Final answer:
Pension funds have taken a more active role in real estate financing by investing in real estate assets to diversify portfolios and provide stable income for retirees.
Step-by-step explanation:
Pension funds have taken a more active role in real estate financing through the purchase of real estate assets. By investing in real estate, pension funds can diversify their investment portfolios and potentially earn higher returns. This allows them to provide stable and secure income for retired individuals.
For example, pension funds may invest in commercial properties such as office buildings, shopping centers, or warehouses. They may also invest in residential properties such as apartment complexes or single-family homes.
This trend of pension funds investing in real estate is driven by the desire to generate sustainable and consistent income to support pension obligations and mitigate risks associated with traditional investment options.