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K-REITs Weekly_KB Star REIT Concern After Plummeting Overseas Asset Values

2023. 07. 11 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    The downtrend in the listed REIT market continues for the fourth week in a row. The decline has been more severe compared to the previous week. The simple average return of 20 listed REITs this week was -2.31%, increasing the decline compared to the previous week (-0.86%), and recording the largest drop over the past four weeks. There doesn’t appear to be any good news for the REITs market. Concerns about interest rate hikes persist. As the US job market was confirmed to be much more active than expected, the US 10-year treasury bond yield this week hit the 4% level for the first time in four months […]

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