MREITs slightly enhanced earnings in average

Up to this week, most MREITs has performed slightly better in their earnings except TWREIT and AHP. Others are on path to our long term growth of 5 to 10% capital growth. Average yield of 7% to 8% after 10% tax. Most MREITs are within our expectation even we still like TOWEREIT. But we suggest not to add on AHP due to its sluggish performance for several quarters. We are satisfied with the results and continue to build up our income portfolio at this level.