CitaDAO Docs
  • Overview
    • Introduction
      • Why bring IRL property on-chain?
      • What sets apart CitaDAO from past tokenization projects?
      • Who is CitaDAO for?
    • FAQ
      • FAQ (Listing Properties)
      • FAQ (Real Estate Tokens)
      • FAQ (Legal)
      • FAQ (Operations)
    • Roadmap
    • Tokenized Real Estate
      • 20SML0253
      • 18SML711
  • How IRO works
    • Overview
      • Conducting Due Diligence
    • Introducing Real Estate On-chain (IRO)
      • Committing Stablecoins
      • IRO Rewards
      • IRO Outcome
    • Operations
    • Buyouts
      • Redeeming the Title Deed
    • Primitives
      • Liquidity Primitives
      • Utility Primitives
      • Economic Primitives
  • IRO User Guide
    • Getting Ready
    • IRO User Guide
      • 1. Committing to the IRO
      • 2. IRO Outcome - Properties
        • IRO succeeded & What's next
        • IRO failed & What's next
    • FAQ - Troubleshooting
  • IRO Details
    • London Commercial Building IRO
    • Singapore Industrial Building IRO
      • Singapore
        • 20 Sin Ming Lane
        • 18 Sin Ming Lane
      • Market Comparable
    • Cardiff Commercial Building IRO
      • Cardiff City
      • Property Pricing
  • xKNIGHT Staking
    • What is Staking?
    • What is xKNIGHT?
    • Staking Guide
  • KNIGHT Yield Farming
    • What is Yield Farming?
    • Yield Farming Guide
  • RET YIELD FARMING
    • What is Yield Farming?
    • Yield Farming Guide
  • Tokens on CitaDAO
    • KNIGHT Token
      • CitaDAO Tokenomics
    • Real Estate Token (RET)
  • Security
    • Security at CitaDAO
  • Acronyms
  • Deployed Contracts
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Risk Disclosure Statement
  • Other Languages
  • Get Involved
    • Contribute at CitaDAO
    • Governance Forum
Powered by GitBook
On this page
  • Can I sell my properties now?
  • Is there any theme on the properties to be acquired?
  • Why only Commonwealth countries?
  • Are you seeing interest from the market to tokenize their Real Estate?
  • How many IROs will there be?

Was this helpful?

  1. Overview
  2. FAQ

FAQ (Listing Properties)

PreviousFAQNextFAQ (Real Estate Tokens)

Last updated 3 years ago

Was this helpful?

Can I sell my properties now?

We are currently in our POC mode and will only allow onboarded landlords to list their property. If you are interested to list your Real Estate, kindly reach out to us at landlord@citadao.io.

Is there any theme on the properties to be acquired?

  • We will be focused on high-quality, income-producing commercial properties.

  • The properties during the Proof-Of-Concept (POC) phase will enable us to analyze the demand from the community so that we understand the types of properties to focus on bringing on-chain.

  • Due to the legal framework CitaDAO operates under, these properties will only be from Commonwealth countries.

Why only Commonwealth countries?

We are currently structured to facilitate commercial Real Estate transactions from countries that practice the Commonwealth law.

After our Beta Launch, we will progressively look into other countries that do not practice the Commonwealth law.

Are you seeing interest from the market to tokenize their Real Estate?

As of now, we have 8 existing assets with a combined size of over 200,000 sqft comprising Prime Real Estate such as Offices, Retail, Industrial, Warehouses, Data Centers, Hotels, Student Housing and Mixed Used Developments for our POC and Beta.

The eventual goal is to open the platform to the public to list their properties. We have spoken with landlords from the UK, Europe, Australia, Canada, and even the US with more than USD $5 billion worth of Real Estate that are keen on listing their assets on the platform once it is open to the public.

How many IROs will there be?

From now till Q2 2022, we will be launching only the POC and Beta version of the platform. There will be 8 assets worth a total of approximately USD $240 million for the POC and Beta version.

From Q3 2022, property owners in defined Commonwealth countries will be able to list their Real Estate on the platform. Members of the community are free to commit to any IRO that they are interested in. If an IRO garners sufficient interest, it will be successful.

Each IRO is specific to the property listed and community members can decide if they are interested in a particular IRO. A couple of factors that each member may take into account before making a decision include: the quality of the property, the location, its rental yield, and value.

In summary, there is no fixed number of IROs and whether or not an IRO is successful will depend on the community.

Commonwealth Countries