
2023. 06. 27 · 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 is showing signs of a new downturn. The simple average return for the 20 listed REITs last week was -1.19%. This is a relatively large decline compared to the previous week. The possibility of an interest rate increase in the US has shifted the mood in the market. Despite last week’s interest rate freeze, US Federal Reserve Chairman Powell expressed his willingness to raise interest rates further later in the year. The stance last week was consistent, including in his address to Congress. All efforts will be focused on controlling inflation. Up to two interest rate hikes in the second half of the year will […]
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Content Editor, Seoul Property Insight(SPI)
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