K-REITs Weekly_Dividend Slump Helps Strength of SK REIT, IGIS Residence REIT, Shinhan Seobu T&D REIT Stand Out
2024. 06. 04 · 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 simple average return for the 20 listed REITs last week was -0.13%. The REITs market, which had been on a four-week consecutive rise, turned downward last week and now has continued the decline for two consecutive weeks. Just like the week before, the ex-dividend has caused a large ripple effect. Most REITs with an ex-dividend suffered declines in stock price. However, despite the impact of this, SK REIT, IGIS Residence REIT, and Shinhan Seobu T&D REIT attracted attention by posting an increase of over 3% during the week. Last week, the KOSPI index return was -1.90%. US Price Indicators Meet Expectations, Now All Eyes on Employment […]
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Content Editor, Seoul Property Insight(SPI)
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