Global REIT logo

Global REIT (GRET/GREM)

Status
ICO

Global REIT is a blockchain-based real estate investment trust.

Global REIT White Paper Whitepaper

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NA
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User Rating
Medium
3/5 1 votes
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Ticker
GRET
Type
Security
Token standard
ERC-20

What is Global REIT

Global REIT intends to create a global real estate investment portfolio, benefiting from the use of blockchain. Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then expand worldwide. The company sees cryptocurrency investor,s 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.

The ICO of Global REIT will offer Dual Utility tokens to its subscribers: Global REIT Fund Manager Token (GREM) and Global REIT Asset Token (GRET). This means that each subscriber will get shares in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens.

The token holders of GREM and GRET will get future access to all assets under management of Global REIT. Token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year in the managed hospitality assets.

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.

Global REIT Roadmap

1
NOVEMBER, 2017

CONCEPT DESIGN & DEVELOPMENT.

2
JANUARY, 2018

COMPANY FORMATION.

3
FEBRUARY, 2018

BLOCKCHAIN TECHNOLOGY PLATFORM.

4
MAY, 2018

PRE ICO.

5
JUNE, 2018

PUBLIC ICO.

6
JUNE, 2018

ACQUISITION OF 1ST ASSET IN U.A.E.
Hotel Asset of approx. USD 75 million.

7
JULY, 2018

1ST DIVIDEND DISTRIBUTION.

8
AUGUST, 2018

ACQUISITION OF 2ND ASSET IN U.A.E
Residential Building.

9
OCTOBER, 2018

ACQUISITION OF 3RD ASSET IN U.A.E.
Shopping Mall.

10
DECEMBER, 2018

ACQUISITION OF 4TH ASSET IN U.K
Hotel.

Token Sale Dates

Presale Period

Start date: May 01, 2018
End date: May 31, 2018

ICO

Start date: Jun 01, 2018
End date: Jun 30, 2018

Token Allocation

Presale Token Supply 12150000
Total Token Supply 4500000

Funding Details

Hard Cap 20,000,000 USD(fiat)

Restrictions

Residents of the following countries are prohibited from participating
Japan, United States

Token distribution


78% - 1st Asset Contributor
16% - Pre-ICO
6% - ICO

Funds allocation


100% - Acquisition of the 1st Asset

Token Price and Payment Options

Token price USD 1 Token = 1.000000 USD
Accepted Currencies ETH, BTC, USD

Dividends

Dividend distribution planned
8% of the investment

Project team

Ali Tumbi
Ali Tumbi
Founder
Ali Tumbi x-team
Paul Christodoulou
Paul Christodoulou
Chief Operations Officer
Paul Christodoulou linkedin-team
Vijay D Vyas
Vijay D Vyas
Director Acquisitions - India
Vijay D Vyas linkedin-team
Behzad Khan
Behzad Khan
Chief Financial Advisor
Behzad Khan linkedin-team
Muhammad Waseem
Muhammad Waseem
BLOCKCHAIN DEVELOPER
Muhammad Waseem linkedin-team
Babar Ahmed
Babar Ahmed
CHIEF TECHNOLOGY ADVISOR
Babar Ahmed linkedin-team

Advisors

Vladimir Nikitin
Vladimir Nikitin
Strategic ICO Advisor
Vladimir Nikitin linkedin-team
Nikolay Shkilev
Nikolay Shkilev
ICO advisor
Nikolay Shkilev linkedin-team
Rumen Slavchov
Rumen Slavchov
ICO Expert and Advisor
Rumen Slavchov linkedin-team
Phillip Nunn
Phillip Nunn
ICO Advisor
Phillip Nunn linkedin-team

Social media

Industries

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