Last week, the simple average return rate for the 22 listed REITs was 2.12%. Two weeks ago, a tax reform plan was announced to lower the threshold for major shareholders subject to capital gains tax on stock transfers from KRW 5 billion to KRW 1 billion, which hit the Korean stock market and REITs hard, causing a drop of over 2%. The decline recovered within a week. During the same period, the KOSPI index also rose by 2.90%, showing a rebound. Looking at each individual REIT, Shinhan Seobu T&D REIT, which recorded a decline of around 6% in the previous week, caught attention by rebounding by over 7% […]