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K REITs Weekly_The Longest, Largest Decline Amid Ongoing High Interest Rates

2024. 04. 23 · 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 REITs market completed its fourth week on a downward trend. This is the longest consecutive declining trend since the year began. The domestic REITs market had not yet experienced such a long downward trend apart from the two weeks at the beginning of the year. While overall the trend has remained steady, the market atmosphere is changing, and the declines are growing larger. The simple average return for the 20 listed REITs last week was -2.13%, a large downturn from the previous week’s -1.42%. This is the largest decline so far this year. The US benchmark interest rate continues at a high level, while geopolitical instability in the […]

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