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INDEPENDENT AUDITORS' CONSENT
We consent to the use of our report dated January 9, 2001, accompanying the
financial statement of the Morgan Stanley Dean Witter Select Equity Trust REIT
Portfolio Series 2001-1 (Registration Statement No. 333-50786), included herein
and to the reference to our Firm as experts under the heading "Independent
Auditors" in the Prospectus which is a part of this Registration Statement.
GRANT THORNTON LLP
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Grant Thornton LLP
January 9, 2001
Chicago, Illinois
