We cannot understand the reason of SC to propose such move. Yes, you may got certain REITS able to grow nothing different from a property company. However, risk will increase as any development will carry risk. It will defeat the purpose as fixed income instrument. If it is the intention of MREITS’ manager. SC should ask them to join a property development company instead.
If MREITS are to allow developing own portfolio
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J&J Investment Co. 
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