
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The 22 listed REITs recorded a simple average return of 0.0029%, showing neither a major rise or decline. After closing three consecutive weeks on a rising trend, the market turned downward (-1.71%) then rebounded in the week ahead of the long Chuseok holiday. Overall, it is analyzed that the deterioration of employment indicators in the US and the resulting expectations for interest rate cuts has been reflected in the market. However, compared to the KOSPI index, which rose 4.82% and surpassed the 3,500 mark for the first time last week, the increase in the REITs market was miniscule. The week saw many issues for individual REITs unrelated to […]
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Content Editor, Seoul Property Insight(SPI)
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