
2023. 11. 21 · 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 REITs market has seen gains for the past three consecutive weeks. The simple average return for the 20 listed REITs last week was 0.80%. The past three weeks of returns slowly diminished from 1.47% to 0.93% and now 0.80%, while remaining in the positive. The November FOMC meeting assuaged some fear of additional increases to the US base interest rate, and later indicators that affect interest rate decisions such as the labor and consumer numbers have been positive. The US 10-year treasury bonds also fell significantly which has also positively affected the future of interest rates. All these factors together have brought some optimism to the market. […]
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Content Editor, Seoul Property Insight(SPI)
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