Japanese investors bought a total of $40 billion of Real Estate Investment trusts (REIT’s). Instead of buying individual properties, these older Japanese investors bought into US properties through the stock market and REIT’s. The 15 REITs that focused on selling their shares through Japanese banks and insurance companies proved successful. The investors get best in class institutional properties and professional management. As long as these REIT’s keep paying a similar dividend, the monies will continue to flow into the funds.