As stock market woes and asset deflation continue to cast a cloud over Japan's economic recovery, a new type of investment trust will be introduced this month in a bid to solve these problems in one fell swoop.
Real estate companies, banks and other financial institutions have been gearing up to launch real estate investment trusts -- popular financial vehicles in the United States known as REITs -- as a new form of investment for individuals.
REITs are mutual funds that obtain yields through property-related sources such as office building rents, hotel room fees and sales at shopping malls.