Last week, the simple average return rate of 22 listed REITs recorded -2.01%, continuing the downward trend for the third consecutive week. The decline was greatly increased compared to the previous week (-0.41%), marking the second largest drop on a weekly basis this year. During the same period, the KOSPI fell by 2.39%. Last week, a tax reform plan was announced that lowered the threshold for large shareholders subject to capital gains tax from KRW 5 billion to KRW 1 billion, which resulted in weaker investor sentiment in the stock market. Both the KOSDAQ and KOSPI recorded declines of -0.96% and -3.88%, respectively, on the day the tax […]