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K REITs Weekly_Rock Bottom Still Far Away, Mirae Asset Global REIT Plummets 7% amidst Paid-in Capital Increase Issue

2023. 10. 30 · 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 slump in the REITs market is being prolonged. The simple average return of the 20 listed REITs last week was -1.46%, marking the sixth consecutive week of declines. Of course, the REITs market is far from alone. The direction of interest rates in the US is still unclear, while geopolitical instability have also negatively impacted the financial markets. The KOSPI index also fell 3.35% last week as a result.     US Interest Rate Hike Standards, PCE Meets Expectations as Slump Continues The indicator that attracted the most attention in the market last week was the US personal consumption expenditures (PCE) price index for September. The core […]

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