K-REITs Weekly_Upward Trend Reverses, SK REIT Sprinting After Capital Increase

2022. 08. 30 · Simok Kim

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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

The stock price of domestic listed REITs turned downward for the first time in a month. Despite the variables and bad news that have continued since the end of July, a recovery was underway, with repeated upward movement. This week showed the first negative return since early August. The weekly returns for 17 stocks are around -0.29%. Considering that the KOSPI and KOSDAQ were -0.47% and -1.44%, respectively, it is still a good result. Many analysts say that market shock was limited, considering the Bank of Korea’s rate hike (2.5%) and the exchange rate rise due to the continued strong US dollar. Listed REITs seem to have suffered a certain […]

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Simok Kim

Content Editor, Seoul Property Insight(SPI)

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