The domestic listed REITs market is having a terrifying October. Last week (October 7th – 14th), when the stock market had only 4 days to open due to a holiday (10th), the decline was the highest level ever recorded. The simple average return for the 18 listed REITs (KB Star REIT was newly added) last week was -9.54%. Macro variables and indicators predicted a sluggish market. The Bank of Korea raised the key interest rate (a “big step”) and the US CPI slightly beat expectations. The market hit was inevitable. However, the REITs market atmosphere has been very different from the KOSPI. The KOSPI held the 2,200 level in early […]