K-REITs Weekly_Large Gaps in REITs Returns and Ongoing Changes to Interest Rate Direction
2024. 06. 11 · Byungki Koh
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The simple average rate of return for the 20 listed REITs last week was 0.55%. The REITs market, which had been on a downward trend for two consecutive weeks, has finally succeeded in rebounding. However, the direction of interest rates is still uncertain. On the 6th (local time), the European Central Bank (ECB) lowered interest rates to begin a monetary policy pivot, while the Bank of Canada also lowered its benchmark interest rate. Major national banks lowering interest rates has a big impact on global monetary policy, but the direction of interest rates in the United States is still uncertain. US employment indicators were paid close attention to by […]
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Content Editor, Seoul Property Insight(SPI)
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