Stock prices in the domestic listed REITs market has gone on a steeper decline since October. Unlike the first half of the year wen REITs were considered a quality alternative investment product, the steep rise in interest rates in the second half of the year have resulted in increased borrowing costs and concerns about falling real estate prices. The Legoland crisis has also caused a loan market crunch since the end of September. Lee Kyung-ja, a researcher at Samsung Securities, looked into the valuation of listed REITs by analyzing P/NAV (price to net asset value) to check the recent excessive share price decline. Lee emphasized the importance of managing assets […]