
2023. 03. 21 · 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 domestic listed REITs market struggled last week. The simple average return for the 18 listed REITs last week was -1.8%. The negative trend that started at the end of January continues. Last week, the decline was large enough to be comparable to the 1.9% decline recorded in mid-February. Meanwhile, the KOSPI rose by 0.05%. However, both listed REITs and KOSPI fell by 2% and 1% on the 14th alone. While the KOSPI largely recovered from this, listed REITs continued the downtrend. Listed REITs had negative daily returns every day except for the 15th. Early and mid-week suffered from concerns caused by the failure of Silicon Valley Bank (SVB) in […]
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Content Editor, Seoul Property Insight(SPI)
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