2024. 11. 19 · 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 rate of the 21 listed REITs recorded -3.05%. The significant downward trend has continued for four consecutive weeks (-3.95%, -2.16%, -2.73%, -3.05%). Last week was especially dire with the second decline of over 3% this year. Overall sentiment in the entire Korean stock market has become negative. Last week, the KOSPI fell by 5.63%, dropping more significantly than REITs, moving below 2,400 for the first time since January. Investor sentiment has significantly weakened amid growing concerns about the Korean economy and stock market following the election of Donald J. Trump as the President of the United States, someone known for his isolationist […]
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Content Editor, Seoul Property Insight(SPI)
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