
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
This week, the REITs market held its breath ahead of a major event – the Federal Open Market Meeting (FOMC) held by the US Federal Reserve early in the morning on the 21st, Korean time. Interest rates were frozen as the market expected, but the US stock market began to fluctuate in response to some hawkish comments. Domestic REITs in Korea were left relatively unharmed. The REITs market rose sharply in the last week of August and then fell sharply again the following week, rose again slightly a week later, and now have declined slightly last week. The simple average return for the 20 listed REITs last week […]
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Content Editor, Seoul Property Insight(SPI)
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