain based Sharia-compliant REIT to be launched in the market.
It is offering investors exposure to global real estate markets without the necessity of acquiring an entire property and shift the management and compliance obligations to the fund management.

Global REIT will acquire assets starting from U.A.E. and rapidly enter properties in jurisdictions worldwide. The first Asset under Management (AUM) will have a Net Asset Value (NAV) of USD 75 million and the total portfolio value of Global REIT is projected to reach USD 10 billion by end
of 5 years.

The ICO of Global REIT will offer Dual Utility tokens to its subscribers –

1. Global REIT Fund Manager Token (GREM) and

2. Global REIT Asset Token (GRET)

Vision of Global REIT is to create a global real estate investment portfolio that will offer additional benefits than a traditional REIT by intertwining REITs to the Block Chain Technology.
Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then rapidly expand worldwide. The company sees cryptocurrency investors who want to simultaneously invest in real estate and earn regular dividends and, real estate holders seeking to exit into a liquid market anchored by cryptocurrency, as their key targets for participation on the Global REIT platform.

UTILITY OF TOKENS

The token holders of GREM and GRET will get future access to all Assets Under Management (AUM) of Global REIT. Regarding the Hospitality Assets, token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year. Furthermore, reward points will be offered in the Loyalty Programs attached with its AUM and these points can be used to avail free services up to a certain limit.

Another utility for token holders of GREM is that those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain. These tokens can either be bought from the Fund Manager (GREM) or from the Open Market. The settlement of such acquisition will be done in any crypto currency and the capital base will be open ended.

DISTRIBUTION OF TOKENS

• 57,857,143 GREM Tokens will be issued in Pre ICO

• 21,428,571 GREM Tokens will be issued in Public ICO

• 110,714,286 GREM Tokens will be retained by the Fund Management Company

• 10,000,000 GREM Tokens will be reserved for the Advisory Board of Global REIT

• 12,150,000 GRET Tokens will be issued in Pre ICO

• 4,500,000 GRET Tokens will be issued in Public ICO

• 58,350,000 GRET Tokens will be issued to the Asset Owner of the 1st Asset to be acquired by Global REIT

CORPORATE AND TECHNOLOGICAL GOVERNANCE

Since Global REIT is one of the first blockchain based real estate platforms, we have ensured that concerns of transparency and independence in decision making are addressed strictly. The interest of all its stakeholders will be safeguarded through the below exhibited corporate and technological governance board and committees.

Follow GlobalReit on :
Facebook : https://www.facebook.com/GlobalReit-144007413076936/
Twitter : https://twitter.com/GlobalReit01
Telegram : https://t.me/GlobalReit

Bitcointalk username : norainlys
Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1926161;sa=summary
ETH Adress : 0xFB9712E24AFeCE5FA411252C278eCD18CFf5649b