
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The downturn in the listed REITs market has not recovered, even into mid-March. The simple average return for the 18 listed REITs was recorded at -0.78% last week. The gloomy atmosphere that started in late January has now maintained for seven weeks. Last week especially saw negative daily returns for five consecutive days. The epicenter of the prolonged decline in the listed REITs market is the issue of interest rates. There are growing concerns about the direction, speed, and intensity of market contraction. The KOSPI is no exception, with a further decline last week. The KOSPI struggled more than listed REITs, with a weekly decline of 1.54%, a drop of […]
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Content Editor, Seoul Property Insight(SPI)
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