K-REITs Weekly_Lotte REIT Surges by 7%, REITs Market Rises Generally with Funds Flowing into REITs ETFs
2024. 07. 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 simple average rate of return for the 21 listed REITs last week was 2.16%. This is the largest weeklong increase since the 4% rise in early March and marks the second consecutive week of an upward trend. The Korean REITs market has been fluctuating between weekly increases and decreases since mid-June. It has been a long time since we have seen a consecutive two-week upward trend. Just last week, Korean REITs departed from the trend of global REITs that had seen a large rise on expectations of interest rate cuts. However, with expectations of lowered interest rates, investor sentiment has revived, and the REITs market has moved on […]
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Content Editor, Seoul Property Insight(SPI)
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