Coblentz Real Estate Holdings Ltd$.$ and First Group Real Estate Investment Limited, both of whom each have approximately $$3$ billion in diversified real estate investment portfolios, have agreed to merge their operations. The merged entity, FirstCob Real Estate Group Limited, intends to invest another $$1\mathrm{.}5$ billion in commercial real estate over the next two $(2)$ to three $(3)$ years.

Required:

Critically evaluate the four $(4)$ main investment options which would be available to FirstCob Real Estate Group Limited for investing in commercial real estate.