Real estate investment trusts (REITs) may have taken a battering in the wake of the global financial crisis, but according to experts, they have rebounded sharply and recovered more quickly than other equities. Prof Susan Wachter [of the Sim Kee Boon Institute for Financial Economics] says REITs are particularly useful as an investment vehicle for yields, and in that respect, perfect for pension funds and retirement funds more generally. Thus as the needs for this grows in Asia, this will be an important vehicle.