
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The REITs market has successfully rebounded after a long period of decline. The simple average return for the 20 listed REITs last week was 1.47%. This ends a six-week streak of declines, the longest period in the second half of 2023. The US Federal Reserve’s move to freeze interest rates at the Federal Open Market Meeting (FOMC) in November, Chairman Jerome Powell’s dovish remarks, and the easing of the overheated job market and other macro factors that had put a heavy burden on the market are showing signs of easing. Relief at Interest Rate Freeze and Slowing Labor Market The Federal Reserve decided on November 1 […]
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Content Editor, Seoul Property Insight(SPI)
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