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K-REITs Weekly_ Wait-and-See Ahead of Jackson Hole Symposium, Dilemma Facing Conglomerate REITs

2023. 08. 29 · 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 listed REITs market has ended its long decline. The simple average return for the 20 listed REITs last week was 0.42%. The market’s interest this week was toward the Jackson Hole symposium in the US. The REITs market is highly sensitive to interest rates, and has been in a waiting game ahead of Jackson Hole, an event that will greatly impact global monetary policy. Last year, US Federal Reserve Chairman Jerome Powell shocked the market by making hawkish remarks, saying, “I will raise interest rates until I am sure I can control inflation.” Because of this, the world’s attention has focused on this year’s Jackson Hole symposium, […]

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