KOR | ENG

K-REITs Weekly_Declining Trend Grows, Large-cap Stocks Feel Foreign Selling Pressure

2024. 10. 07 · Byungki Koh
0

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 rate of 21 REITs recorded -2.52%, continuing the downward trend for two consecutive weeks following the -1.47% recorded the previous week. This is the largest weekly decline since a 2.53% drop in early August. Last week, the KOSPI fell by 3.02%, and the domestic stock market was weak. The REITs market failed to escape this general trend. Foreign selling pressure continues in the overall Korean stock market, and this trend has also extended to the REITs market, particularly with foreign selling centering around large-cap stocks. Issues around capital increases and refinancing of individual REITs are also considered factors that are holding back REIT […]

Please Register or Login to read the contents.