
2023. 09. 05 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The REIT market has experienced a significant rebound for the first time in many months. The simple average return for the 20 listed REITs in the final week of August was -4.02%. This is the largest margin of increase so far this year. US Federal Reserve Chairman Jerome Powell did not make any shocking remarks at the much-awaited Jackson Hole, unlike last year, and US employment was announced alongside this result last week. As indicators have slowed, the possibility of interest rate hikes has eased, which seems to have had a positive impact on the REITs market. According to the US Bureau of Labor Statistics, new job postings […]
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Content Editor, Seoul Property Insight(SPI)
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