This study examines listed Real Estate Investment Trust (REITs) of seven countries in Asia from 2005 – 2012 time periods. Our study uses equity of listed REITs that have been established in the stock market before the global financial crisis start in July 2007. In order to compare the performance of each individual REIT within a country, we employ Treynor, Sharpe, Jensen, and Sortino ratios together with the stock market daily returns,market and REITs Indices to analyze the individual performance. We also compare the average of individual REITs among seven countries to investigate REITs performance pre-, during, and post-crisis. Our findings reveal that Asian REITs experience average negative
daily returns which is turn slowly into positive return post-crisis period. We find divergent results using four measurements, by Treynor and Jensen ratios, we find Asian REITs underperform the market Indices in the pre-, during and post-crisis, Asian REITs outperform the market Indices by Sharpe and Sortino ratios in pre and post-crisis

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