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K-REITs Weekly_Shinhan Alpha REIT Takes Off, 4% Increase for Second Week

2024. 03. 05 · 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 two weeks. The simple average return for the 20 listed REITs last week was 0.54%. While the rate of increase slowed compared to the previous week (0.93%), the REITs market continued a positive trend, in contrast to the KOSPI (-0.94%) which fell back into a downward trend. Price indicators that can affect interest rates are meeting market expectations despite the rate cuts being delayed, and there are no other major macro issues affecting the market. Meanwhile, there was good news for individual REITs, including Shinhan Alpha REIT’s pending inclusion in a global index, and the stock prices of REITs […]

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