The stock price of domestic listed REITs slightly increased this week. The overall return for the market last week was a positive 0.8%. This is a much smaller rise (1.5%) than the previous week. Both the KOSPI and KOSDAQ posted negative returns at -0.14% and -0.08% respectively, relatively worse off than the REITs stocks. The REITs market has outperformed the KOSPI and KOSDAQ indicators for nearly a month. Last week, expectations grew as US Fed Chair Powell suggested an adjustment to the pace of interest rate hikes, which had been moving up rapidly. Powell implied that he would decide on a ‘big step’ (0.5%p increase in the base rate) at […]