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K-REITs Weekly_Shinhan Alpha REIT Falls to KRW 5,000 Level for First Time in 16 Months

2024. 09. 17 · 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 return of the 21 listed REITs recorded a 0.24% gain, rebounding in just one week. During the same period, the KOSPI recorded a 1.22% increase, surpassing the REITs market performance, while also recovering from the previous week’s decline. Recently, the global REITs market has been showing a steady upward trend on expectations of interest rate cuts. For example, the major REITs ETF in the US, VNQ, rose by 3.88% over the past week and increased by nearly 8% over the past month. Korean REITs have also been on a general upward trend, but recorded rather flat performance during a week where several events, […]

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