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Bricks and Mortar: Look Past Melco's Losses

Stock quotes in this article: MPEL , LVS  

Editor's note: "Bricks and Mortar" is a series of columns written by real estate reporter Nicholas Yulico meant to help TheStreet.com readers generate real-estate-related stock ideas.

Investors looking to own Melco(MPEL Quote) should keep an eye on rising construction costs in Macau. But the issue has been overblown, since Melco has so much attractive real estate it will eventually sell to offset these costs. ...

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