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K-REITs Weekly_Lotte REIT Loses Way, Institutional Investment Falls Dramatically

2023. 10. 17 · 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 past two weeks have been dominated by a long holiday weekend where Chuseok in late September was followed immediately by Hangeul Day on October 9. Market officials, however, were bombarded with bad news at the end of both holidays. During the Chuseok holiday, concern over prolonged high interest rates in the US continued, then the global markets were shaken by war breaking out between Israel and Hamas. As financial market and geopolitical uncertainty continue, the REITs market has no choice but to see losses. The simple average return of the 20 listed REITs last week was -0.38%, marking the fourth consecutive week of declines.     US: […]

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