K REITs Weekly_ After US CPI Announcement, Uptrend Halts, ESR Kendall Square REIT Performs Well
2022. 09. 20 · Simok Kim
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
Last week, the stock price (average value) of REITs listed in Korea plateaued. There was a large shift from the beginning to the end of the week. The US stock market performed well during the Chuseok holiday. Since then, the domestic stock market has also acted as a positive factor. In fact, on the 13th, the KOSPI and the KOSDAQ rose by 2.74% and 2.44%, respectively, the first surge in many weeks. Domestic listed REITs also performed well. But after the announcement of the US Consumer Price Index (CPI), concern created an immediate bear market. As lower-than-expected indicators were released, expectations rose of a stronger US interest rate hike. The […]
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Content Editor, Seoul Property Insight(SPI)
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