REITs can pay out 80% of the needed payout in shares. Is there a reason Office REITs haven’t switched to this model?

REITs can pay out 80% of the needed payout in shares. Is there a reason Office REITs haven't switched to this model?

Not really diluting anyone because the new shares would go to existing holders, and it would give the companies the opportunity to pay down debt.

Is there a reason why they're not doing this with everything going on?