ReitBZ

Invest in Brazilian Real Estate through a security token and with the expertise of Latin America's largest investment bank

Industry: Real Estate | Jurisdiction: Brazil

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ReitBZ – A security token backed by Brazilian Real Estate

The security token aims to provide each Purchaser with the opportunity to indirectly invest in Brazilian real estate distressed assets;
The first project leveraged on blockchain technology backed by a profitable and well-capitalized investment bank, with the expertise/ strength of BTG Pactual, Enforce and their positive track record;
Transparent investment decisions and full disclosure of financial records;
Compliant KYC/AML purchase of Tokens;
Tokenholders will potentially benefit from periodic airdrop payments – in the form of Ether (“ETH”) or a USD-pegged stable coin (GUSD) – based on the performance of a portfolio of urban real estate properties under distressed situation (“Target Assets”).
BTG Pactual will provide liquidity (including through equivalent market making activities) to Tokenholders that intend to dispose of their investment in Tokens by means of periodic repurchases, which will take place at the request of interested Tokenholders on ReitBZ’s website.

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Token Sale

Private Sale Start
Private Sale End
Token Supply
Price

Pre-Sale Start
Pre-Sale End
Token Supply
Price

STO Sale Start 21 Feb 2019
STO Sale End 24 May 2019
Token Supply 15000000
Price 1

Accepted Currencies USD, ETH, GUSD
Offering Size 15000000
Minimum Investment

Token Details

Token Name ReitBZ
Token Symbol RBZ
Token Price
Blockchain Platform Ethereum
Issuance Platform Pending
Standard ERC20
Contract Address
Token Symbol RBZ
Registration Country Cayman Islands
Restriction - KYC Yes
Restriction - Whitelist Yes

Offering Details

Offering Type Equity Interest
Token Benefits & Rights: Dividends

Offering Terms Description:

Investors will receive periodical dividends from the recovery of the distressed assets, which will be handled by a BTG-owned company called Enforce.

Yearly returns are expected to be between 15 percent to 20 percent in Brazilian currency terms, according to the bank, as the investment won’t be hedged. BTG will provide market-making services for the token so it can give investors the liquidity to sell.

Token Distribution Details:

100% of the proceeds are passed through - No dilution and no distribution fees

Proceeds Allocation:

As consideration for the management services provided, Enforce will be entitled to a Success Fee, composed as follows:
1% on the funds allocated to buy a given Target Asset;
10% on the net collection arising from the sale of Target Assets (i.e. sale value, reduced by all costs related to the real estate, fees and taxes); and
30% performance fee on the amount exceeding a 15%/year post-tax hurdle rate of the Target Assets portfolio.