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K-REITs Weekly_Continued Downtrend Opposite 2-Week Rising KOSPI

2023. 03. 28 · Simok Kim
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

The downturn in the listed REIT market has continued into the end of March. This is different from the KOSPI, which has gone back and forth, reducing the amount of losses. This week (March 10-17), the cumulative return of the 18 listed REITs was -1.5%, while the KOSPI rose by 0.8%. KOSPI rebounded last week, slightly, and increased its rise this week. On the other hand, the negative flow for listed REITs has been ongoing since late January, now reaching nine consecutive weeks. With rising interest rate volatility and the subsequent Silicon Valley Bank (SVB) and Credit Suisse (CS) crises, sluggish stock price flow was inevitable. It was predicted that […]

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