The simple average rate of return for the 21 listed REITs last week was -1.06%. The REITs market saw a slight increase last week, but has already gone back on a downward trend. The direction of interest rates and the US consumer price index growth have slowed slightly, while the important US labor indicators have slowed, and all these positive outcomes helped the KOSPI to grow 1.01% last week, but left the REITs market relatively unaffected. The weakness of REITs containing overseas assets ahead of refinancing was evident, and Shinhan Global Active REIT has showed poor performance as the first new REIT to be listed after 1 year and […]