2024. 05. 14 · 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 has seen gains for the past three consecutive weeks. The simple average return for the 20 listed REITs last week was 2.15%. The market atmosphere was positive, with a bigger gain than the week prior (0.23% higher). Regarding the timing of the interest rate cut in the United States, there are still conflicting opinions, including conflicting statements from key members of the Federal Reserve, but it is still sensible to expect an interest rate cut within the year. Before the FOMC May meeting, prices were so strong that the market even discussed the possibility of an interest rate hike, which caused a flurry of concern. […]
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Content Editor, Seoul Property Insight(SPI)
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