KOR | ENG

K REITs Weekly_Expectations of Interest Rate Cut in March Wane in Stark Contrast to Early 2023 Mood

2024. 01. 22 · Byungki Koh
0

Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    The REITs market continues in its weak state in the new year. While the year started with an upward movement, the past two weeks have steadily declined. The simple average return for the 20 listed REITs last week was -1.28%, a much larger drop than the week prior (-0.64%). This stands in stark contrast to early 2023, when there were three consecutive weeks on an upward trend to start the year. The entire Korean stock market is in a slump. The KOSPI index has fallen for three consecutive weeks since the New Year, and last week, the KOSPI index fell 2.07%, a larger decline than the REITs market. […]

Please Register or Login to read the contents.