Despite recent poor returns, REITs remain a solid, longer-term investment, according to a Standard & Poor's report released Monday. REIT yields rose in the third quarter, led by Asia-Pacific REITs, which posted average yields of 8.7%. "As the REIT market has matured, we are seeing more and more pension funds investing in REITs, and I think there are a number of reasons why: the liquidity of REITs and their ability to access markets and property types in an efficient manner," said Meredith Despins, vice president of investment affairs and investor education at NAREIT.

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