Blockchain REIT Sharia-Compliant Real Estate Investment Platform Launched
May 4, 2018
Global REIT, the first blockchain-based Sharia-compliant REIT, announced its 2018 roadmap. The platform will allow real estate investors to have access to a global market, provide extensive benefits to cryptocurrency investors, and help REITs expand into a global network.
Rothwell, Australia - May 4, 2018 /NewsNetwork/ —
Global REIT, the first blockchain-based real estate investment trust (REIT), announced its official 2018 short and medium-term goals. Currently in its pre-ICO stage, the platform aims to become the first blockchain-based, Sharia-compliant REIT platform, allowing cryptocurrency investors, real estate holders and other REITs to optimize their investment, earn dividends, diversify their portfolios and benefit from a wide range of cutting-edge features.
More information can be found at https://globalreit.io.
Global REIT will offer all traditional benefits of REITs – including long-term investment portfolio diversification, multi-source income generation and a straightforward tax treatment – while also providing some important additional benefits.
Members of Global REIT will be able to access all its Assets under Management (AUM), benefit from reward points awarded in AUM-attached loyalty programs, invest in assets acquired globally, and – unlike traditional REITs – be paid monthly dividends.
As a REIT based on blockchain technology, Global REIT will be of interest to crypto investors looking for stable dividends or interested in real estate investment, real estate asset holders looking to exit into a crypto domain, and REITs looking to leverage a stable blockchain framework.
The initial assets will be acquired in the UAE, with the AUM list scheduled to quickly expand in jurisdictions worldwide. Investors will benefit from exposure to global real estate markets without having to acquire the entire property.
The ICO of Global REIT will provide two utility tokens – Global REIT Fund Manager Token (GREM) and Global REIT Asset Token (GRET).
A spokesperson for Global REIT said: “At Global REIT we aim to create true diversification across multiple real estate asset classes to enable users to invest seamlessly into a broad asset backed portfolio. Our vision is to not only revolutionize the REIT industry within focused regions and geographies, but to create a diverse and vibrant platform for assets from multiple REITs across the globe to plug into, unlocking a wave of cross-investment potential and opportunities worldwide.”
Interested parties can find more information by visiting the above-mentioned website.
Contact Info:
Name: First Plus
Organization: FirstPlus Press
Address: 2 Alambi Court Brisbane, Rothwell, Queensland 4022, Australia
For more information, please visit http://www.firstplusmarketing.com.au
Source: NewsNetwork
Release ID: 340733
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