
2023. 04. 04 · 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 downward trend in domestic listed REITs has now reached ten weeks after it started to tumble in January. The average return for the 18 listed REITs (excluding Hanwha REIT) this week was -1%. This stands in contrast to the KOSPI’s recovery of 2.56%. The daily rate of return also moved in a positive direction for all five days, from March 27-31. March saw difficult times due to the SVB and CS bank collapse in the US and Switzerland, potential factors for instability in the global markets and Korean market alike. The issues were partially resolved thanks to support from central banks and new acquisitions. The US Federal Reserve’s monetary […]
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Content Editor, Seoul Property Insight(SPI)
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