I think that I am missing something here. The one thing that various REITs across the world have in common, is that they must pay out most of their taxable income as dividend. 90% is a common figure but as I understand, it is 100% in the Netherland. My question is, what's in it for the REIT company? Is the taxable income -after- paying they have paid the bills, salary and everythng necessary to running the business? And does it mean that they are not expected to grow their portfolio much/at all?