
K-REITs Weekly_ESR Kendall Square REIT Rides Wave, Danger of Riding the Preferred Stock Investment Bandwagon
2023. 11. 27 · 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 now risen for the past four consecutive weeks. The simple average return for the 20 listed REITs last week was 1.26%. The past four weeks of returns were 1.47%, 0.93%, then 0.80%, and now 1.26%. The gains are based on fears of a US interest rate hike having eased somewhat. This is the longest consecutive increase in the second half of the year. The second half of the year did not hold a two-week upward trend prior to this. Considering all of this, the mood of the REITs market has brightened considerably. Market Indifference to FOMC Meeting with No Interest Rate Cut […]
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Content Editor, Seoul Property Insight(SPI)
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