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News Commentary #694 – Global Office First Thoughts

First Thoughts on Global Office.

Global Office just began a “Silver” listing on the EmilyNews monitor.  They have been online since late last October, but it appears to me that they have kept a rather low profile for a number of months.  Whatever the case, we welcome them to our monitor and wish them well as an online investment platform.  We hope that the company will be with us for a long time to come.

Global Office claims to be in the real estate business.  According to the website, “Global Office JF Limited is a fast-growing company specializing in the rental, purchase, and sale of office units and other non-residential premises.”  The website also provides the following historical background on the company:

Global Office JF Limited was established in 2006, in the South-East of Brazil. At first, it was a small group of experienced analysts led by Mr. Joshua Fostman that worked in the area of office property. From the outset, Global Office JF Limited was engaged only in the selection and letting of real estate for its customers. However, in due course of time, we have expanded services and decided to engage in rental and buying/selling of warehouses, storage sheds, and other non-residential property. Due to the experience of the management team and professional performance of employees, the company has achieved great success and has expanded into the whole country. Four years after the foundation of the company, a representative office, so far engaged in fruitful work, has been set up in New York (NY, USA). We have developed a good reputation due to the speed, with which we close transactions. In most cases, it takes only a few hours to find the best premises for our customer. 90% of our employees do not sit back and are constantly on the move, looking for suitable objects. If you are looking for an office unit or any other premises, you have come to the right place!

As far as investment opportunities are concerned, Global Office offers two investment plans.  One is called the “Europe” plan while the other is called the “Asia” plan.  Both investment plans are clearly presented in the website and are easy to understand.  Here is the essential information on the two plans:

Europe

1.5% per day for 10 days
$10 – $50,000
Principal returned at end of plan

Asia

4.5% per day for 30 days
$20 – $100,000
Principal included as part of earnings

A quick mental calculation tells me that both plans provide a sensible level of profitability that could also enable the program to survive in the long term.  We will review the Global Office program within the next few days and will take a more detailed look at their two investment plan offerings at that time.  However, I don’t expect that there will be any surprises.  Please stand by…

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