K REITs Weekly_REITs Market Outperforms KOSPI Despite Further Decline, Shinhan Alpha REIT Makes Presence Known
2022. 09. 26 · Simok Kim
0
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The publicly traded REITs market experienced another major decline last week. After a sharp decline in early September, the market calmed down temporarily until the US Consumer Price Index (CPI) was below expected markers and the market took a direct hit from the US Federal Reserve’s ‘giant step’ three times in a row. The US benchmark interest rate, which was announced last week, has soared to a range of 3.00-3.25% annually. This is the highest level since the 2008 global financial crisis. This is also projected to rise further by the end of this year, continuing until late 2023, at a rate between 4.4% and 4.6%. It is forecasted to […]
※The copyright of the content is on the Seoul Property Insight (SPI) and may be subject to legal sanctions for unauthorized capture or illegal publication.
Content Editor, Seoul Property Insight(SPI)
Related Articles
0 Comments
Trackbacks/Pingbacks