K-REITs Weekly_Increasingly Volatile Shinhan Alpha REIT Maintains Strong Rising Trend in Market Cap, Top Two REITs Continue to Dominate
2024. 09. 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.
Due to the Chuseok holiday, last week had only two trading days during which the simple average yield of the 21 listed REITs recorded 0.24%. The REITs market has continued to rise for the past two weeks, albeit only slightly. Last week, the US Federal Reserve (Fed) implemented a ‘big cut’ with a 0.5% reduction in the benchmark interest rate, its first cut in 4.5 years. This is expected to have a positive effect on the Korean REITs market. During the same period, the KOSPI rose by 0.69%. After first cut in 2.5 years, another 0.5% interest rate cut possible this year The event that drew attention […]
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Content Editor, Seoul Property Insight(SPI)
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