To qualify for the preferential tax treatment of a REIT you have to pay out 90% of their income to shareholders which means that any sort of aggressive growth o

To qualify for the preferential tax treatment of a REIT you have to pay out 90% of their income to shareholders which means that any sort of aggressive growth or risk taking isn't possible. Plus as their name indicates, they aren't exactly useful for general businesses. I don't believe that Apple could switch to a REIT and start paying out huge dividends for example.