
2023. 08. 22 · 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. Listed REITs failed to recover for the second week in a row. The simple average return for the 20 listed REITs last week was -1.22%. The mood in the asset market is less than stellar in general. Unfavorable news from the two major countries (G2), the US and China, is shocking the financial markets. Firstly, concerns about further tightening at the US Federal Reserve (Fed) and rising interest rates from the US Treasury are weighing on the market. The US 10-year Treasury bond rate soared to 4.33% during trading on the 17th (local time), exceeding 4.3% for the first time […]
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Content Editor, Seoul Property Insight(SPI)
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