Last week, the simple average return of the 21 listed REITs recorded -2.29%. The domestic REITs market had rebounded significantly by more than 5% after an ongoing 4-week decline but failed to maintain its momentum as it fell again by more than 2% in just one week. The REITs market saw a sharp decline in stock price following the gains the week prior. Dividend cuts reflective of a decreased rate of return for REITs are believed to be the root cause. During the same period, the KOSPI fell by 1.81%. Of note last week were the 8 REITs that held investor relation (IR) events. These include SK REIT, […]