
2023. 02. 07 · 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.
The listed REITs market bounced up and down over the past week. The sluggish trend from the week prior (January 20-27) continued, but corrected, only to fall further (2% drop on the 30th and 31st). After the US Fed’s (FOMC) announcement of the interest rate, the market has experienced a rebound. The week ended on the 3rd with another slight decline. The announcement of the US benchmark interest rate led to a recovery on the same day (February 2nd Korea time). The simple average return for the 18 listed REITs last week was -0.52%. Stock prices rose by 1.6% for only one day on the 2nd. In terms of weekly […]
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Content Editor, Seoul Property Insight(SPI)
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