
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The REITs market is on its third week on a downward trend. The simple average return for the 20 listed REITs last week was -1.42%, a large downturn from the previous week’s -0.11%. US inflation numbers are affecting the market forecast while expectations of an interest rate cut are continuing to weaken. The Iran-Israel conflict and Korean election results are further burdening the Korean economy and of course the REITs market. During the same period, the KOSPI index fell 0.11%. US CPI Shock Eviscerates Hope for June Interest Rate Cut Last week, the market paid attention to the US March CPI announcement. January and February showed higher-than-expected […]
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Content Editor, Seoul Property Insight(SPI)
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