2024. 08. 26 · 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.
Last week, the simple average rate of return for the 21 listed REITS was -0.62%, marking the return to a downward trend after a single week. Several major events unfolded last week, including the release of FOMC meeting minutes, the Bank of Korea financial policy meeting, and the Jackson Hole meeting. Fed chairman Jerome Powell made remarks at the Jackson Hole meeting that drew a high level of attention from the market. Powell and other Fed officials made public remarks at Jackson Hole that took place amid expectations of an interest rate cut. With these remarks highly impacting the market, the Korean REITs market was more cautious ahead of […]
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Content Editor, Seoul Property Insight(SPI)
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