K-REITs Weekly_Lotte REIT Rides Gaining Trend, Recovers to KRW 4,000 level after 14 Months
2024. 08. 20 · 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 1.60%, marking a turnaround in just one week. Global stock markets have been fluctuating due to concerns about the US economy and Japan’s sudden interest rate hike, leading to the liquidation of yen carry trades. As a result, the Korean REITs market also experienced its largest decline this year on a weekly basis. It has rebounded after only a week. The recent slowdown in inflation in the US, which is lower than market expectations, and the solid performance of consumer indicators, which account for two-thirds of the US economy, have raised expectations for a soft […]
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Content Editor, Seoul Property Insight(SPI)
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