The REITs market is on its second week with a downward trend. The simple average return for the 20 listed REITs last week was -0.11%. The decline decreased compared to the previous week (-0.98%). During the same period, the KOSPI index fell 1.18%. This was the first time since late January that the market has stayed in the negative for two weeks despite the drop not being very dramatic. Expectations are waning for a June interest rate cut in the US, as employment indicators are stronger than expected while the Fed continues with hawkish statements. These factors are also putting pressure on REIT stock prices.     Lowered […]