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K-REITs Weekly_US Interest Rate Freeze That Fueled Fire Fades, Market Thaw Ends

2023. 06. 20 · 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 6-week upward trend in the domestic listed REITs market has come to an end. The domestic REITs market enjoyed a steady recovery since mid-May, overcoming a deep freeze for the months prior, but this rising trend has ended after a large decline last week. The simple average return for the 20 listed REITs last week was -1.2%. This is the regular meeting of the Federal Open Market Committee (FOMC) of the US Federal Reserve was the big market event last week. On the 15th (14th US local time), a statement was released along with an announcement of the base rate. As expected by the market, the FOMC decided […]

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